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Production And Cost Functions And Their Application To The Port Sector
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Book Synopsis Production and Cost Functions and Their Application to the Port Sector by : Lourdes Trujillo
Download or read book Production and Cost Functions and Their Application to the Port Sector written by Lourdes Trujillo and published by World Bank Publications. This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seaports provide multiple services to ships, cargo, and passengers. These services can be performed by a combination of public and private initiatives. Usually, the role of public sector institutions is to regulate and supervise private firms. In performing that task public sector institutions require in-depth knowledge of firms' cost structure. This paper offers a review of the literature about ports' cost structure and of its implications for regulation. The paper argues that the operation of port terminals should be analyzed by means of multiproduct theory. This approach allows the calculation of several cost indicators (economies of scale, scope, and so forth) which are key tools to help regulators. This paper--a product of the Finance and Private Sector Development Division, World Bank Institute--is part of a larger effort in the institute to provide policy-relevant material to infrastructure regulators and policymakers.
Book Synopsis Production and Cost Functions and Their Application to the Port Sector by : Beatriz Tovar
Download or read book Production and Cost Functions and Their Application to the Port Sector written by Beatriz Tovar and published by . This book was released on 2016 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seaports provide multiple services to ships, cargo, and passengers. These services can be performed by a combination of public and private initiatives. Usually, the role of public sector institutions is to regulate and supervise private firms. In performing that task public sector institutions require in-depth knowledge of firms' cost structure. This paper offers a review of the literature about ports' cost structure and of its implications for regulation. The paper argues that the operation of port terminals should be analyzed by means of multiproduct theory. This approach allows the calculation of several cost indicators (economies of scale, scope, and so forth) which are key tools to help regulators.This paper - a product of the Finance and Private Sector Development Division, World Bank Institute - is part of a larger effort in the institute to provide policy-relevant material to infrastructure regulators and policymakers.
Book Synopsis A Multioutput Cost Function for Port Terminals by : Lourdes Trujillo
Download or read book A Multioutput Cost Function for Port Terminals written by Lourdes Trujillo and published by World Bank Publications. This book was released on 2003 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cargo handling in ports is a multioutput activity, as freight can arrive in many forms such as containers, bulk, rolling stock, or noncontainerized general cargo. In this paper Tovar, Jara-Díaz, and Trujillo analyze the operation of port terminals through the estimation of a multioutput cost model that uses monthly data on three firms located at the Las Palmas port in Spain. This permits the calculation of product-specific marginal costs, economies of scale (general and by firm), and economies of scope, which are key tools to help the regulators in their task. This paper--a product of the Infrastructure Vice Presidency--is part of a larger effort in the vice presidency to promote analytical work on the economic analysis of the sector.
Book Synopsis Production and Cost Functions by : Erkin Bairam
Download or read book Production and Cost Functions written by Erkin Bairam and published by Routledge. This book was released on 2018-04-27 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. The objective of this book is to discuss specification and applications of new production, cost and profit functions. It is aimed at specialists in production, economic growth, costs, profits and applied econometrics in particular.
Book Synopsis A Multioutput Cost Function for Port Terminals by : Beatriz Tovar
Download or read book A Multioutput Cost Function for Port Terminals written by Beatriz Tovar and published by . This book was released on 2016 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cargo handling in ports is a multioutput activity, as freight can arrive in many forms such as containers, bulk, rolling stock, or noncontainerized general cargo. In this paper Tovar, Jara-Diacute;az, and Trujillo analyze the operation of port terminals through the estimation of a multioutput cost model that uses monthly data on three firms located at the Las Palmas port in Spain. This permits the calculation of product-specific marginal costs, economies of scale (general and by firm), and economies of scope, which are key tools to help the regulators in their task.This paper - a product of the Infrastructure Vice Presidency - is part of a larger effort in the vice presidency to promote analytical work on the economic analysis of the sector.
Download or read book Port Economics written by Kevin Cullinane and published by Elsevier. This book was released on 2006-06-22 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: A port (or seaport) is a place that provides for the vessel transfer of cargo and passengers to and from waterways and shores. Port economics is concerned with the study of the economics of port services. Users of port services are those that utilize the port as part of the transportation process of moving cargo and passengers to and from origin and destination locations. Users include transportation carrriers such as shipping lines, railroads and trucking firms that perform these movements and shippers and individuals that provide the cargo and themselves as passengers to be transported. Port users demand port services, whereas port service providers such as the port terminal operator supply port services to port users. Port economics and shipping economics comprise the branch of economics known as maritime economics. This volume provides original contributions to the study of port economics: 1) the evolution of port economics; 2) economic theories of the port, port cost functions and port investment; and 3) empirical evidence on the relative efficiency of ports, the impact of ports on international maritime transport costs, the competitiveness of ports and the impact of deregulation on dockworker wages. *Provides original contributions to the study of port economics *Examines the evolution of port economics, economic theories of the port, and emprical evidence on the relative efficiency of ports, the impact of ports on transport costs, and the competitiveness of ports
Book Synopsis Devolution, Port Governance and Port Performance by : Mary R Brooks
Download or read book Devolution, Port Governance and Port Performance written by Mary R Brooks and published by Elsevier. This book was released on 2006-11-13 with total page 701 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between ports and governments has changed profoundly over the past quarter of a century. Many governments have sought to extract themselves from the business of port operations and, in many cases, the provision of port services has devolved to local governments, communities or private management and administration. As such devolution implies a change in governance model, this trend raises questions about consequent performance. This issue examines the changed port management environment, focusing particularly on government policies such as devolution, regulatory reform and newly imposed governance models, all of which have exerted a significant influence over the nature of that changed environment. The issue is structured so as to first explore the devolution and port reform approaches for 14 countries or regions, before examining how ports are governed and what the choice of governance might mean for their performance. Part I introduces the issue, and provides a framework for defining the basic concepts involved in devolution; it paints a picture of the current port environment, its likely future evolution and the expected impact this will have on the functioning of ports. Part II examines the port industry in 14 countries or administrations, and presents the thinking behind any devolution programs that have been implemented. Part III focuses on port governance and devolution generally, and examines governance from both strategic management and economics perspectives, including topics such as governance models, supranational governance and stakeholder conflict. Part IV examines the measurement of port performance and closes by providing conclusions and a future research agenda. This issue will be of interest to port managers, government officials and academics alike. *Examines the relationship between ports and governments with a focus on devolution *Divided into sections that provide an overview, evaluate the port industry, disucss port governance, and suggest new measures of port performance *14 countries or regions are addressed
Book Synopsis Cost and Production Functions by : R.W. Shephard
Download or read book Cost and Production Functions written by R.W. Shephard and published by Springer. This book was released on 2014-10-05 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is the result of an interest in the economic theory of production intermittently pursued during the past three years. Over this period I have received substantial support from the Office of Naval Research, first from a personal service consulting contract directly with the Mathematics Division of the Office of Naval Research and secondly from Project N6 onr-27009 at Princeton Univer sity under the direction of Professor Oskar Morgenstern. Grateful acknowledgement is made to the ·Office of Naval Research for this support and to Professor Morgenstern, in particular, for his interest in the puolication of this research. The responsibility for errors and omissions, how ever, rests entirely upon the author. Professor G. C. Evans has given in terms of a simple total cost function, depending solely upon output rate, a treatment of certain aspects of the economic theory of production which has inherent generality and convenience of formulation. The classical approach of expressing the technology of production by means of a production function is potentially less restrictive than the use of a simple total cost function, but it has not been applied in a more general form other than to derive the familiar conditions between marginal productivities of the factors of produc tion and their market prices.
Book Synopsis Port Operations, Planning and Logistics by : Khalid Bichou
Download or read book Port Operations, Planning and Logistics written by Khalid Bichou and published by CRC Press. This book was released on 2014-04-16 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Port Operations, Planning and Logistics offers detailed analysis of world port systems by applying both theoretical and practical (managerial) approaches to port operations, management and policy. The author draws from a rare combination of extensive cross-management professional experience and established multidisciplinary academic expertise to provide a structured publication that cuts across different research fields; economics, engineering, operations, technology, management, strategy and policy. The book explores various port topics including ICT and technology applications, investment and financing, pricing and asset management, contracts regulations, safety security and environmental management. Each is supported with case studies and practical examples of the latest developments in the field.
Book Synopsis Container Shipping Services and Their Impact on Container Port Competitiveness by : Wei Yim Yap
Download or read book Container Shipping Services and Their Impact on Container Port Competitiveness written by Wei Yim Yap and published by ASP / VUBPRESS / UPA. This book was released on 2009 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introducing a new methodology for measuring competitiveness in shipping ports, this analysis provides policy makers, industry practitioners, and academics with a pragmatic approach to the peculiarities of large ports around the world. Using quantitative measures as well as holistic and cultural considerations, the manual describes the general workings of the container port and shipping industry and provides in-depth case studies of ports in Southeast Asia, the Pearl River Delta, the Yangtze River Delta, and Northwest Europe.
Book Synopsis Credit Reporting and Financing Constraints by : Inessa Love
Download or read book Credit Reporting and Financing Constraints written by Inessa Love and published by World Bank Publications. This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Port Economics by : Pablo Coto-Millán
Download or read book Essays on Port Economics written by Pablo Coto-Millán and published by Springer Science & Business Media. This book was released on 2010-07-23 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to offer a comprehensive overview of the economics of ports for scientists, students and professionals. The text is divided into five self-contained parts: the first chapter defines the demand for port services using an econometric approach. The second part analyzes the provision of port services using the production, cost, investment and profit functions of various ports. The third part combines the two previous parts in order to propound a general equilibrium approach. The fourth part looks at regulation, efficiency and the existence of ports as natural monopolies. Finally, the fifth part uses Cost Benefit Analysis for an economic evaluation of the feasibility of building new ports or enlarging existing ones.
Book Synopsis International Maritime Transport Costs by : Gordon Wilmsmeier
Download or read book International Maritime Transport Costs written by Gordon Wilmsmeier and published by Routledge. This book was released on 2016-04-22 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on in-depth empirical research, this book develops our understanding of maritime transport costs, the maritime industry and the competitiveness of regions in a global market environment through a geographical lens. Further, the book uses a unique set of data that gives an extensive insight into Latin American international maritime transport costs and its determinants. This is a clear call for policy makers and port authorities to strengthen transnational cooperation in order to improve the development of the whole system of maritime transport, focusing on the causes that put regions at risk of becoming peripheral and uncompetitive.
Book Synopsis Fiscal Federalism and Regional Growth by : Raj M. Desai
Download or read book Fiscal Federalism and Regional Growth written by Raj M. Desai and published by . This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost and Production Functions by : Ronald William Shephard
Download or read book Cost and Production Functions written by Ronald William Shephard and published by Springer. This book was released on 1981 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Reforms, Market Access and Poverty in Argentina by : Guido G. Porto
Download or read book Trade Reforms, Market Access and Poverty in Argentina written by Guido G. Porto and published by World Bank Publications. This book was released on 2003 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the literature that studies the relationship between trade and poverty in developing countries focuses on the effects of national trade reforms, such as own tariff reductions. In contrast, the World Trade Organization negotiations at the Doha Round were more concerned with the poverty effects on low-income countries, and of foreign reforms, such as the elimination of agricultural subsidies in industrial economies. The author empirically compares the relative poverty impacts of national and foreign trade reforms in Argentina. The author investigates national trade reforms, including tariff cuts on consumption goods and capital goods in Argentina. Foreign trade reforms include the elimination, in industrial countries, of agricultural subsidies and trade barriers on agricultural manufactures and industrial manufactures. These policies enhance the market access of Argentine exports. Overall, a combination of own reforms and enhanced market access would cause poverty to decline by between 1.7 and 4.6 percentage points. This evidence suggests that trade policies can be important poverty-reducing instruments in Argentina.
Book Synopsis Port Economics by : Jan Owen Jansson
Download or read book Port Economics written by Jan Owen Jansson and published by MIT Press. This book was released on 1982 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study applies modern economic principles to the operations of modern port facilities, ranging from new ports in the planning stages for developing nations to established American and European ports retrofitted to handle container cargos and larger vessels. It investigates all the links in the chain of port services - the transfer of goods between land and sea transportation - and offers recommendations for strengthening the weaker links. Port Economics covers the historical development of port organization and technology, production measures, short- and long-term cost functions, pricing, and investment. The capital input by the port authorities and the labor input by the cargo-handling companies are discussed, and the authors consider the utility of merging port and stevedoring charges. Queuing processes are adjusted to fit the special circumstances of port traffic, allowing for the measurement of such variables as throughput and congestion costs. The theory developed for individual ports is extended to national port systems over time. Throughout the book, elements of the theory are tested empirically against data from ports in the United States, Europe, the Middle East, and Africa. The final chapter is a large-scale case-study of the Nigerian port system, which serves to test the whole of the authors' economic theory, including such concepts developed in the later chapters as dynamic port system investment and optimal port charges. Jan Owen Jansson is Chief Economist of the Swedish National Road and Traffic Research Institute. Dan Shneerson is Senior Lecturer in Economics at the University of Haifa. Their book is the eighth in MIT Press Transportation Studies Series, edited by Marvin L. Manheim.
