The Drivers of Port Productivity for Selected Indian Ocean Ports Using the Malmquist Productivity Index
Adeola Oluwatoyin Osundiran () and
Makgopa Tshehla ()
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Adeola Oluwatoyin Osundiran: University of South Africa
Makgopa Tshehla: University of South Africa
Chapter Chapter 12 in Business Analytics and Decision Making in Practice, 2024, pp 133-141 from Springer
Abstract:
Abstract Efficient ports are pivotal to the health of the nation’s economy. For instance, when the port of Seychelles and Port Louis are put into consideration, it is noted that their respective ports are a major source of revenue. In Seychelles, the economy depends largely on the revenue it derives from imports and exports as well as tourism. In Mauritius, the port of Port Louis, handles the entire shipment that comes in to the country via sea. This paper examines the efficiency levels of these ports using the Malmquist based Data Envelopment Analysis. The review of literature lays further credence to the importance of this paper as there has been a paucity of articles on the efficiency level of the port of Port Louis and Port Victoria. Hence, this paper contributes to the growing body of knowledge on the efficiency analysis of ports using Data Envelopment Analysis based Malmquist Productivity Index. The period of examination is from 2008–2018. The results indicated that over the period of 2008 to 2018 the port of Port Louis achieved an annual average productivity gain of 0.91 whilst the Port of Victoria achieved 0.95. The drivers of productivity being tilted more towards technology change.
Keywords: Mauritius; Victoria; Data envelopment analysis; Port efficiency; Malmquist productivity index (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnopch:978-3-031-61589-4_12
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DOI: 10.1007/978-3-031-61589-4_12
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