Multioutput analysis of cargo handling firms: An application to a Spanish port |
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Authors: | Email author" target="_blank">Sergio?Jara-DíazEmail author Beatriz?Tovar De La Fé Lourdes?Trujillo |
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Institution: | (1) Universidad de Chile, Universidad de Ingeniera Civil, Fac. de Ciencias Fisicas Y Matematicas, Santiago, Chile, Casilla 228-3;(2) Universidad de Las Palmas de Gran Canaria, Spain |
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Abstract: | Cargo handling in ports is a multioutput activity, as freight can arrive in many forms such as containers, bulk, rolling stock, or non-containerised general cargo. In this paper, the operation of cargo handling firms in a Spanish port is analysed through the estimation of a multioutput cost model that uses monthly data on three representative firms located at the Las Palmas port. This permits the calculation of product specific marginal costs, economies of scale (general and by firm) and economies of scope, which help identifying optimal pricing policies and the potential cost advantages of increasing production. |
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Keywords: | cargo handling economies of scale and scope multiproduct port terminals regulation |
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