All Outputs (3)

The relationship between privatization and DEA estimates of efficiency in the container port industry (2005)
Journal Article
Wang, T., Cullinane, K., Ji, P., & Wang, T. (2005). The relationship between privatization and DEA estimates of efficiency in the container port industry. Journal of Economics and Business, 57(5), 433-462. https://doi.org/10.1016/j.jeconbus.2005.02.007

A major objective of port privatization is to improve the efficiency of the sector. This paper presents the pros and cons of port privatization and provides an empirical examination of the relationship between privatization and relative efficiency wi... Read More about The relationship between privatization and DEA estimates of efficiency in the container port industry.

The Application of Mathematical Programming Approaches to Estimating Container Port Production Efficiency (2005)
Journal Article
Cullinane, K., Song, D., & Wang, T. (2005). The Application of Mathematical Programming Approaches to Estimating Container Port Production Efficiency. Journal of Productivity Analysis, 24(1), 73-92. https://doi.org/10.1007/s11123-005-3041-9

Container terminal production is both an important and complicated element in the contemporary global economy. This paper aims to evaluate the efficiency of the world’s most important container ports and terminals using the two alternative techniques... Read More about The Application of Mathematical Programming Approaches to Estimating Container Port Production Efficiency.

A time-varying risk premium in the term structure of bulk shipping freight rates. (2005)
Journal Article
Adland, R., & Cullinane, K. (2005). A time-varying risk premium in the term structure of bulk shipping freight rates. Journal of Transport, Economics and Policy, 39, 191-208

This paper presents a simple argument, based on logic and maritime economic theory alone, for rejecting the applicability of the expectations theory in bulk shipping freight markets. It is shown that the risk premium must be time varying and must, in... Read More about A time-varying risk premium in the term structure of bulk shipping freight rates..