The Impacts of Ownership Structure and Competition on Port Capacity Investments and Pricing: An Economic Analysis

Contemporary economic development ensures that port performance has become pivotal within the logistical supply chain. While considerable studies have discussed the interdependence of port ownership, inter-port competition, capacity investment and port pricing, few analytical models have been developed, thus preventing researchers from drawing an overall picture of the port industry, or deriving general results of port operation. Hence, this paper proposes an integrated economic model with which the effects of the attributes stated above can be analyzed jointly. The results indicate that capacity investments and congestion level are influenced by ownership forms, the presence of inter-port competition and possible externalities (spillover effects) due to port operation. This study allows the authors to investigate port behaviors systematically, rather than focusing on a single port decision, with different objective functions being specified so as to analyze possible strategic differences between public and private sectors, as well as different levels of governments. It also provides fresh insight to the ongoing debates of private participation in the ownership and operation of transport infrastructure, as well as the possible impacts of continuing governmental involvement.

• Record URL:
  • http://www.icms.polyu.edu.hk/Proceedings/Proceedings%20of%20IFSPA%202010.pdf
• 
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9789623677165
• Corporate Authors:

  Hong Kong Polytechnic University

  Department of Logistics and Maritime Studies
  11 Yuk Choi Road, Hung Hom
  Kowloon, Hong Kong  China 

  Southwest Jiaotong University

  No. 111, 1st North Section, Erhuan Road
  Chengdu, Sichuan  China  610031
• Authors:
  • Xiao, Yibin
  • Ng, Adolf K Y
  • Fu, Xiaowen
• Conference:
  • International Forum on Shipping, Ports and Airports (IFSPA) 2010 - Integrated Transportation Logistics: From Low Cost to High Responsibility
  • Location: Chengdu Sichuan, China
  • Date: 2010-10-15 to 2010-10-18
• Publication Date: 2011-1

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: pp 226-241
• Monograph Title: Proceedings of the International Forum on Shipping, Ports and Airports (IFSPA) 2010 - Integrated Transportation Logistics: From Low Cost to High Responsibility, 15 - 18 October 2010, Chengdu, Sichuan, China

Subject/Index Terms

• TRT Terms: Economic analysis; Economic models; Investments; Ownership; Port capacity; Ports; Pricing
• Subject Areas: Economics; Marine Transportation; I10: Economics and Administration;

Filing Info

• Accession Number: 01341238
• Record Type: Publication
• ISBN: 9789623677165
• Files: TRIS
• Created Date: May 30 2011 6:50AM