2 research outputs found

    The technical efficiency of SACU Ports: a data envelopment analysis approach

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    There ever growing international trade and increasing congestion of ports led to an increased focus attention on technical efficiency. Seaports are a central and necessary component in facilitating international trade. Yet, there is only limited comprehensive information available on the technical efficiency of African ports. The study investigated the technical efficiency of the SACU ports during the period 2014-2019 using DEA model. The DEA model is effective in resolving the measurement of port efficiency since the calculations are nonparametric and do not need definition or knowledge of a priori weights for the inputs or outputs, as is necessary for estimate of efficiency using production functions. To identify the roots of the technical inefficiency of the SACU ports, the study subdivided technical efficiency into pure technical and scale efficiency. The model used cargo handled, container throughput, ship calls as output variables. Whilst, quay cranes, number of tugboats, draft, quay length and number of quays were used as input variables. The study used the scores of DEA-BCC model as explanatory variables in Tobit model. The results showed that quay cranes and quay length are the cause of technical inefficiencies in the ports.Thesis (MCom (Economics)) -- Faculty of Business and Economic Sciences, 202

    The technical efficiency of SACU Ports: a data envelopment analysis approach

    Get PDF
    There ever growing international trade and increasing congestion of ports led to an increased focus attention on technical efficiency. Seaports are a central and necessary component in facilitating international trade. Yet, there is only limited comprehensive information available on the technical efficiency of African ports. The study investigated the technical efficiency of the SACU ports during the period 2014-2019 using DEA model. The DEA model is effective in resolving the measurement of port efficiency since the calculations are nonparametric and do not need definition or knowledge of a priori weights for the inputs or outputs, as is necessary for estimate of efficiency using production functions. To identify the roots of the technical inefficiency of the SACU ports, the study subdivided technical efficiency into pure technical and scale efficiency. The model used cargo handled, container throughput, ship calls as output variables. Whilst, quay cranes, number of tugboats, draft, quay length and number of quays were used as input variables. The study used the scores of DEA-BCC model as explanatory variables in Tobit model. The results showed that quay cranes and quay length are the cause of technical inefficiencies in the ports.Thesis (MCom (Economics)) -- Faculty of Business and Economic Sciences, 202
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