Foreign participation and competition: A way to improve the container port efficiency in China? |
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| Institution: | 1. Department of Decision Sciences and Managerial Economics, Faculty of Business Administration, Chinese University of Hong Kong, Shatin, Hong Kong;2. Sauder School of Business, University of British Columbia, Canada;1. Division of Economics, Center for Research and Teaching of Economics (CIDE), Carretera Mexico Toluca 3655, Col. Lomas de Santa Fe, 01210 Mexico DF, Mexico;2. Infrastructure and Transport Research Group, Dept. Applied Economics, University Las Palmas de Gran Canaria (ULPGC), Campus de Tafira, Modulo D, Despacho 2.20, 35017 Las Palmas de Gran Canaria, Spain;1. Universidade Federal de Alagoas, Department of Economics, Lourival Melo Mota Avenue, Cidade Universitária, Campus A. C. Simões, 57.072-900 Maceió, Alagoas, Brazil;2. Universidade Federal de Pernambuco, Department of Economics, Economistas Avenue, 50.740-590 Recife, Pernambuco, Brazil;1. Infrastructure and Transport Research Group (EIT), Department of Applied Economics, University of Las Palmas de Gran Canaria, Campus Universitario de Tafira, Modulo D, Las Palmas de Gran Canaria 35017, Spain;2. Oviedo Efficiency Group, Department of Economics, University of Oviedo, Avenida del Cristo s/n, Oviedo 33071, Spain |
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| Abstract: | This paper investigates how the involvement of foreign and local ownerships, intra- and inter-port competition and hinterland affect the container terminal efficiency in China and its neighboring countries. The operational efficiency of sample container terminals is estimated by data envelopment analysis, which is followed by regression analysis to examine factors affecting container terminal efficiency. We find that having some Chinese ownership may make a container terminal more efficient, while a container terminal is less efficient with Chinese as the major shareholder. It is also found that intra- and inter-port competition may enhance container terminal efficiency. Finally, the efficiency growth of terminals is examined, and implications for the regional economic disparity in China are discussed. |
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