Excess Capacity, Economic Efficiency and Technical Change in a Public-Owned Port System: An Application to the Infrastructure Services of Spanish ... View Full Text


Ontology type: schema:Chapter     


Chapter Info

DATE

2010-05-19

AUTHORS

Ramón Núñez-Sánchez , Pablo Coto-Millán

ABSTRACT

In this paper we estimate both a technical efficiency measure and the evolution of allocative efficiency in the infrastructure services of Spanish ports during the period 1986–2005. To achieve this aim, we estimate a system of equations consisting of a multioutput translog input distance function and cost shares equations. The results show that Spanish ports do not minimize their costs. Additionally, from 1992, we observe a process of under-utilization of capital relative to labour, coinciding with a decentralized process of the organizations that own and control the land and activities at Spanish ports. More... »

PAGES

269-285

Book

TITLE

Essays on Port Economics

ISBN

978-3-7908-2424-7
978-3-7908-2425-4

Identifiers

URI

http://scigraph.springernature.com/pub.10.1007/978-3-7908-2425-4_17

DOI

http://dx.doi.org/10.1007/978-3-7908-2425-4_17

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1049801648


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