Productivity changes in Taiwan's port industry incorporating environmental regulations on harbor water quality

Abstract

This paper evaluates the productivity changes in Taiwan's port industry for the period 2003–2007. Based on a ‘three-year-window’ data envelopment analysis method, Luenberger productivity indicators are employed to estimate the productivity changes that account for the success of attempts by port agents to control harbor water quality. This is one of the typical environmental concerns in port operations that prior studies on port productivity changes over time have not considered. The results show that the productivity of Taiwan's port industry has experienced growth over the study period, regardless of whether water quality has been considered or not. At a disaggregated level, however, if a port agent has succeeded in controlling water quality, but we do not consider it, the results will misclassify the agent by understating the port's productivity.     

What Happened to the National Road Carrier in a Post‐Communist Country? The Case of Poland's State Road Transport

Abstract

The purpose of this article is to seek to reconstruct the ownership transformation involving Poland's State Road Transport (PKS) companies passed through after 1990. Data collected from various sources (above all the Internet) were used to establish the degree of advancement of the transformation processes. Despite the passage of 18 years since the new economic reforms were launched, privatization processes are not well advanced. State ownership remains dominant, in the form of Treasury companies as well as state‐owned enterprises. Privatization processes have encompassed fewer than half of all firms, the most popular form taken (in about a quarter of all analysed cases) involving leasing by workers. This would seem of major interest, attesting as it does to the greater activity of some worker's teams, as well as the passive role of the state in privatization processes. A much smaller number of firms (26) have been purchased by external investors, the only important international concern among these being Veolia, which had taken control of 11 PKS companies as of mid‐2006. By and large, it is the firms carrying passengers or passenger and goods that are in a much better situation, as opposed to the companies that are commodity‐carriers only. The majority of the latter have collapsed, or have undergone the kind of privatization that involves simultaneous shutdown. Mixed passenger and goods carriers have had to reduce their level of activity in commodity transport.     

Book Review: Airline Marketing and Management

Abstract

Public transport policy in the Madrid Metropolitan Area is often deemed as a success. In 1985, an important reform was carried out in order to create a new administrative authority to coordinate all public transport modes and establish a single fare for all of them. This reform prompted a huge growth in public transport usage, even though it reduced the funding coverage ratio of the transport system. Since then, Madrid’s public transport system has been undergoing an increasing level of subsidization, which might jeopardize the financial viability of the city public transport system in the future. In this paper, we present a detailed analysis of the evolution of the public transport funding policy in Madrid in recent years. We found that the increasing level of subsidy can hardly be explained on the basis of equity issues. Moreover, we claim that there is still room for a funding policy that makes the efficiency of the system compatible with its financial sustainability.     

A canonical correlation analysis of carrier financial strategy: The case of airline deregulation

This study investigates U.S. airline managements' perception of deregulation's impact upon the industry's financial risk by analyzing the airlines' risk management behavior. Specifically, canonical correlation analysis is utilized to ascertain key asset-liability/equity interrelationships and to identify changes in airline risk management as indicated by changes in financial structure. A control sample of nonregulated firms in various service industries is used to separate the effects of general economic conditions from those of deregulation. The results indicate that the airline industry adjusted its financial structure to reduce the industry's exposure to risk as the industry became deregulated. The industry decreased its financial leverage through greater use of equity vis-à-vis debt to finance its long-term assets while simultaneously increasing its liquidity. Definitive conclusions concerning the industry's perception of financial risk after deregulation had been in place a few years are precluded by two external events which occurred in 1978—the requirement that leases be capitalized on the balance sheet and the rapid fuel price increases spurred by the Iran-Iraq war. However, the results clearly show the industry perceived greater financial risk during the early years of de facto CAB deregulation.     

Urban public transport in Australia

Urban public transport in Australia has been the responsibility of State governments. The National government has indicated that it wishes to assume some financial responsibilities for capital programmes, but not for funding of operational deficits. This paper is a review of the problems of the urban public transport industry. Economic, social and financial issues are examined in the context of these changing governmental responsibilities.     

Financing public transport systems in Kuala Lumpur,Malaysia: challenges and prospects

Most major cities across the world today are facing an intractable challenge of financing public transport. In Kuala Lumpur for example, public transport services are somewhat poor in part because of the failure of major operators to secure ample funding. Previous funding programs implemented in the city have failed to produce a replicable model for financing public transport. Due to numerous financial problems and the dismal performance of privately owned transport firms, the State has in the recent past emerged as a key source of funding for the public transport sector in Kuala Lumpur. This article argues that, despite the insuperable challenges, prospects for the future funding of public transport in Kuala Lumpur appears to be good. The article also draws lessons from both Tokyo and Hong Kong. In order to address the funding deficit facing the public transport industry in the city it is crucial that more viable strategies and policies such as value capture and public–private sector partnerships are adopted by the urban authorities.

Retrospect and prospect of public transit privatization in China

As the most populous country in the world with a heavy reliance on public transit, China's public transit privatization has a global significance. China's post‐Mao economic reform and establishment of market‐oriented economy have stimulated its public transit privatization at a very fast pace. The largest Chinese cities have been spearheading the implementation of different privatization measures, such as granting franchises, company merger, company reorganization, public/private partnership, responsibility systems, and many others. All these privatization efforts have yielded preliminary successful results, even though some obstacles are encountered. In the future, new privatization‐related laws are expected to be enacted, government functions and business functions would be further separated, privatizing other public transit services besides operation would take place, and some negative impacts associated with privatization would be mitigated.     

Acquisition,efficiency and scale economies: An analysis of the British bus industry

The British Bus industry has undergone considerable transformation since privatization. Five major operators have emerged to dominate the market, a position almost exclusively attained through acquisition. This paper reviews the economies of scale argument commonly cited for this change and gives an overview of the acquisition process. It questions whether this argument gives a complete explanation for this industry development. For 58 individual companies, the level of technical efficiency attributable to firms operating at or near the optimum level of output is examined over 5 years to determine if mergers in practice have resulted in scale economies. Technical efficiency is estimated using data envelopment analysis, under assumptions of constant and variable returns to scale. Efficiency scores are then regressed on a time trend and a merger dummy to test whether acquired firms' efficiency has significantly improved above the average. It was found that over the period, efficiency had improved. This improvement, however, cannot be wholly attributed to the achievement of economies of scale. More specifically, there has been an improvement in the internal efficiency of acquired firms and some scale economies within group companies, the latter of which may have resulted from the eradication of competition.     

Incorporating e-Technology to Advantage in a Greener Taxi Industry and its Impact on Driving Performance and Safety

Abstract

New technologies, especially advances in telecommunications, have had profound impacts on everyday life and brought even greater changes to some business models. Taxis represent one of the major modes of transportation in urban areas but they face a number of problems, including their environmental impacts. The status of the taxi industry in Taiwan is revealed and analyzed in this study. A new business model for the extensive and popular use of smart phones is proposed. However, it is important to know whether their use is both effective and safe. Two field experiments were executed to examine the effects on taxi drivers of using a navigation system installed in a GPS PDA phone. The results revealed that the efficiency of drivers using such a portable navigation system was better than those relying on paper maps in unfamiliar urban areas. Furthermore, performance in terms of safety was also better than those who used an on-board navigation system. In summary, incorporating e-technology can promote a taxi company's competitiveness and a driver's performance and safety as well as offer environmental benefits.     

Further developments in the pricing of local public transport

Abstract

This short paper supplements and updates the writer's Recent Developments in the Pricing of Local Public Transport Services, Transport Reviews, 1 (2), pp. 127–150 (1981). That paper described the situation as at 1980 in Britain, with some examples from other countries. This paper updates the position with regard to four main issues:

(a) Impact of the Transport Act 1980 in Britain, which has virtually removed fares control from stage carriage services, and removed all price and quantity control from express services by road.

(b) Further development of zonal pricing, travelcards and off‐bus fare collection on urban systems, and the effects of price reductions (and subsequent increases) in London, West Midlands, and Merseyside.

(c) Problems concerning the legality of financial support for fares policies in British cities.

(d) Following a presentation of work arising from the earlier paper at the meeting of the Transportation Research Board in Washington, D.C. in January 1983, the contrast between British and American policy is reviewed, with the writer's personal view on current policy there.

In addition, evidence on certain other points in the text is updated.     

Competition in the UK passenger railway industry: Prospects and problems

The promotion of competition between passenger train operators was a key aim of the 1992- 97 Conservative Government when it privatized British Rail. Although the potential for competition in the market was constrained through regulation at the time of the sale, competition for the market became intense. Regulatory controls are now being relaxed and the promotion of competition remains central to the present Labour Government's rail strategy, particularly in the form of a redefined and reinvigorated franchising programme. It seems to be generally accepted in policy-making circles that it is both possible and desirable to encourage competition in the UK's railway industry on the grounds that it can further enhance service quality across the network. This paper highlights some qualifications to this position and suggests that, for various reasons, a strong policy emphasis on market liberalization may be impractical or unsuitable, at least in the short to medium term.     

Developing intermodal transport for small flows over short distances

Intermodal road-rail freight transport works best within markets with relatively large flows occurring over long distances, which corresponds poorly to the current demand for transport in the European Union. The purpose of this paper is to compare the capabilities of conventional European intermodal transport, with special reference to the competitiveness in markets with small flows over short distances, and to explore innovative concepts. Using a technological systems approach, key functions are identified as being the inducement and blocking mechanisms that affect the development and diffusion path of this 'small flows over short distances' (SFSD) system, providing a tool for empirical delineation of the system. These concepts are illustrated and analysed through a case study of the Swedish development project Light-combi. The results show that market and financial uncertainties, insufficient network connectivity and policies favouring the existing technology paradigm, severely hamper the development and diffusion of SFSD systems.     

The effect of railway privatization on train planning: A case study of the UK

The restructuring of the UK railway industry in preparation for privatization led to major changes being made to train planning processes. Subsequent train planning problems, some of which became very public, suggest that something went seriously wrong during the development or implementation of these revised processes. This paper investigates what went wrong and why, finding that several factors were involved, including the objectives the new processes were expected to meet and the software that was being developed to support the new processes. There are clear lessons to be learnt from the UK experience to inform debate on future railway restructuring initiatives.     

Transport state enterprises: the Canadian experience

Abstract

In most economies, the ownership and control of state enterprises has been an important government policy instrument. This has been particularly true in the transportation sector in which governments have intervened extensively through the acquisition and creation of state enterprises. While the genesis of and rationale for transportation state enterprises have varied from country to country and even from time to time within each country, at present, most governments do exercise a significant degree of ownership and control in transportation. Some of these enterprises enjoy monopoly status and others are in competition with and behave similarly to their private sector counterparts.

Consequently, and in recent years, questions have been raised about government intervention in the market‐place as it relates to effective management control and accountability of state enterprises. Questions have also been raised about the continuing need for transportation state enterprises and some governments have promoted some form of divestiture (privatization).

This paper addresses the accountability and control of transportation state enterprises based on the Canadian experience. It discusses their role and policies related to diversification, financing and divestiture, and the need for development of a performance framework.     

A queuing model analysis of the performance of the Hong Kong container terminals

The growth of container‐handling industry and its impact on Hong Kong's economy have aroused considerable attention in recent decades. Within the recent twenty years, the rapid growth of container‐handling industry has led Hong Kong to become one of the world's busiest container port with over 11 million T.E.U. s (Twenty Feet Equivalent Units) container throughput in one year period. Also the container throughput is expected to reach 15.5 million T.E.U. s by year 2004.

As the success of container‐handling industry is significant, many studies have been conducted relating to this subject. In this paper, an application of a queuing theory model to Kwai Chung Container Terminals is developed and described. Specifically, we consider seasonal changes at the Terminals and focus on their effects on inter‐arrival time and service time of container vessel.

A crucial component of the study relates to the empirical data collected. Besides verifying the validity of the model, those data provide guidelines for developing schemes to manage the seasonal fluctuation of container throughput of the Terminals.     

A GIS‐based traffic analysis zone design: implementation and evaluation

The purpose of this paper is to implement an efficient method for GIS‐based traffic analysis zone (TAZ) design in order to evaluate and validate such a method. The method was developed by the authors.

Moran's I spatial autocorrelation coefficient and sample variance are used for evaluating the generated TAZs using the Champaign‐Urbana, IL region as a case study. Sensitivity analysis is also conducted to explore the fluctuations in TAZ generation outcomes. The evaluation, the validation as well as the TAZ design have been implemented with ARC/INFO GIS software on a UNIX workstation platform.     

New operating concepts for intermodal transport: The mega hub in Hanover/Lehrte in Germany

In intermodal logistics, combined transport operators and railway companies are engaged in the development of efficient block train concepts. The proportion of transport using single railway wagons is decreasing because of its poor time-quality ratio. In future, transport services will be focussed on industrial zones and large cities that offer the transport volumes required for direct train operation. In this regard, it will become more difficult for regions with smaller load volumes to be integrated into a combined transport network. In order to confront this trend, new concepts for bundling transport volumes have to be developed. One such concept is the 'mega hub'. The core idea is to interchange load units between several block trains during a short stop at an intermodal terminal. The paper provides an overview of the operating concept of the mega hub and the opportunities for intermodal transport operators.     

Restructuring the Lebanese Railway and Public Transport Authority (RPTA): From losing operator to effective regulator

The Lebanese Council of Ministers has recently endorsed a plan for the reform and organization of the Land Public Transport Sector (LPTS). The plan implies a new role for the government: it would cease being just a loss-making service provider and become the planner and regulator of the sector under a new strategy. The strategy would aim at creating the enabling environment and conditions that allow and ensure the existence of sufficient, affordable and efficient transport services provided by several private-sector operators functioning under competitive conditions. Thus, the existing autonomous Railway and Public Transport Authority (RPTA) will be restructured to serve as the effective regulator, its bus operations will be corporatized (for possible eventual privatization), and all existing private sector service providers will be regulated. Following a brief overview of the problems of the sector and the components of the reform and organization plan, this paper focuses on developing options for the restructuring of the RPTA to carry out its new role.