CONTAINER PORT PRODUCTION EFFICIENCY: A Comparative Study of DEA and FDH Approaches
نویسندگان
چکیده
Container terminal production is both an important and complicated element in the contemporary global economy. Amongst other methods, the efficiency of container port or terminal production can potentially be analysed by Data Envelopment Analysis (DEA) or by the Free Disposal Hull (FDH) Model. This paper aims to evaluate the efficiency of the world’s most important container ports and terminals using the two alternative techniques. The results show that the available mathematical programming methodologies lead to different conclusions. It is also concluded that the availability of panel data, rather than cross-sectional data would greatly improve the validity of the efficiency estimates derived from all the mathematical programming techniques applied.
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