Citation link:
Publisher DOI: https://doi.org/10.1057/s41278-021-00200-y
https://media.suub.uni-bremen.de/handle/elib/7327
Publisher DOI: https://doi.org/10.1057/s41278-021-00200-y

The impact of specialization, ownership, competition and regulation on efficiency: a case study of Indian seaports
Authors: | Adler, Nicole Hirte, Georg ![]() Kumar, Shravana Niemeier, Hans-Martin |
Abstract: | 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. |
Issue Date: | 2021 | Publisher: | Palgrave Macmillan | Journal/Edited collection: | Maritime Economics & Logistics | Issue: | 3 | Start page: | 507 | End page: | 536 | Volume: | 24 | Type: | Artikel/Aufsatz | ISSN: | 1479-2931 | Institution: | Hochschule Bremen | Faculty: | Hochschule Bremen - Fakultät 1: Wirtschaftswissenschaften - School of International Business (SiB) |
Appears in Collections: | Bibliographie HS Bremen |
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