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Chapter 10 Port Governance and Privatization in the United States: Public Ownership and Private Operation

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  • Fawcett, James A.

Abstract

Owing to its history as a nation fashioned from a federation of relatively autonomous states, port governance in the United States is largely in the hands of those 50 states rather than the federal government. Evolving from accustomed private ownership in the 18th and 19th centuries, seaports in the US are now commonly owned by public agencies, governed by public boards and yet often operated by tenants who are lessees of those agencies. The following discussion unravels the complex ties of governance and privatization in US seaports.

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  • Fawcett, James A., 2006. "Chapter 10 Port Governance and Privatization in the United States: Public Ownership and Private Operation," Research in Transportation Economics, Elsevier, vol. 17(1), pages 207-235, January.
    • Handle: RePEc:eee:retrec:v:17:y:2006:i:1:p:207-235
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    References listed on IDEAS

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    1. David Newman & Jay H. Walder, 2003. "Federal ports policy," Maritime Policy & Management, Taylor & Francis Journals, vol. 30(2), pages 151-163, January.
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    Cited by:

    1. José I. Castillo-Manzano & Juan P. Asencio-Flores, 2012. "Competition Between New Port Governance Models on the Iberian Peninsula," Transport Reviews, Taylor & Francis Journals, vol. 32(4), pages 519-537, January.
    2. María del Mar Cerbán Jiménez & Juan Ortí Llatas, 2015. "Infraestructuras Portuarias. Análisis del sistema Portuario Espanol Contexto Internacional y propuestas de reforma," Studies on the Spanish Economy eee2015-20, FEDEA.
    3. Han, Wenqing & Liu, Shi-Miin & Chen, Hsiao-Chi, 2020. "Optimal concession contracts for landlord port authorities under incomplete information," Transport Policy, Elsevier, vol. 96(C), pages 113-127.
    4. Zhang, Jihua, 2016. "Quasi-landlord port financing in China: Features, practice and a contract theory analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 89(C), pages 73-88.
    5. Zhang, Qiang & Geerlings, Harry & El Makhloufi, Abdel & Chen, Shun, 2018. "Who governs and what is governed in port governance: A review study," Transport Policy, Elsevier, vol. 64(C), pages 51-60.
    6. Yang, Rui-feng & Hu, Rong & Xiao, Yi-bin & Deng, Xia & Wang, Kun, 2022. "Seaport's investment under disaster information asymmetry between public and private operators," Transport Policy, Elsevier, vol. 119(C), pages 89-112.

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