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A stochastic frontier model of the productive efficiency of Korean container …
A central objective of port privatization and/or deregulation policies is stimulating greater efficiency by engendering a more competitive market and commercial approach to management. Korea provides a prime example of a nation that is implementing such policies. Also, its ports play a pivotal role in world shipping, particularly in the ever-burgeoning container market. The success of these pol…
- Edisi
- 2003
- ISBN/ISSN
- 1466–4283
- Deskripsi Fisik
- 18p
- Judul Seri
- Applied Economics
- No. Panggil
- ATC LO CUL a
A stochastic frontier model of the efficiency of major container terminals in…
This paper applies a ‘port function matrix’ to analyse the administrative and ownership structures of major container ports in Asia. The relative efficiency of these ports is then assessed using the cross-sectional and panel data versions of the ‘stochastic frontier model’. The estimated efficiency measures are broadly similar for the two versions of the model tested. From the results o…
- Edisi
- 2002
- ISBN/ISSN
- -
- Deskripsi Fisik
- 21p
- Judul Seri
- Transportation Research Part A
- No. Panggil
- ATC LO CUL a
Port privatization, efficiency and competitiveness: some empirical evidence f…
Few studies have investigated the quantitative relationship between port ownership structure and port efficiency with mixed results. This study applies a stochastic frontier model proposed by Battese and Coelli [Battese, G.E., Coelli, T.J., 1995. A model for technique inefficiency effects in a stochastic frontier production function for panel data. Empirical Economics 20, 325–332], which inco…
- Edisi
- -
- ISBN/ISSN
- 0965-8564
- Deskripsi Fisik
- 20 p.
- Judul Seri
- Transportation Research
- No. Panggil
- ATC PO TON p
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