Market access and seaport efficiency: the case of container handling in Norway

Rødseth, Kenneth Løvold; Holmen, Rasmus Bøgh; Kuosmanen, Timo; Schøyen, Halvor

doi:10.1186/s41072-023-00134-z

Cited by 3 publications

(1 citation statement)

References 77 publications

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“…In addition, recent studies further emphasize the role of connectivity and sustainability in port efficiency. Rødseth et al [39] stressed that the Liner Shipping Connectivity Index (LSCI) is vital for influencing port efficiency through improved market access. Li et al [40] demonstrated that sustainable practices, such as reducing carbon emissions, are crucial for enhancing port efficiency.…”

Section: Smart Port Efficiencymentioning

confidence: 99%

A Comprehensive Study on Static and Dynamic Operational Efficiency in Major Korean Container Terminals Amid the Smart Port Development Context

Zhou,

Suh

2024

Sustainability

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Today, the concept of “smart ports”, which are designed to enhance operational efficiency and competitiveness, has emerged as a key paradigm in the port and maritime industry. As an integral component of maritime transportation networks, container terminals in ports play a crucial role in facilitating international trade and stimulating economic growth. Accordingly, the Korean government has steadily pursued policies and investments to improve the technological capabilities of ports, focusing on container terminals. However, there is still a lack of comprehensive research that thoroughly analyzes the operational efficiency of container terminals in domestic ports undergoing smart port technology implementation. Therefore, this study analyzes the operational efficiency of 20 container terminals across five major domestic ports, which are forerunners in smart port transformation, as declared by the Korean government. This study employs a Principal Component Analysis (PCA)–Data Envelopment Analysis (DEA) approach to increase the effectiveness of the analysis and addresses efficiency in two aspects: static and dynamic. The findings indicate that container terminals under Ulsan Port and Busan Port (New) have the best operational efficiency. In particular, Ulsan Port demonstrates significant improvement in terms of efficiency changes. The conclusion emphasizes the pivotal role of technological progress in achieving higher efficiency among container terminals. In addition to providing policymakers and port managers with useful insights into smart port transformation, this study is expected to make theoretical contributions to expanding the perspectives of port efficiency research by simultaneously encompassing static and dynamic analyses.

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Section: Smart Port Efficiencymentioning

confidence: 99%

A Comprehensive Study on Static and Dynamic Operational Efficiency in Major Korean Container Terminals Amid the Smart Port Development Context

Zhou,

Suh

2024

Sustainability

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Nonparametric estimation of allocative efficiency using indirect production theory: Application to container ports in Norway

Rødseth,

Holmen,

Kuosmanen

et al. 2024

J Prod Anal

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Adaption to prices is an important feature of productivity development. This paper proposes an extension of the StoNED model to accommodate estimation of allocative efficiency. It demonstrates how indirect production theory is suited for assessing allocative efficiency and helps alleviating the curse of dimensionality for stochastic nonparametric estimators compared to conventional measures of allocative efficiency. Furthermore, the paper elaborates on the appropriate cost of capital for the estimation of allocative efficiency. The proposed model framework is utilized to study allocative efficiency of Norwegian container ports, thereby adding to the literature on seaport terminal efficiency studies.

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Efficiency estimation, comparison and explanation of Chinese power grid companies in two periods: Based on stochastic frontier cost models

Appolloni,

Yin,

2024

Preprint

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This study aims to estimate, compare, and explainefficiency levels of China’s power grid sector in the before- and after-2015 regulatory reform period by using six different stochastic frontier models with a panel data set covering 23 provincial power grid companies in mainland China and spanning 2006-2021. Empirical results show that efficiency scores range from 0.737 to 0.974, depending on models used. What is important is that there are no statistically significant differences in efficiency levels between the pre- and post-regulatory reform period. To explain the reasons behind these surprising results, the study firstly links these outcomes to the internal benchmarks and incredible regulatory commitments of the 2015 revenue cap regime and then relates the characteristics of the 2015 revenue cap regime to background social and political institutions. Finally, some suggestions for both China and other developing countries that may consider introducing best practices from developed countries are put forward.

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Market access and seaport efficiency: the case of container handling in Norway

Cited by 3 publications

References 77 publications

A Comprehensive Study on Static and Dynamic Operational Efficiency in Major Korean Container Terminals Amid the Smart Port Development Context

A Comprehensive Study on Static and Dynamic Operational Efficiency in Major Korean Container Terminals Amid the Smart Port Development Context

Nonparametric estimation of allocative efficiency using indirect production theory: Application to container ports in Norway

Efficiency estimation, comparison and explanation of Chinese power grid companies in two periods: Based on stochastic frontier cost models

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