Next Article in Journal
The Journal of Risk and Financial Management in Open Access
Previous Article in Journal
Modelling the Effects of Oil Prices on Global Fertilizer Prices and Volatility
Article Menu

Export Article

Open AccessArticle
J. Risk Financial Manag. 2012, 5(1), 115-130; doi:10.3390/jrfm5010115

Technical Efficiency and Port Competition: Revisiting the Bohai Economic Rim, China

1
Department of Maritime Administration, Texas A&M University, Galveston, TX 77553, USA
2
Department of Economics, Texas A&M University, College Station, TX 77843, USA
*
Author to whom correspondence should be addressed.
Published: 31 December 2012
View Full-Text   |   Download PDF [518 KB, uploaded 29 August 2013]   |  

Abstract

The Bohai Economic Rim plays an important role in supporting China’s economic growth. For this research, we selected nine main ports in the region to study whether intra-port competition or corporatization would improve efficiency. Using a panel fixed effect model and stochastic frontier model, we found that the technical efficiency of selected ports is significantly influenced by the time of the initial public offering than by regional competition. The results are supportive and encouraging for policy makers to move toward the decentralized port governance in China. View Full-Text
Keywords: technical efficiency; port performance; IPO; profitability technical efficiency; port performance; IPO; profitability
This is an open access article distributed under the Creative Commons Attribution License (CC BY 3.0).

Scifeed alert for new publications

Never miss any articles matching your research from any publisher
  • Get alerts for new papers matching your research
  • Find out the new papers from selected authors
  • Updated daily for 49'000+ journals and 6000+ publishers
  • Define your Scifeed now

SciFeed Share & Cite This Article

MDPI and ACS Style

Wang, G.; Gao, C. Technical Efficiency and Port Competition: Revisiting the Bohai Economic Rim, China. J. Risk Financial Manag. 2012, 5, 115-130.

Show more citation formats Show less citations formats

Related Articles

Article Metrics

Article Access Statistics

1

Comments

[Return to top]
J. Risk Financial Manag. EISSN 1911-8074 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert
Back to Top