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dc.contributor.authorHidalgo Gallego, Soraya 
dc.contributor.authorNúñez Sánchez, Ramón 
dc.contributor.otherUniversidad de Cantabriaes_ES
dc.date.accessioned2014-07-04T10:25:02Z
dc.date.available2014-07-04T10:25:02Z
dc.date.issued2012
dc.identifier.urihttp://hdl.handle.net/10902/4870
dc.description.abstractThis paper aims to analyse the impact of port demand variability on the allocative efficiency of Spanish port authorities during the period 1986-2007. From a distance function model we can obtain a measure of allocative efficiency using two different approaches: error components approach and parametric approach. We model the variability of port demand from the cyclical component of traffic series by applying the Hodrick-Prescott filter. The results show that the inclusion of variability does not affect the efficiency measures, except in the case of containerised general cargo. Moreover, we demonstrate that port authorities have excess capacity and their resources are misallocated. Finally we establish that the allocative inefficiency of Spanish port authorities is difficult to resolve given the limited substitution possibilities among the different pairs of inputs.es_ES
dc.format.extent25 p.es_ES
dc.language.isoenges_ES
dc.publisherMPRAes_ES
dc.rights© Soraya Hidalgo Gallego © Ramón Núñez Sánchezes_ES
dc.sourceMPRA Paper No. 38136, posted 1. April 2012es_ES
dc.subject.otherAllocative efficiencyes_ES
dc.subject.otherDistance functiones_ES
dc.subject.otherDemand variabilityes_ES
dc.subject.otherHodrick-Prescott filteres_ES
dc.subject.otherPortses_ES
dc.titleEstimating allocative efficiency in port authorities with demand uncertaintyes_ES
dc.typeinfo:eu-repo/semantics/workingPaperes_ES
dc.rights.accessRightsopenAccesses_ES
dc.type.versionpublishedVersiones_ES


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