Research on X-efficiency Measure of Chinese Ports

Abstract

Considering the current situation of Chinese ports and from the port company's point of view, this brief figured out the main factors influencing Chinese port X-efficiency and established the X-efficiency measure model with help of stochastic frontier method, which filled the theoretical gap of port X-efficiency research. On that basis, this brief studied the data of 13 typical port-listed-companies such as Shenchiwan A that stood for the five biggest port clusters in China. The result proved some main factors influencing Chinese port X-efficiency such as the internal incentive system of port-listed companies. Finally, suggestions for improving the Chinese ports X-efficiency were proposed, such as reforming the staff incentive system and company ownership system.