The relationship between port-level maritime connectivity and efficiency
Beatriz Tovar and
Alan Wall
Journal of Transport Geography, 2022, vol. 98, issue C
Abstract:
This paper examines the empirical relationship between maritime connectivity and port efficiency. To do so, a stochastic output distance function is employed which permits the effect of connectivity on port technical efficiency to be estimated for a sample of Spanish ports. Previous studies analysing the relationship between efficiency and connectivity have used country-level connectivity indices. In the present study, port-level connectivity indices are used for the first time for this type of analysis. A novel panel dataset of 16 Spanish ports observed over the period 2006–2016 is constructed by crossing port-level connectivity information from UNCTAD's Port Liner Shipping Connectivity Index (PLSCI) with port-level production data from Spanish port authorities. The results from our estimation show a positive relationship between connectivity and port efficiency. It is found that relatively modest improvements in observed connectivity are associated with large differences in expected output.
Keywords: Ports; Connectivity; Technical efficiency; Output distance function; Stochastic frontier (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jotrge:v:98:y:2022:i:c:s0966692321002660
DOI: 10.1016/j.jtrangeo.2021.103213
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