A New Governance Perspective on Port-Hinterland Relationships: The Port Hinterland Impact (PHI) Matrix

A new governance perspective on the challenges facing port authorities and users when contracting with various economic actors in a port's hinterland is presented in this article. Many stakeholders in a port's hinterland demand tangible economic benefits from port activities, as a precondition for supporting port expansion and infrastructural investments. The authors find that most contemporary economic impact assessments of port investment projects pay little attention to the contractual relationship challenges in port-hinterland relationships. This article will focus explicitly on the spatial distribution of such impacts and the related contractual relationship issues facing port authorities or port users and their stakeholders in the port hinterland. The authors introduce the Port Hinterland Impact (PHI) matrix as a new analytical tool to support optimal contracting, which focuses explicitly on the spatial distribution of port impacts and related contractual relationship challenges. The authors use the PHI matrix in the analysis of contractual relationships between the port authorities in Antwerp and Zeebrugge, and their respective stakeholders.The PHI matrix offers insight into port impacts using two dimensions: logistics dedicatedness, as an expression of Williamsonian asset specificity in the sphere of logistics contractual relationships, and geographic reach, with a longer reach typically reflecting the need for more complex contacting to overcome 'distance' challenges with external stakeholders.

Language

  • English

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  • Accession Number: 01539242
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 3 2014 10:37AM