RELATIVE EFFICIENCYANALYSISOF BULGARIAN PORT OPERATORS

Galina Sabcheva () and Tsvetomir Manolov ()
Additional contact information
Galina Sabcheva: University of Economics – Varna, Bulgaria
Tsvetomir Manolov: University of Economics – Varna, Bulgaria

Economic Science, education and the real economy: Development and interactions in the digital age, 2020, issue 1, 250-263

Abstract: The report examines relative efficiency of Bulgarian port operators for 2018 in the adoption to non-parametric data envelopment analysis (DEA). The adoption is output-oriented and financial ratios based. The approach gives the opportunity for a port operators efficiency estimate taking into consideration multiple financial ratios and combining them into a single measure of efficiency. The model is solved for each port operator and the relative efficiency of each operator is determined in relation to the another ports. The results shows that the higher is port operator efficiency coefficient in relation to the coefficient to another one, the higher is efficiency of the operator. In conclusion are made suggestions based on DEA to the management for port operators efficiency improvement.

Keywords: Data envelopment analysis; DEA; financial ratios; port operator; relative efficiency (search for similar items in EconPapers)
JEL-codes: L91 M21 R40 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ue-varna.bg/~uevarna/uploads/filemanager/3 ... _economy_T3_2020.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrn:cfdide:y:2020:i:1:p:250-263

Access Statistics for this article

Economic Science, education and the real economy: Development and interactions in the digital age is currently edited by Zoya Mladenova

More articles in Economic Science, education and the real economy: Development and interactions in the digital age from Publishing house Science and Economics Varna Contact information at EDIRC.
Bibliographic data for series maintained by Zoya Mladenova ().