Abstract
This paper aims at benchmarking, measuring and identifying major determinants of the technical efficiency of container seaports in the region of South-Eastern Europe, including the Italian ports which directly affect competition in the wider region of East Mediterranean Sea. The study employs both non-parametric (standard and super-efficiency DEA) models and bootstrapped parametric techniques to provide a more holistic approach and useful insight into the given problem. The results indicate the relatively low (below 50 %) average total technical efficiency of the container ports in the study region, which can be attributed to both the lack of managerial skills and scale effects. The findings can help to determine sources of port inefficiency by geographical location and size and adopt best practices to improve the operational performance of container ports.
Highlights
The past 15 years have been a period of great and rapid changes in the political regime and economic status of theThese exceptional prospects have resulted in the growth of competition between ports in the region
Following the Data Envelopment Analysis (DEA)-based performance measurement of each container port, the present paper aims at assessing the effect of several determinants of technical efficiency
Container seaports constitute a key element for increasing trade and economic growth rate of countries in the wider South-Eastern Europe (SEE) region
Summary
The past 15 years have been a period of great and rapid changes in the political regime and economic status of the These exceptional prospects have resulted in the growth of competition between ports in the region. Many port authorities have realized the opportunities arisen from container transport operations, because of the resulting high added value, and they have gradually carried out investment plans to facilitate container transfers. These investments increased the volume of container flows in many ports and brought about remarkable changes in the hierarchical position of ports, in terms of the volume of containers handled [40]. Seaports constitute a sub-system in the global logistics chain and some of them may gradually
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