We measure technical efficiency of port terminals in Peru and Chile to evaluate the influence of certain specific explanatory variables that may contribute to reducing inefficiency; one of them is the structural reform that was implemented in the 1990s in both countries. Chilean terminals were...

This paper contributes to the airport benchmarking literature in two ways. To our knowledge, this is the first attempt at using a stochastic distance function to measure airports' productivity changes while considering multiple outputs. Secondly, we calculate the evolution and decomposition of...