RANKING OF ADRIATIC SEA CONTAINER PORTS USING DEA

Abstract

Ports are important transport hubs and facilitate the movement of goods for businesses in local communities and global markets. Ports on the Adriatic Sea play a special role in European transport due to their shorter distance to Asian and African markets. The ranking of ports is important not only to assess their efficiency, but also to create a competitive environment and enable port managers and policy makers to recognise and take into account their strengths and weaknesses, leading to an improvement in the performance of ports in general. Data Envelopment Analysis (DEA) is a non-parametric method for evaluating and ranking entities. Cross-efficiency is one of the ranking methods that is able to evaluate all decision-making units (DMU), including efficient and inefficient units. This method has been developed in this article for the presence of uncontrollable inputs and undesirable outputs in an uncertain environment. Therefore, the article deals with the ranking of Adriatic container ports from an economic and environmental perspective using the new improved cross-efficiency method.