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The Economic Theory of Container Port Production

In: Container Port Production and Economic Efficiency

Author

Listed:
  • Teng-Fei Wang
  • Kevin Cullinane
  • Dong-Wook Song

Abstract

Understanding the economic theory that underpins container port production is a prerequisite for policy making or taking action in order to improve the performance of a container port. This is not an easy task, however, because of the complexity of container port production. This complexity is not only related to container port operations and their management, but also to the macroeconomic environment and market structure under which container ports operate. This chapter sets out to describe the economic functions of a port and the challenges for contemporary container ports arising from the complicated nature of their operations and the challenging market demands of port users and other market players.

Suggested Citation

  • Teng-Fei Wang & Kevin Cullinane & Dong-Wook Song, 2005. "The Economic Theory of Container Port Production," Palgrave Macmillan Books, in: Container Port Production and Economic Efficiency, chapter 2, pages 13-32, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50597-1_2
    DOI: 10.1057/9780230505971_2
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    Cited by:

    1. Kammoun, Rabeb & Abdennadher, Chokri, 2022. "Seaport efficiency and competitiveness in European seaports," Transport Policy, Elsevier, vol. 121(C), pages 113-124.
    2. Emad S. Aljohani & Benaissa Chidmi, 2024. "Analyzing Technical Efficiency in Cereal Production across Selected European Union Countries," Sustainability, MDPI, vol. 16(2), pages 1-27, January.

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