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Port Infrastructure: An Access Model for the Essential Facility

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Author Info
Lincoln Flor () (Organismo Supervisor de la Inversión en Infraestructura de Transporte de Uso Público (OSITRAN), Torre del Centro Cívico, Av. Bolivia 144, Piso 19, Lima 1, Perú.)
Enzo Defilippi () (Organismo Supervisor de la Inversión en Infraestructura de Transporte de Uso Público (OSITRAN), Torre del Centro Cívico, Av. Bolivia 144, Piso 19, Lima 1, Perú.)
Abstract

This paper analyses the main consequences for the seaport efficiency of an access regime recently introduced by the Peruvian regulator for the public transportation infrastructure (OSITRAN). Its objective is to make competition viable for services that use, as input, transport infrastructure controlled by a monopolist. It is based on two theoretical contributions, the ‘Coase theorem’ and the ‘Demsetz approach’, and minimises the government intervention risk. Both port operators and providers of port services now have incentives to negotiate conditions of access, which permit competition, or to compete for an exclusivity right when this is desirable. If the parties do not reach an agreement within a reasonable time, the Regulator can enact an access mandate that may punish any of the parties, creating incentives for them to reach a Nash Equilibrium. The model seems to be generating productive and allocative efficiencies in port services, thus contributing to a potential reduction in Peru's maritime transport costs. Maritime Economics & Logistics (2003) 5, 116–132. doi:10.1057/palgrave.mel.9100075

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Article provided by Palgrave Macmillan Journals in its journal Maritime Economics & Logistics.

Volume (Year): 5 (2003)
Issue (Month): 2 (June)
Pages: 116-132
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Handle: RePEc:pal:marecl:v:5:y:2003:i:2:p:116-132

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  1. Jasmine Lam & Wei Yap, 2006. "A measurement and Comparison of Cost Competitiveness of Container Ports in Southeast Asia," Transportation, Springer, vol. 33(6), pages 641-654, November. [Downloadable!] (restricted)
  2. Peter W. De Langen & Athanasios A. Pallis, 2005. "Analysis Of The Benefits Of Intra-Port Competition," Industrial Organization 0510003, EconWPA, revised 17 Oct 2005. [Downloadable!]
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