Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis
This paper presents a technical efficiency analysis of container ports in Latin America and the Caribbean using an input-oriented stochastic frontier model. A 10-year panel is employed with data on container throughput, port terminal area, length o...
| Main Authors: | , , , , |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/10/18458483/benchmarking-container-port-technical-efficiency-latin-america-caribbean-stochastic-frontier-analysis http://hdl.handle.net/10986/16896 |
| id |
okr-10986-16896 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-168962021-04-23T14:03:32Z Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis Morales Sarriera, Javier Araya, Gonzalo Serebrisky, Tomas Briceño-Garmendía, Cecilia Schwartz, Jordan AIM AVERAGE PRODUCTIVITY AVERAGING BENCHMARK BENCHMARKING BENCHMARKS BERTH BERTHS CARGO COMMODITIES COMMODITY COMPARATIVE ANALYSIS COMPETITIVENESS CONSTANT RETURNS TO SCALE CONTAINER CARGO CONTAINER HANDLING CONTAINER HANDLING CAPACITY CONTAINER TERMINAL CONTAINER TERMINAL PRODUCTIVITY CONTAINER TERMINALS CONTAINER THROUGHPUT CONTAINER TRAFFIC CONTAINER VESSELS CONTAINERIZATION CONTAINERIZED CARGO CRITERIA CUSTOMS DECENTRALIZATION DECISION MAKING DEVELOPMENT POLICY DOCKS DRIVERS ECONOMETRICS ECONOMIC EFFICIENCY ECONOMIC OUTLOOK ELASTICITIES ELASTICITY ENERGY CONSUMPTION EXCHANGE RATES EXPECTATIONS EXPORTS FINANCIAL CRISIS FUNCTIONAL FORMS GDP GDP PER CAPITA GOODS GROWTH RATE INCOME INCOME LEVELS INCREASING RETURNS INCREASING RETURNS TO SCALE INEFFICIENCY INPUTS INTERNATIONAL TRADE LABOR LINER SERVICES LINER SHIPPING LOADING LOGISTICS ports trade cargo transport stochastic frontiers technical efficiency This paper presents a technical efficiency analysis of container ports in Latin America and the Caribbean using an input-oriented stochastic frontier model. A 10-year panel is employed with data on container throughput, port terminal area, length of berths, and number of cranes available in 67 ports. The model has three innovations with respect to the available literature: (i) it treats ship-to-shore gantry cranes and mobile cranes separately, in order to account for the higher productivity of the former; (ii) a binary variable is introduced for ports using ships' cranes, treated as an additional source of port productivity; and (iii) a binary variable is used for ports operating as transshipment hubs. The associated parameters are highly significant in the production function. The results show an improvement in the average technical efficiency of ports in the Latin America and the Caribbean region from 36 percent to 50 percent between 1999 and 2009; the best-performing port in 2009 achieved a technical efficiency of 94 percent with respect to the frontier. The paper also studies possible determinants of port technical efficiency, such as ownership, corruption, terminal purpose, income per capita, and location. The results reveal positive, but weak, associations between technical efficiency with landlord ports and with lower corruption levels; stronger results are observed between technical efficiency with specialized container terminals and with average income. 2014-02-04T20:51:19Z 2014-02-04T20:51:19Z 2013-10 http://documents.worldbank.org/curated/en/2013/10/18458483/benchmarking-container-port-technical-efficiency-latin-america-caribbean-stochastic-frontier-analysis http://hdl.handle.net/10986/16896 English en_US Policy Research Working Paper;No. 6680 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Caribbean Latin America |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AIM AVERAGE PRODUCTIVITY AVERAGING BENCHMARK BENCHMARKING BENCHMARKS BERTH BERTHS CARGO COMMODITIES COMMODITY COMPARATIVE ANALYSIS COMPETITIVENESS CONSTANT RETURNS TO SCALE CONTAINER CARGO CONTAINER HANDLING CONTAINER HANDLING CAPACITY CONTAINER TERMINAL CONTAINER TERMINAL PRODUCTIVITY CONTAINER TERMINALS CONTAINER THROUGHPUT CONTAINER TRAFFIC CONTAINER VESSELS CONTAINERIZATION CONTAINERIZED CARGO CRITERIA CUSTOMS DECENTRALIZATION DECISION MAKING DEVELOPMENT POLICY DOCKS DRIVERS ECONOMETRICS ECONOMIC EFFICIENCY ECONOMIC OUTLOOK ELASTICITIES ELASTICITY ENERGY CONSUMPTION EXCHANGE RATES EXPECTATIONS EXPORTS FINANCIAL CRISIS FUNCTIONAL FORMS GDP GDP PER CAPITA GOODS GROWTH RATE INCOME INCOME LEVELS INCREASING RETURNS INCREASING RETURNS TO SCALE INEFFICIENCY INPUTS INTERNATIONAL TRADE LABOR LINER SERVICES LINER SHIPPING LOADING LOGISTICS ports trade cargo transport stochastic frontiers technical efficiency |
| spellingShingle |
AIM AVERAGE PRODUCTIVITY AVERAGING BENCHMARK BENCHMARKING BENCHMARKS BERTH BERTHS CARGO COMMODITIES COMMODITY COMPARATIVE ANALYSIS COMPETITIVENESS CONSTANT RETURNS TO SCALE CONTAINER CARGO CONTAINER HANDLING CONTAINER HANDLING CAPACITY CONTAINER TERMINAL CONTAINER TERMINAL PRODUCTIVITY CONTAINER TERMINALS CONTAINER THROUGHPUT CONTAINER TRAFFIC CONTAINER VESSELS CONTAINERIZATION CONTAINERIZED CARGO CRITERIA CUSTOMS DECENTRALIZATION DECISION MAKING DEVELOPMENT POLICY DOCKS DRIVERS ECONOMETRICS ECONOMIC EFFICIENCY ECONOMIC OUTLOOK ELASTICITIES ELASTICITY ENERGY CONSUMPTION EXCHANGE RATES EXPECTATIONS EXPORTS FINANCIAL CRISIS FUNCTIONAL FORMS GDP GDP PER CAPITA GOODS GROWTH RATE INCOME INCOME LEVELS INCREASING RETURNS INCREASING RETURNS TO SCALE INEFFICIENCY INPUTS INTERNATIONAL TRADE LABOR LINER SERVICES LINER SHIPPING LOADING LOGISTICS ports trade cargo transport stochastic frontiers technical efficiency Morales Sarriera, Javier Araya, Gonzalo Serebrisky, Tomas Briceño-Garmendía, Cecilia Schwartz, Jordan Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis |
| geographic_facet |
Latin America & Caribbean Caribbean Latin America |
| relation |
Policy Research Working Paper;No. 6680 |
| description |
This paper presents a technical
efficiency analysis of container ports in Latin America and
the Caribbean using an input-oriented stochastic frontier
model. A 10-year panel is employed with data on container
throughput, port terminal area, length of berths, and number
of cranes available in 67 ports. The model has three
innovations with respect to the available literature: (i) it
treats ship-to-shore gantry cranes and mobile cranes
separately, in order to account for the higher productivity
of the former; (ii) a binary variable is introduced for
ports using ships' cranes, treated as an additional
source of port productivity; and (iii) a binary variable is
used for ports operating as transshipment hubs. The
associated parameters are highly significant in the
production function. The results show an improvement in the
average technical efficiency of ports in the Latin America
and the Caribbean region from 36 percent to 50 percent
between 1999 and 2009; the best-performing port in 2009
achieved a technical efficiency of 94 percent with respect
to the frontier. The paper also studies possible
determinants of port technical efficiency, such as
ownership, corruption, terminal purpose, income per capita,
and location. The results reveal positive, but weak,
associations between technical efficiency with landlord
ports and with lower corruption levels; stronger results are
observed between technical efficiency with specialized
container terminals and with average income. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Morales Sarriera, Javier Araya, Gonzalo Serebrisky, Tomas Briceño-Garmendía, Cecilia Schwartz, Jordan |
| author_facet |
Morales Sarriera, Javier Araya, Gonzalo Serebrisky, Tomas Briceño-Garmendía, Cecilia Schwartz, Jordan |
| author_sort |
Morales Sarriera, Javier |
| title |
Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis |
| title_short |
Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis |
| title_full |
Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis |
| title_fullStr |
Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis |
| title_full_unstemmed |
Benchmarking Container Port Technical Efficiency in Latin America and the Caribbean : A Stochastic Frontier Analysis |
| title_sort |
benchmarking container port technical efficiency in latin america and the caribbean : a stochastic frontier analysis |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/10/18458483/benchmarking-container-port-technical-efficiency-latin-america-caribbean-stochastic-frontier-analysis http://hdl.handle.net/10986/16896 |
| _version_ |
1764434844413067264 |