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Table 7 Estimation of stochastic production frontier.

From: Assessment of port efficiency within Latin America

Variable

Parameter

Coefficient

Standard error

Constant

β0

13.17*

5.77E−06

\({B}_{it}\) (berth length)

β1

− 0.0622*

0.0000188

\({A}_{it}\) (area of port)

β2

0.0621*

3.24E−06

\({C}_{it}\) (cranes)

β3

0.2719*

3.29E−06

\({Q}_{it}\) (number of berths)

β4

0.0148*

2.62E−04

  1. *Significant at 1%