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Alternative Approaches to Efficiency Measurement

  • Teng-Fei Wang
  • Kevin Cullinane
  • Dong-Wook Song

Abstract

This chapter aims to investigate the various approaches to efficiency measurement and to lay the required methodological groundwork for analysing the productive efficiency of a sample of container ports. The relative advantages and weaknesses associated with each of the available alternative approaches, as well as their applicability to this particular context, are critically reviewed. In order to determine the potential for instigating methodological improvements, previous applications of these alternative approaches to the port industry, particularly the container port sector, are also examined.

Keywords

Ordinary Little Square Panel Data Technical Efficiency Efficiency Measurement Stochastic Frontier 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Teng-Fei Wang, Kevin Cullinane and Dong-Wook Song 2005

Authors and Affiliations

  • Teng-Fei Wang
  • Kevin Cullinane
  • Dong-Wook Song

There are no affiliations available

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