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  4. The impact of specialization, ownership, competition and regulation on efficiency: a case study of Indian seaports
 
Verlagslink DOI
10.1057/s41278-021-00200-y

The impact of specialization, ownership, competition and regulation on efficiency: a case study of Indian seaports

Veröffentlichungsdatum
2021
Autoren
Adler, Nicole  
Hirte, Georg  
Kumar, Shravana  
Niemeier, Hans-Martin  
Zusammenfassung
We develop a two-stage formulation to estimate seaport performance and to understand the drivers of efficiency, which could potentially include specialization, ownership, competition and tariff regulation. The first-stage non-parametric, slacks-based measure estimates the technical efficiency of each port. For the second-stage analysis, we develop a set of contextual variables including an absolute measure of specialization and a berth-level measure of ownership structure. To measure competition, we develop spatial measures that quantify the level of competition as a function of distance. We subsequently apply this formulation to major Indian seaports, covering a period of 21 years, from 1995 to 2015. The first-stage results suggest that average seaport efficiency has increased gradually over time. The second-stage fixed effects regressions show that specialization and external stakeholder participation have significant positive impacts on seaport performance. Perhaps surprisingly, we find that, in a tiered governance framework, competition between major seaports and local seaports has a significant negative impact on performance, potentially due to excessive infrastructure. Finally, changes in the regulatory mechanism over time are shown to be efficiency improving.
Verlag
Palgrave Macmillan
Institution
Hochschule Bremen  
Fachbereich
Hochschule Bremen - Fakultät 1: Wirtschaftswissenschaften - School of International Business (SiB)  
Dokumenttyp
Artikel/Aufsatz
Zeitschrift/Sammelwerk
Maritime Economics & Logistics  
Band
24
Heft
3
Startseite
507
Endseite
536
Sprache
Englisch

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