Research on X-efficiency Measure of Chinese Ports

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.