Productivity analysis of Brazilian seaports

This paper analyses the productivity of Brazilian seaports over the period 2004–2010, using a Malmquist index with technological bias. During this period, Brazilian seaports, on average, became less productive with improvements in efficiency change and deterioration in technological change. Our results indicate that the traditional growth accounting method, which assumes Hicks-neutral technological change, is not appropriate for analysing the productivity changes of Brazilian seaports. Policy implications are derived.

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