The focus of this paper is on the productive efficiency of ports. We estimate a directional technology distance function using parametric techniques to analyze the production technology and technical efficiency of a set of Spanish Port Authorities observed over the period 1993–2012. Technical...

The directional distance function encompasses Shephard’s input and output distance functions and also allows nonradial projections of the assessed firm onto the frontier of the technology in a preassigned direction. However, the criteria underlying the choice of its associated directional...