Competition dynamics between container ports in East Asia
This paper unveils the competitive dynamics between the major container ports in East Asia by analyzing their extent and intensity. Time series data, with the longest series dating back to 1970 ending 2001, on container throughput for the ports of Hong Kong, Kaohsiung, Keelung, Kobe, Nagoya, Osaka,...
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| Veröffentlicht in: | Transportation research. Part A, Policy and practice Policy and practice, 2006, Vol.40 (1), p.35-51 |
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| container_title | Transportation research. Part A, Policy and practice |
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| creator | Yap, Wei Yim Lam, Jasmine S.L. |
| description | This paper unveils the competitive dynamics between the major container ports in East Asia by analyzing their extent and intensity. Time series data, with the longest series dating back to 1970 ending 2001, on container throughput for the ports of Hong Kong, Kaohsiung, Keelung, Kobe, Nagoya, Osaka, Pusan, Taichung, Tokyo and Yokohama are computed. Cointegration tests are employed to determine the existence of long run relationship between various port pairs. Error correction models are constructed to determine short run inter-port dynamics. The results reveal that Hong Kong and Pusan are beneficiaries from inter-port competition in the region for the past three decades. The study suggests that inter-port competition in the region would intensify in the future as the centre of gravity of cargo volume shifts to mainland China. Moreover, concentration of services by shipping lines at the primary load centers might lead to intense competition between the primary load centers and ports located in close proximity that share their hinterlands. |
| doi_str_mv | 10.1016/j.tra.2005.03.001 |
| format | Article |
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Time series data, with the longest series dating back to 1970 ending 2001, on container throughput for the ports of Hong Kong, Kaohsiung, Keelung, Kobe, Nagoya, Osaka, Pusan, Taichung, Tokyo and Yokohama are computed. Cointegration tests are employed to determine the existence of long run relationship between various port pairs. Error correction models are constructed to determine short run inter-port dynamics. The results reveal that Hong Kong and Pusan are beneficiaries from inter-port competition in the region for the past three decades. The study suggests that inter-port competition in the region would intensify in the future as the centre of gravity of cargo volume shifts to mainland China. 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Moreover, concentration of services by shipping lines at the primary load centers might lead to intense competition between the primary load centers and ports located in close proximity that share their hinterlands.</description><subject>Applied sciences</subject><subject>Buildings. Public works</subject><subject>China</subject><subject>Cointegration test</subject><subject>Container throughput</subject><subject>East Asia</subject><subject>Error correction model</subject><subject>Exact sciences and technology</subject><subject>Ground, air and sea transportation, marine construction</subject><subject>Hydraulic constructions</subject><subject>Inter-port competition</subject><subject>Marine and water way transportation and traffic</subject><subject>Port facilities and coastal structures. 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Lighthouses and beacons</topic><topic>Transportation planning, management and economics</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Yap, Wei Yim</creatorcontrib><creatorcontrib>Lam, Jasmine S.L.</creatorcontrib><collection>Pascal-Francis</collection><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>Technology Research Database</collection><collection>Engineering Research Database</collection><collection>Civil Engineering Abstracts</collection><jtitle>Transportation research. Part A, Policy and practice</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Yap, Wei Yim</au><au>Lam, Jasmine S.L.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Competition dynamics between container ports in East Asia</atitle><jtitle>Transportation research. 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| fulltext | fulltext |
| identifier | ISSN: 0965-8564 |
| ispartof | Transportation research. Part A, Policy and practice, 2006, Vol.40 (1), p.35-51 |
| issn | 0965-8564 1879-2375 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_29214259 |
| source | RePEc; Elsevier ScienceDirect Journals |
| subjects | Applied sciences Buildings. Public works China Cointegration test Container throughput East Asia Error correction model Exact sciences and technology Ground, air and sea transportation, marine construction Hydraulic constructions Inter-port competition Marine and water way transportation and traffic Port facilities and coastal structures. Lighthouses and beacons Transportation planning, management and economics |
| title | Competition dynamics between container ports in East Asia |
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