Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approach
Abstract Container ports play a pivotal role in international trade, facilitating the movement of goods and fostering economic development. While much attention has been given to the efficiency of ports in high-income countries, container ports in lower-middle-income (LMI) countries have received le...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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SpringerOpen
2024-03-01
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| Series: | Journal of Shipping and Trade |
| Subjects: | |
| Online Access: | https://doi.org/10.1186/s41072-024-00163-2 |
| _version_ | 1797233830780731392 |
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| author | Caleb Danladi Sarah Tuck Panagiotis Tziogkidis Lijun Tang Chukwuneke Okorie |
| author_facet | Caleb Danladi Sarah Tuck Panagiotis Tziogkidis Lijun Tang Chukwuneke Okorie |
| author_sort | Caleb Danladi |
| collection | DOAJ |
| description | Abstract Container ports play a pivotal role in international trade, facilitating the movement of goods and fostering economic development. While much attention has been given to the efficiency of ports in high-income countries, container ports in lower-middle-income (LMI) countries have received less attention. This paper addresses this research gap by assessing container ports' operational efficiency across diverse LMI countries and determining ways for their efficiency enhancement and management optimization. The cross-sectional data for the year 2012 was collected for 53 container ports in LMI countries. This research utilizes data envelopment analysis, which offers the advantage of considering multiple inputs and outputs. The results show that the overall technical inefficiencies of LMI countries' container ports are mainly due to pure technical inefficiency rather than scale inefficiencies, and the most efficient ports have a combination of large and hub ports. They also reveal that larger ports (as measured by throughput) are not necessarily more efficient than ports with a small production scale. The results of this research can provide government authorities, port authorities, terminal operators, and investors with valuable insights into resource allocation, competitive advantage, and optimization of operating performance. |
| first_indexed | 2024-04-24T16:22:24Z |
| format | Article |
| id | doaj.art-7469e784274749229dadb60b448a8001 |
| institution | Directory Open Access Journal |
| issn | 2364-4575 |
| language | English |
| last_indexed | 2024-04-24T16:22:24Z |
| publishDate | 2024-03-01 |
| publisher | SpringerOpen |
| record_format | Article |
| series | Journal of Shipping and Trade |
| spelling | doaj.art-7469e784274749229dadb60b448a80012024-03-31T11:10:41ZengSpringerOpenJournal of Shipping and Trade2364-45752024-03-019112410.1186/s41072-024-00163-2Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approachCaleb Danladi0Sarah Tuck1Panagiotis Tziogkidis2Lijun Tang3Chukwuneke Okorie4Plymouth Business School, University of PlymouthPlymouth Business School, University of PlymouthDepartment of Accounting and Finance, University of MacedoniaPlymouth Business School, University of PlymouthSupply Chain Management, Massachusetts Bristol Community CollegeAbstract Container ports play a pivotal role in international trade, facilitating the movement of goods and fostering economic development. While much attention has been given to the efficiency of ports in high-income countries, container ports in lower-middle-income (LMI) countries have received less attention. This paper addresses this research gap by assessing container ports' operational efficiency across diverse LMI countries and determining ways for their efficiency enhancement and management optimization. The cross-sectional data for the year 2012 was collected for 53 container ports in LMI countries. This research utilizes data envelopment analysis, which offers the advantage of considering multiple inputs and outputs. The results show that the overall technical inefficiencies of LMI countries' container ports are mainly due to pure technical inefficiency rather than scale inefficiencies, and the most efficient ports have a combination of large and hub ports. They also reveal that larger ports (as measured by throughput) are not necessarily more efficient than ports with a small production scale. The results of this research can provide government authorities, port authorities, terminal operators, and investors with valuable insights into resource allocation, competitive advantage, and optimization of operating performance.https://doi.org/10.1186/s41072-024-00163-2Container portsBenchmarkingPort efficiencyData envelopment analysisLower-middle-income countriesPort performance |
| spellingShingle | Caleb Danladi Sarah Tuck Panagiotis Tziogkidis Lijun Tang Chukwuneke Okorie Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approach Journal of Shipping and Trade Container ports Benchmarking Port efficiency Data envelopment analysis Lower-middle-income countries Port performance |
| title | Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approach |
| title_full | Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approach |
| title_fullStr | Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approach |
| title_full_unstemmed | Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approach |
| title_short | Efficiency analysis and benchmarking of container ports operating in lower-middle-income countries: a DEA approach |
| title_sort | efficiency analysis and benchmarking of container ports operating in lower middle income countries a dea approach |
| topic | Container ports Benchmarking Port efficiency Data envelopment analysis Lower-middle-income countries Port performance |
| url | https://doi.org/10.1186/s41072-024-00163-2 |
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