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Does more competition result in better port performance?

Author

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  • SangHyun Cheon

    (Hongik University)

  • Dong-Wook Song

    (World Maritime University)

  • Sungjin Park

    (Hongik University)

Abstract

This study examines the impact of competitive pressure on port performance. We merge the competitive rivalry literature with the port management literature to explain the inverted U-shaped relationship between competitive pressure and port performance within the increasingly competitive realm of world ports. A newly designed index measures competitive pressure that organizations face based on market commonality and domain overlap. Using data for global hubs and national gateway ports, we find potential diseconomies of excessive competitive pressure on port performance.

Suggested Citation

  • SangHyun Cheon & Dong-Wook Song & Sungjin Park, 2018. "Does more competition result in better port performance?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(3), pages 433-455, September.
    • Handle: RePEc:pal:marecl:v:20:y:2018:i:3:d:10.1057_s41278-017-0066-8
    DOI: 10.1057/s41278-017-0066-8
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    Cited by:

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    3. Gidion, Dickson K. & Hong, Jin & Adams, Magdalene Z.A. & Khoveyni, Mohammad, 2019. "Network DEA models for assessing urban water utility efficiency," Utilities Policy, Elsevier, vol. 57(C), pages 48-58.
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    5. Michael Stein & Michele Acciaro, 2020. "Value Creation through Corporate Sustainability in the Port Sector: A Structured Literature Analysis," Sustainability, MDPI, vol. 12(14), pages 1-17, July.

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