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Is the container liner shipping industry an oligopoly?

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  • Sys, Christa

Abstract

This paper focuses on the question whether or not the container liner shipping industry is an oligopoly. Although liner shipping literature has been occupied with this question, few authors have examined the market structure of the containerised liner shipping industry. The study of the market form at trade level fills in a gap in the literature. The empirical investigation uses concentration ratios to measure the degree of concentration. The results allow us to determine the degree and type of oligopoly. The conclusion shows that the containerised shipping industry is characterised by increased concentration. Some trade lanes may be characterised as a loose oligopoly; others as a tight oligopoly.

Suggested Citation

  • Sys, Christa, 2009. "Is the container liner shipping industry an oligopoly?," Transport Policy, Elsevier, vol. 16(5), pages 259-270, September.
    • Handle: RePEc:eee:trapol:v:16:y:2009:i:5:p:259-270
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    References listed on IDEAS

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    1. Bikker, Jacob A. & Haaf, Katharina, 2002. "Competition, concentration and their relationship: An empirical analysis of the banking industry," Journal of Banking & Finance, Elsevier, vol. 26(11), pages 2191-2214, November.
    2. Luis Gutiérrez de Rozas, 2007. "Testing for competition in the Spanish banking industry: The Panzar-Rosse approach revisited," Working Papers 0726, Banco de España.
    3. Notteboom Theo E., 2004. "Container Shipping And Ports: An Overview," Review of Network Economics, De Gruyter, vol. 3(2), pages 1-21, June.
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