Browse > Article
http://dx.doi.org/10.5394/KINPR.2005.29.1.105

An Analysis on the Efficiency of Container Terminal using Stochastic Frontier Model  

Kim Un-Soo (Korea Maritime Institute)
Kwak Kyu-Seok (Department of Logistics Engineering, National Korea Maritime University)
Publication Information
Journal of Navigation and Port Research / v.29, no.1, 2005 , pp. 105-111 More about this Journal
Abstract
Recently, global terminal operotors are struggling to attract more cargoes into their ports through enlarging facilities and trying to be more efficient operotion Many researches on container terminal efficiency have been conducted, but most of the traditional studies are focused on the partial efficiency of the container terminal using quantitative questionnaires and basic statistical data In this paper, the Stochastic Frontier Model of the interaction among the variables was employed to execute numerical analysis on the efficiency of terminal. The objective of this paper is to measure the level of efficiency in the container terminals every year and to assess the influence in container terminal's efficiency on domestic and foreign terminals by changing the terminal scales and the level of input factors.
Keywords
Efficiency; Container Terminal; Stochastic Frontier Model; Production Function; Panel Data;
Citations & Related Records
연도 인용수 순위
  • Reference
1 Cullinane K., Song D. W. and Gray R.(2002), 'A Stochastic Frontier Model of the Efficiency of Major Container Terminals in Asia assessing the Influence of Administrative and Ownership Structures', Transport Research Part A. pp.743-762
2 Pino J. B. and Alvarez R.(2000), 'Economic efficiency in Spanish Ports some empirical evidence', Maritime Policy and Management, Vol. 27, pp.169-174   DOI   ScienceOn
3 Hayuth Y. and Roll Y.(1993), 'Port Performance Comparison Applying Data Envelopment Analysis (DEA)', Maritime Policy and Management, No. 20, Vol. 2, pp.153-161
4 Martinez E., Diaz R., Navavro M. and Ravelo T.(1999), 'A Study of the Efficiency of Spanish Port Authorities using Data Envelopment Analysis', International Journal of Transport Economics, Vol. 2, pp.237-253
5 Aigner D. J., Lovell C. A. K. and Schmidt P.(1977), 'Formulation and Estimation of Stochastic Production Models', Journal of Econometrics, Vol. 6, pp.21-37   DOI   ScienceOn
6 Meeusen W. and Van den Broeck J. (1977), 'Efficiency Estimation from Cobb Douglas Production Function with Composed Error', International Economic Review, Vol.18, pp.435-444   DOI   ScienceOn
7 Notteboom T., Coeck C. and Van den Broeck J. (2000), 'Measuring and Explaining the relative Efficiency of Container Terminals by means of Bayesian Stochastic Frontier Models', Journal of Maritime Economics & Logistics, Vol. 2, pp.83-106   DOI
8 Schmidt P. and Sickles R. C.(1984), 'Production Frontiers and Panel Data,' Journal of Business and Economic Statistics, pp.367-374
9 Tongzon J.(2001), 'Efficiency Measurement of Selected Australian and Other International Ports using Data Envelopment Analysis', Transportation Research Part A, Vol. 35, pp.113-128
10 박경서, 김창호 (2002), 은행합병이 기업여신에 미치는 영향에 관한 연구, 금융학회지, 제7권 2호, pp.123-124
11 송재영 (2000), DEA/AHP를 이용한 컨테이너 터미널 효율성에 관한 연구, 한국해양대학교 석사학위논문. pp. 20-23
12 한국컨테이너부두공단 (2002), 우리나라 컨테이너부두 생산성 향상방안 연구, pp.13-39
13 Battese G. E. and Coelli T. J.(1988), 'Prodiction of Firm Level Technical Efficiencies with a Generalized Frontier Production Function and Panel Data', Journal of Econometrics, Vol. 38, pp.387-399   DOI   ScienceOn
14 Containerisation International Yearbook(1999-2003)
15 Dowd, T. J. and Leschine, T. M.(1990), 'Container terminal productivity: a perspective', Maritime Policy & Management, Vol. 17, No. 2, pp.107-112   DOI   ScienceOn
16 Greene W. H.(1995), LIMDEP(Version 7.0) User's Manual, Econometric Software Inc, Castle Hill, Australia