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A competitive analysis of port of Hong Kong: from external to internal

Author

Listed:
  • Zihua Liu

    (University of Hong Kong)

  • Dong Yang

    (The Hong Kong Polytechnic University)

  • Y. N. Eppie Ng

    (The Hong Kong Polytechnic University)

Abstract

This paper aims to analyse the competitive equilibrium of Hong Kong international port after the cooperation among terminal operators. To achieve our research objective, a comprehensive analysis framework is proposed. We assume that the port services provided by Shenzhen and Hong Kong have heterogeneity, thus apply Cournot price competition model to understand the external competition. We find that the heterogeneity level can affect the demand of Hong Kong international port. For different heterogeneity levels, different competitive equilibriums among terminal operators of Hong Kong are discussed. We further apply Edgeworth model and Stackelberg Leadership Model to describe the internal competition of Hong Kong international port. Based on analysis, some recommendations are provided to the terminal operators of Hong Kong.

Suggested Citation

  • Zihua Liu & Dong Yang & Y. N. Eppie Ng, 2020. "A competitive analysis of port of Hong Kong: from external to internal," Journal of Shipping and Trade, Springer, vol. 5(1), pages 1-17, December.
    • Handle: RePEc:spr:josatr:v:5:y:2020:i:1:d:10.1186_s41072-020-00062-2
    DOI: 10.1186/s41072-020-00062-2
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    References listed on IDEAS

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    Cited by:

    1. Felipe Lobo Umbelino Souza & Cira Souza Pitombo & Dong Yang, 2021. "Port choice in Brazil: a qualitative research related to in-depth interviews," Journal of Shipping and Trade, Springer, vol. 6(1), pages 1-22, December.

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