Análisis dea-bootstrapping modelo de eficiencia financiera del sistema portuario español

  1. Alberto Camarero Orive 1
  2. José Ignacio Parra Santiago 1
  3. Antonio Gil Ropero 2
  1. 1 Universidad Politécnica de Madrid

    Universidad Politécnica de Madrid

    Madrid, España


  2. 2 Universidad de Cádiz

    Universidad de Cádiz

    Cádiz, España


Anuario de estudios marítimos

ISSN: 2792-9698

Year of publication: 2023

Issue: 2

Pages: 265-283

Type: Article

More publications in: Anuario de estudios marítimos


In order to obtain the financial efficiency of the system as a whole and of its Port Authorities, a DEA-Bootstrapping model study has been carried out to determine the overall performance. Economic inputs have been selected, such as total assets and net income from port charges, against operational outputs; the tonnes moved in a year and the vessels accommodated in the same period. Among the conclusions drawn, the overall average financial efficiency of the Spanish port system is low for the years of the study (close to 0.44), largely due to the assets of which the system is composed. The ports with the highest financial efficiency are consolidated ports in the Spanish port system, with large traffic and with assets aimed at attracting new ships and new goods.

Bibliographic References

  • ABLANEDO-ROSAS, J. H., GAO, H., ZHENG, X., ALIDAEE, B., & WANG, H. (2010). A study of the relative efficiency of Chinese ports: a financial ratio-based data envelopment analysis approach. Expert systems, 27(5), 349-362.
  • AIGNER, D., LOVELL, C. K., & SCHMIDT, P. (1977). Formulation and estimation of stochastic frontier production function models. Journal of econometrics, 6(1), 21-37.
  • AL-SHAMMARI, M. and A. SALIMI (1998) The operating efficiency of banks: a nonparametric methodology, Logistics Information Management, 11, 5-17.
  • AVKIRAN, N. K. (2011). Association of DEA super-efficiency estimates with financial ratios: Investigating the case for Chinese banks. Omega, 39(3), 323-334.
  • BANKER, R. D., CHARNES, A. y COOPER, W. W. (1984). “Some models for estimating technical and scale inefficiencies in data envelopment analysis”. Management Science, 30(9), pp. 1078-1092.
  • BARROS, C. P. (2003). The measurement of efficiency of Portuguese sea port authorities with DEA. International Journal of Transport Economics/Rivista internazionale di economia dei trasporti, 335-354.
  • BARROS, C. P., & ATHANASSIOU, M. (2015). Efficiency in European seaports with DEA: evidence from Greece and Portugal. In Port management (pp. 293-313). Palgrave Macmillan, London.
  • BARTUAL, A. M. (2011). Perspectivas sobre la eficiencia del sistema portuario español. Rect@: Revista Electrónica de Comunicaciones y Trabajos de ASEPUMA, (12), 1-20.
  • BICHOU, K. (2011). A two-stage supply chain DEA model for measuring containerterminal efficiency. International Journal of Shipping and Transport Logistics. 3(1), 6-26.
  • CHARŁAMPOWICZ, J., & MAŃKOWSKI, C. (2020). Economic efficiency evaluation system of maritime container terminals. Ekonomia i Prawo. Economics and Law, 19(1), 21-32.
  • CHARNES, A., COOPER, W. W. y RHODES, E. (1981). “Evaluating program and managerial efficiency: an application of data envelopment analysis to program follow through”. Management Science, 27(6), pp. 668-697.
  • COELLI, T. J. (1995). Recent developments in frontier modelling and efficiency measurement. Australian Journal of agricultural economics, 39(3), 219-245.
  • CULLINANE, K., JI, P., WANG, T-F.(2005a). The relationships between privatization and DEA. Estimates off efficiency in the container port industry. Journal of Economics and Business. 57(5), 443.
  • CULLINANE, K., JI, P., WANG, T-F.(2005b). The application of mathematical programming approaches to estimating container ports production efficiency. Journal of Productivity Analisys. 24(1), 73-92. 3041-9.
  • CULLINANE, K. P., & WANG, T. F. (2006). The efficiency of European container ports: a cross-sectional data envelopment analysis. International Journal of Logistics: Research and Applications, 9(1), 19-31.
  • CULLINANE, K., WANG., T-F., SONG., D-W., JI, P. (2006).The technical efficiency of containers ports: comparing data envelopment analysis and stochastic frontier analysis. Transportation Research Part A: Policy and Practice. 40(4), 354-374.
  • CULLINANE, K., JI, P., WANG, T-F. (2010).The efficiency analysis of container ports production using DEA panel data approaches. OR spectrum. 32(3), 717-738.
  • DE RUS, G., TRUJILLO, L., TOVAR, B., GONZÁLEZ, M., & ROMÁN, C. (1995). Competitividad de los Puertos Españoles. Documento de Trabajo. Tribunal de Defensa de la Competencia. Madrid (Spain).
  • ESTEBAN GARCÍA, J., COLL SERRANO, V., & LÓPEZ ROA, A. L. (2003). Competitividad y eficiencia. Estudios de economía aplicada, 21(3), 423-450.
  • FARRELL, M. J. (1957). “The measurement of productive efficiency”. Journal of the Royal Statistical Society, Series A, 120, Part III, pp. 253-290.
  • FERNÁNDEZ-CASTRO, A. and P. SMITH (1994) Towards a general non-parametric model of corporate performance, OMEGA, 22, 237-249.
  • HALKOS, G. E. and D. S. SALAMOURIS (2004) Efficiency measurement of the Greek commercial banks with the use of financial ratios: a data envelopment analysis approach, Management Accounting Research, 15, 201-224.
  • HU, J. L., CHIU, C. N., SHIEH, H. S., & HUANG, C. H. (2010). A stochastic cost efficiency analysis of international tourist hotels in Taiwan. International Journal of Hospitality Management, 29(1), 99-107.
  • LIN, L. C., & TSENG, L. A. (2005, September). Application of DEA and SFA on the measurement of operating efficiencies for 27 international container ports. In Proceedings of the Eastern Asia Society for Transportation Studies (Vol. 5, No. September, pp. 592-607). Bangkok Thailand.
  • MEEUSEN, W., & VAN DEN BROECK, J. (1977). Efficiency estimation from Cobb- Douglas production functions with composed error. International economic review, 435-444.
  • MUNISAMY, S., SINGH, G. (2011). Benchmarking the efficiency of Asian Container ports. African Journal of Business Management. 5(4), 1397-1407.
  • PARRA, F. (2007). Análisis de eficiencia y productividad. Recuperado de
  • PARRA SANTIAGO, J. I., CAMARERO ORIVE, A., & GONZÁLEZ CANCELAS, N. (2020). DEA-bootstrapping analysis for different models of Spanish port governance. Journal of Marine Science and Engineering, 9(1), 30.
  • PASTOR, J. T. (2000). “Global efficiency measures in DEA”. II Oviedo Workshop. May 2000., p. 70.
  • RHODES, E, CHARNES, A., & COOPER, W. W., (1978). Measuring the efficiency of decision making units. European journal of operational research, 2(6), 429-444.
  • ROPERO, A. G. (2016). Eficiencia operativa de terminales de contenedores. Análisis del puerto Bahía de Algeciras y su relación con los puertos de la Península Ibérica (Doctoral dissertation, Universidad de Cádiz).
  • ROPERO, A. G., DOMÍNGUEZ, I. T., & JIMÉNEZ, M. D. M. C. (2019). Bootstrapped operating efficiency in container ports: a case study in Spain and Portugal. Industrial Management & Data Systems.
  • SIMAR, L., & WILSON, P. W. (1998). Sensitivity analysis of efficiency scores: How to bootstrap in nonparametric frontier models. Management science, 44(1), 49-61.
  • THANASSOULIS, E. (2001). Introduction to the theory and application of data envelopment analysis. A Foundation Text with integrated software. Kluwer Academic Publishers. Boston.
  • TODARO, M. P. (1997). Economic Development. six edition. Longam. pp. 549-550.
  • WANG, T. F., SONG, D. W., & CULLINANE, K. (2003). Container port production 2023 [Editorial Aranzadi, S.A.U.] efficiency: a comparative study of DEA and FDH approaches. Journal of the Eastern Asia Society for Transportation Studies, 5(10), 698-713.
  • WANG, T., CULLINANE, K., SONG, D. (2005). Container Port Production and Economic Efficiency. Palgrave Macmillan, New York.