IDEAS home Printed from https://ideas.repec.org/a/taf/marpmg/v42y2015i8p729-745.html
   My bibliography  Save this article

Evolving competition between Hong Kong and Shenzhen ports

Author

Listed:
  • Xin Tian
  • Liming Liu
  • Shouyang Wang

Abstract

Shenzhen Port (SZP), once a negligible local port, has risen dramatically to a world-leading container port and an "equal" player with Hong Kong Port (HKP). Will this market share reallocation continue, or will equilibrium be eventually realized for HKP to prosper continuously? We examine the relationship between these two ports to answer this question. We propose a new transformation method to describe the growth of container cargo transport demand, define the quantitative measures of the competition relationship and port competitiveness, and present a rigorous analytical framework with econometric tests and models to understand the true relationship between HKP and SZP. Direct empirical tests suggest that SZP complements HKP; however, the two ports exhibit strong competition when the effect of demand growth is excluded. Considering transshipment separately, we find that the impact of SZP on HKP is negative in transshipment but complementary in direct shipment. We may conclude that HKP does not affect SZP, whereas SZP has competitive power over HKP. These results are consistent with the findings of some previous theoretical studies.

Suggested Citation

  • Xin Tian & Liming Liu & Shouyang Wang, 2015. "Evolving competition between Hong Kong and Shenzhen ports," Maritime Policy & Management, Taylor & Francis Journals, vol. 42(8), pages 729-745, November.
    • Handle: RePEc:taf:marpmg:v:42:y:2015:i:8:p:729-745
    DOI: 10.1080/03088839.2015.1029553
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/03088839.2015.1029553
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/03088839.2015.1029553?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zheng, Shiyuan & Luo, Meifeng, 2021. "Competition or cooperation? Ports’ strategies and welfare analysis facing shipping alliances," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 153(C).
    2. Shiyuan Zheng & Rudy R. Negenborn, 2017. "Terminal investment timing decisions in a competitive setting with uncertainty using a real option approach," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(3), pages 392-411, April.
    3. Shi, Jia & Jiao, Yuquan & Chen, Jihong & Ye, Jun & Gong, Jianwei, 2023. "A study on the evolution of competition pattern of inland container ports along the Yangtze River in China," Journal of Transport Geography, Elsevier, vol. 109(C).
    4. Luo, Meifeng & Chen, Fuying & Zhang, Jiantong, 2022. "Relationships among port competition, cooperation and competitiveness: A literature review," Transport Policy, Elsevier, vol. 118(C), pages 1-9.
    5. Dong, Gang & Huang, Rongbing, 2022. "Inter-port price competition in a multi-port gateway region," Research in Transportation Economics, Elsevier, vol. 94(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:marpmg:v:42:y:2015:i:8:p:729-745. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TMPM20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.