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Shipper economic demand function for cargo port services: A note

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  • Talley, Wayne K.
  • Ng, ManWo

Abstract

An important relationship in cargo handling at cargo ports is the shipper economic demand function for cargo port services, which relates the demand for cargo port services to the prices charged by cargo ports and the cargo demand from shippers at other cargo ports. To our knowledge, such a function has heretofore not been rigorously derived in the maritime economics literature. This note derives a shipper economic demand function for cargo port services to be provided for shipper cargoes while in a cargo port. Using the demand function, it is shown how the price elasticity of demand for port services by users of port services can be derived.

Suggested Citation

  • Talley, Wayne K. & Ng, ManWo, 2023. "Shipper economic demand function for cargo port services: A note," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 170(C).
    • Handle: RePEc:eee:transe:v:170:y:2023:i:c:s1366554522003726
    DOI: 10.1016/j.tre.2022.102995
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    References listed on IDEAS

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    1. Talley, Wayne K. & Ng, ManWo, 2020. "Note: Determinants of cargo port, hinterland cargo transport and port hinterland cargo transport service chain choices by service providers," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 137(C).
    2. Talley, Wayne K. & Ng, ManWo, 2016. "Port multi-service congestion," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 94(C), pages 66-70.
    3. Carlos Pestana Barros, 2016. "Demand analysis in Angola seaports," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(6), pages 676-682, August.
    4. Talley, Wayne K. & Ng, ManWo, 2016. "Port economic cost functions: A service perspective," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 88(C), pages 1-10.
    5. Christopher M Anderson & James J Opaluch & Thomas A Grigalunas, 2009. "The Demand for Import Services at US Container Ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 11(2), pages 156-185, June.
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