Coto-Millan, Pablo; Banos-Pino, Jose; Rodriguez-Alvarez, Ana - In: Maritime Policy & Management 27 (2000) 2, pp. 169-174
In this study, a stochastic frontier cost function is used to estimate the econmic efficiency of Spanish ports through panel data. The sample covers annual data of 27 Spanish ports from 1985--1989. By comparing a Cobb-Douglas function with a translog, it is found that the latter best represents...