The cruise industry has grown considerably over the past 25 years. Within this context, the ports and passenger terminals’ organization and services offered to the cruise line companies has subsequently undergone a substantial transformation. We can observe that at present an increasing number of cruise terminals are managed or partially managed by the cruise line companies, so the possible partnerships between private and public actors (port authorities, cruise terminals, cruise line companies) play a significant role in the management decisions and in the level of efficiency and performance of cruise terminal operations. The aim of this paper is to measure the performance of the main cruise terminals in the Mediterranean Basin and in the world when public and private actors participate in the management of terminals. Cruise terminal performance will be measured by the calculation of the production function with a multi-output set-up. We will apply stochastic frontier analysis (SFA) based on the distance function. The study results will suggest new avenues to streamline the organizational and governance criteria of cruise terminals managed by public and private partnerships.
Public and Private management and efficiency index of cruise terminals
DI VAIO, Assunta
2011-01-01
Abstract
The cruise industry has grown considerably over the past 25 years. Within this context, the ports and passenger terminals’ organization and services offered to the cruise line companies has subsequently undergone a substantial transformation. We can observe that at present an increasing number of cruise terminals are managed or partially managed by the cruise line companies, so the possible partnerships between private and public actors (port authorities, cruise terminals, cruise line companies) play a significant role in the management decisions and in the level of efficiency and performance of cruise terminal operations. The aim of this paper is to measure the performance of the main cruise terminals in the Mediterranean Basin and in the world when public and private actors participate in the management of terminals. Cruise terminal performance will be measured by the calculation of the production function with a multi-output set-up. We will apply stochastic frontier analysis (SFA) based on the distance function. The study results will suggest new avenues to streamline the organizational and governance criteria of cruise terminals managed by public and private partnerships.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
