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A Benchmark Analysis of Italian Seaports Using Data Envelopment Analysis

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TLDR
In this paper, the authors used data envelopment analysis to evaluate the performance of Italian seaports from 2002 to 2003, combining operational and financial variables, and evaluated the role played by size, containerization and labour in the efficiency of the seaport analysed.
Abstract
This paper uses data envelopment analysis to evaluate the performance of Italian seaports from 2002 to 2003, combining operational and financial variables. The paper evaluates how close the Italian seaports are to the frontier of best practices. Moreover, the paper also tests for the role played by size, containerisation and labour in the efficiency of the seaports analysed. The general conclusion is that the Italians seaports examined display relatively high efficiency. However, there are also some inefficient seaports in the sample analysed. Management implications are subsequently drawn.

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Citations
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Concentration and the formation of multi-port gateway regions in the European container port system: an update

TL;DR: In this paper, the authors provide an update of the detailed container traffic analysis developed by Notteboom (1997) by extending it to the period 1985-2008 and to 78 container ports and identify key trends and issues underlying recent developments in the European container port system.
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Assessing port governance models: process and performance components

TL;DR: In this paper, the authors present a conceptual framework that integrates various relevant port performance components in a way that can be used for a comprehensive port evaluation and adjustment of existing port governance models.
Journal ArticleDOI

Port economics, policy and management : review of an emerging research field

TL;DR: In this article, a comprehensive database consisting of all the 395 relevant journal papers on ports that were published during the period 1997-2008 was reviewed, with the use of quantitative and qualitative bibliometric tools.
Journal ArticleDOI

A Critical Analysis of DEA Applications to Seaport Economic Efficiency Measurement

TL;DR: In this paper, the authors provide a thorough review and critical analysis of the major studies undertaken to date, and highlight some problems and limitations in the application of the technique in the seaport context particularly in the specification of parameters, the sampling domain and the type of DEA to be applied.
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The efficiency analysis of container port production using DEA panel data approaches

TL;DR: Empirical results validate the necessity of utilizing panel data and reveal that considerable waste exists in container port production, which provides a basis for assessing the competitiveness of container ports, for benchmarking best practice and identifying specific sources or causes of inefficiency.
References
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Journal ArticleDOI

Theory of the firm: Managerial behavior, agency costs and ownership structure

TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
Journal ArticleDOI

Measuring the efficiency of decision making units

TL;DR: A nonlinear (nonconvex) programming model provides a new definition of efficiency for use in evaluating activities of not-for-profit entities participating in public programs and methods for objectively determining weights by reference to the observational data for the multiple outputs and multiple inputs that characterize such programs.
Journal ArticleDOI

Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis

TL;DR: The CCR ratio form introduced by Charnes, Cooper and Rhodes, as part of their Data Envelopment Analysis approach, comprehends both technical and scale inefficiencies via the optimal value of the ratio form, as obtained directly from the data without requiring a priori specification of weights and/or explicit delineation of assumed functional forms of relations between inputs and outputs as mentioned in this paper.
Journal ArticleDOI

The Measurement of Productive Efficiency

M. J. Farrell
Book

An Introduction to Efficiency and Productivity Analysis

TL;DR: This book is the first systematic survey of performance measurement with the express purpose of introducing the field to a wide audience of students, researchers, and practitioners.
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