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Does cargo specialization improve port technical efficiency? The paradigm of specialized infrastructure

Abstract: This study analyses the effect of cargo specialisation on Spanish Port Authorities? technical efficiency. To the best of our knowledge, this is the first study to contend that the effect of cargo specialisation on port efficiency may vary at different levels of specialisation. Specialisation/diversification strategies are examined under different scenarios. A stochastic input-oriented distance function model that accounts for Port Authorities? heterogeneity is constructed. The results show that increasing specialisation in general cargo improves technical efficiency; however, specialisation in liquid or solid bulk cargo is not recommended?such cargo should ideally be handled jointly with other types of cargo. Finally, full specialisation is also not recommended in terms of technical efficiency gains.

 Fuente: Maritime Policy & Management, Volume 47, 2020 - Issue 2

Editorial: Taylor & Francis

 Año de publicación: 2020

Tipo de publicación: Artículo de Revista

 DOI: 10.1080/03088839.2019.1704088

ISSN: 1464-5254,0308-8839

Proyecto español: PRE04-2016

Url de la publicación: https://doi.org/10.1080/03088839.2019.1704088