A bootstrap analysis to investigate the economic efficiency of the logistics industry in Italy^*

* The views expressed in this paper are those of the authors and do not involve the responsibility of the Bank of Italy.

ABSTRACT

As argued by literature and consultancy reports, logistics enhances both productivity and competitiveness of several manufacturing supply chains. The analysis of the efficiency trends of logistics providers may shed light on some relevant aspects that can impact on the competitiveness of national industrial systems. Thus, the paper focuses on the Italian logistics supply, shedding lights on the distribution of the efficiency level within the logistics sector and its causes. The analysis is based on a two-stage methodology aimed at estimating the Italian logistics firms’ efficiency and defining some characteristics impacting the efficiency level. At first, we implement a Data Envelopment Analysis model based on balance sheet data, for the period 2006–2012, then an econometric regression is performed in order to identify the effects of main companies’ characteristics on firms’ efficiency. According to our results, size and geographical location are two of the most impacting variables explaining the efficiency score of the Italian logistics providers.

KEYWORDS:

• Logistics performance
• efficiency
• two-stage analysis
• Italian logistics

Disclosure statement

No potential conflict of interest was reported by the authors.

ORCID

Claudio Ferrari http://orcid.org/0000-0002-4339-2871

Alessio Tei http://orcid.org/0000-0002-1430-828X

Notes

* The views expressed in this paper are those of the authors and do not involve the responsibility of the Bank of Italy.