Port Efficiency Based on the Super-Efficiency EBM-DEA-SDM Model: Empirical Evidence from China

Abstract

Guangdong Province enjoys a very high economic status in China especially in terms of port construction. In response to the port development directions in China, the Guangdong government released a policy about the construction of Guangdong ports in the next 15 years. Based on the policy, this study proposes to evaluate the port efficiency of major ports in Guangdong Province during 2011–2020 using the Super-efficiency EBM-DEA model that considers undesirable outputs, and the spatial effect of port efficiency and its influencing factors is further analyzed using the spatial Durbin model. The empirical results shows that the overall port efficiency in Guangdong Province is not high and varies widely among port clusters, thereby lacking synergistic development. The results of the spatial Durbin model show that port efficiency is positively correlated with the level of economic development, port-city relationship and transportation structure, as well as negatively correlated with the efficiency of neighboring ports. The findings have a far-reaching impact on the development of port construction.