MEASURING EFFICIENCY OF INDIAN PORTS THROUGH DATA ENVELOPMENT ANALYSIS: A COMPARATIVE ANALYSIS OF MUNDRA AND KANDLA PORT IN GUJARAT
The purpose of the study is to evaluate the ownership structure of Mundra and Kandla seaports with a objective to compare the efficiency of these two ports over the period of 2017-2022. The data on various variables of inputs and output were collected from the port Management. The study applies data envelopment analysis with input orientation to calculate the relative efficiency score of Gujarat’s most leading ports for the respective reference period. The investigation carried out both on singular aspects of individual port and on a cross sectional analysis of the port. The efficiency estimated on individual ports reveal that the Mundra Port has an average efficiency of 0.92 percent on reported periods. And the efficiency representation of the Mundra Port is consistent compared to its counterpart with 0.73 percent of score. As a result Mundra Port outperforms the Kandla Port. However the analysis of panel data reveals a fluxuation in these two ports efficiency, indicating that the result outcomes of cross-sectional data may be misleading. It was also found that ports exhibiting a mixture of decreasing, increasing and contant returned to scale. Moreover Data Envelopemnt Analysis results obtained for individual ports can be more reliable, because each single port could have its specific and unique contexts in place.
Ownership Structure, Technical Efficiency, Data Envelopment Analysis