ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

Determination of Factors and Indicators of Efficient Port Functioning

Journal: Quarterly Scientific Journal "Economic Herald of the Donbas" (Vol.65, No. 3)

Publication Date:

Authors : ;

Page : 105-109

Keywords : port efficiency; port performance; database; average data; group data; stochastic model.;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

The article emphasizes the lack of a systematic and unified approach to measuring the performance of ports with different properties. The analysis of practical and theoretical approaches and the comparative analysis of indicators of efficiency of port are carried out. Measuring efficiency plays a significant role in assessing production in its current and future state. With the appropriate performance measurement, the system in the organization can be set up to move in the desired direction by analyzing behavioral responses and understanding the impact of different performance indicators on port performance. However, incorrectly defined performance indicators will lead the organization in the wrong direction and cause unforeseen negative consequences. Port efficiency can have a major impact on the region's economic growth, as ports connect maritime transport and inland transport. They are also important suppliers for ships, cargo and inland transport. Port performance analysis gives operators a clear idea of how much port resources are being used and helps them compare their strengths and weaknesses. Measuring port efficiency improves port development and maintains its competitiveness in an increasingly competitive commercial environment. Therefore, it is important to first conduct a comprehensive study to determine the performance of the port, relevant to the activities of ships, cargo and terminals. By assessing the efficiency of ports using certain indicators, you can get an idea of comparing their efficiency, even internationally. A review of practical and theoretical approaches to the comparative analysis of port efficiency indicators over the past three decades and summarized the main differences in these studies found the lack of a systematic and unified approach to measuring the performance of ports with different properties. Recent studies have aimed to analyze the performance of port terminals, as they are the most important component of ports, operations for the transfer of berths and court operations in the terminals fundamentally determine the efficiency of the port. Port bandwidth is one of the most widely used indicators of port efficiency. Productivity growth is seen as direct evidence of port activity. One of the most important aspects of measuring seaport efficiency is performance, and the popular database analysis (DEA) method is commonly used to evaluate it. There are several other models used for cross-sectional and panel data, such as software. To assess port efficiency, this study examines the analysis of the DEA and FDH database through its ability to analyze multiple outputs and inputs simultaneously.

Last modified: 2022-01-11 19:01:43