Measuring Seaports' Productivity: A Malmquist Productivity Index Decomposition Approach
George Halkos () and
Journal of Transport Economics and Policy, 2015, vol. 49, issue 2, 355-376
This paper uses three different Malmquist productivity index (MPI) decompositions to measure Greek seaports' productivity for the period 2006-10. Bootstrap techniques are applied in order for confidence intervals of MPIs and their components to be constructed, and to verify if the indicated changes are statistically significant. Finally, a second-stage nonparametric analysis is applied identifying the effect of seaports' size on their productivity levels. The results reveal that the number of terminals is a crucial determinant of seaports' productivity levels. Additionally, it appears that the high length of Greek seaports has a negative influence on their productivity levels over the years. © 2015 LSE and the University of Bath
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Working Paper: Measuring seaports’ productivity: A Malmquist productivity index decomposition approach (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:v:49:y:2015:i:2:p:355-376
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