European Union expansion and seaport efficiency in the North Adriatic

Kenneth Button and Tomaž Kramberger

Applied Economics Letters, 2015, vol. 22, issue 9, 700-703

Abstract: This article looks at the relative economic efficiency of seaports in the North Adriatic, and the effects of expansions of the European Union (EU) on this. Taking the main container ports in the region between 2004 and 2012, variations in efficiency are found over time dependent on whether constant or variable returns to scale are assumed. The consistently high number of ports on the efficiency frontier, however, suggests relatively high degrees of competition between them. The Slovenian port of Kope that came under the EU umbrella in 2014 is consistently efficient, as is the main Croatian seaport that remained outside of the Union over the period considered indicating that membership did not impact on economic efficiency.

Date: 2015
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DOI: 10.1080/13504851.2014.969822

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