 Analysis on the effects of economic shocks on economic and technical efficiency of transport firmsÁlvaro Costa, Carlos Oliveira Cruz, Joaquim Miranda Sarmento and Vítor Faria e Sousa Chapter 12 in The Elgar Companion to Transport Infrastructure Projects, 2026, pp 218-234 from Edward Elgar Publishing Abstract: The allocation of resources within the transportation sector has long stood as a central research area. Transportation systems are capital intensive, and their efficient and effective functioning has a significant impact on the economy and society as a whole. Most studies on transport companies’ efficiency have focused on endogenous/managerial determinants, e.g., public vs. private management. This chapter provides an empirical analysis of efficiency determinants, focusing on exogenous determinants, in particular, economic shocks. We have used the case of Portugal during a period when the country experienced distinct economic periods – contraction and growth – and also an economic bailout with covenants regarding improving the overall efficiency of the public sector. Our results show that the economic environment impacts efficiency scores: growth in GDP improves overall economic efficiency but has a negative impact on technical efficiency. Keywords: Data envelopment analysis; Efficiency; Economic shocks; Transport firms; Portugal (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20156_12 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Chapters from Edward Elgar Publishing |
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