Measuring Ports Efficiency under the Application of PEP-Model

This study proposes a group of indicators in the analysis of port performance. This paper presents a new model of analysis to evaluate how the port cargo openness, the productivity level, the cargo expansion, and the technological change adaptability can affect directly on the marginal productivity growth rate and performance of a port. This new model, “The Ports Efficiency Performance Model (PEP-Model)” is intended to offer policy makers and researchers an additional analytical tool to study the impact of dynamic changes such as change in international trade trends and the impact of technology or competition on port performance from a new perspective.