We measure technical efficiency of port terminals in Peru and Chile to evaluate the influence of certain specific explanatory variables that may contribute to reducing inefficiency; one of them is the structural reform that was implemented in the 1990s in both countries. Chilean terminals were...

The aim of this paper is to assess and compare the efficiency and performance of Peruvian and Chilean ports terminals. In order to do so we estimate total factor productivity (TFP) growth by applying Stochastic Frontier Analysis (SFA). A distance function was used on a sample of 14 ports...