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Internalizing CO2 emissions in Spanish port efficiency analysis

A stochastic frontier approach with policy insights

Bibliographic Data

ID6459304
AuthorsAndrea Rodríguez (0000-0003-2208-2994), Lourdes Trujillo (0000-0002-0918-5625)
Year2025
Volume96
Pages102009-102009
Publication date2025-07-15
Open AccessYes
TypeARTICLE
VenueUtilities Policy (JOURNAL)
Journal identifiersISSN: 0957-1787 • E-ISSN: 1878-4356
PublisherElsevier BV (PUBLISHER)
DOI10.1016/j.jup.2025.102009
OpenAlexW4412430869
LanguageEN
References cited76

Recent regulatory changes have impacted the European Union (EU) maritime sector. This study evaluates the effect of carbon dioxide (CO2) emissions on the production frontier and Technical Efficiency (TE) of cargo handling services in Spain’s 23 largest ports. Using the Material Balance Theorem, we justify the inclusion of CO2 in a stochastic frontier model. Results show that accounting for emissions increases the weight of quasi-fixed inputs and reduces average inefficiency. These findings suggest that the new EU Maritime regulation (FuelEU and ETS) could help to internalize environmental externalities in port operations

Econometrics · Economics · Environmental economics · Frontier · Macroeconomics · Natural resource economics · Political science · Port (circuit theory · Stochastic frontier analysis · Engineering · Environmental Science · Maritime Ports and Logistics · Maritime Transport Emissions and Efficiency · Transportation Planning and Optimization

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