IDEAS home Printed from https://ideas.repec.org/a/eee/retrec/v17y2006i1p437-455.html
   My bibliography  Save this article

Chapter 19 Concession Agreements as Port Governance Tools

Author

Listed:
  • Notteboom, Theo

Abstract

This chapter discusses the role of concessions as a tool in port governance under the landlord port authority model. The specific design of the concession agreement, its regulatory regime, the tariff regime and the way the concession is awarded reveal the priorities of port authorities and government agencies. Through concession policy, port authorities can retain some control on the organization and structure of the supply side of the port market and can encourage port service providers to optimize the use of scarce resources such as land.

Suggested Citation

  • Notteboom, Theo, 2006. "Chapter 19 Concession Agreements as Port Governance Tools," Research in Transportation Economics, Elsevier, vol. 17(1), pages 437-455, January.
  • Handle: RePEc:eee:retrec:v:17:y:2006:i:1:p:437-455
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0739-8859(06)17019-5
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jeffrey Martin & Brian J. Thomas, 2001. "The container terminal community," Maritime Policy & Management, Taylor & Francis Journals, vol. 28(3), pages 279-292, July.
    2. J. Luis Guasch, 2004. "Granting and Renegotiating Infrastructure Concessions : Doing it Right," World Bank Publications - Books, The World Bank Group, number 15024, December.
    3. Henriëtte C Van Niekerk, 2005. "Port Reform and Concessioning in Developing Countries," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 7(2), pages 141-155, June.
    4. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    5. Hart, Oliver D & Moore, John, 1988. "Incomplete Contracts and Renegotiation," Econometrica, Econometric Society, vol. 56(4), pages 755-785, July.
    6. HEAVER, T. & MEERSMAN, Hilde & MOGLIA, F. & VAN DE VOORDE ,Eddy, "undated". "Do mergers and alliances influence European shipping and port competition?," Working Papers 2000001, University of Antwerp, Faculty of Business and Economics.
    7. Cheng Wang, 2000. "Renegotiation-Proof Dynamic Contracts with Private Information," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(3), pages 396-422, July.
    8. Hugh S. Turner, 2000. "Evaluating seaport policy alternatives: a simulation study of terminal leasing policy and system performance," Maritime Policy & Management, Taylor & Francis Journals, vol. 27(3), pages 283-301.
    9. Robert J. Aumann, 2000. "Collected Papers - Vol. 1," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011549, December.
    10. Robert J. Aumann, 2000. "Collected Papers - Vol. 2," MIT Press Books, The MIT Press, edition 2, volume 1, number 0262011557, December.
    11. Theo E. Notteboom, 2002. "Consolidation and contestability in the European container handling industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 29(3), pages 257-269.
    12. Beaudry, Paul & Poitevin, Michel, 1993. "Signalling and Renegotiation in Contractual Relationships," Econometrica, Econometric Society, vol. 61(4), pages 745-782, July.
    13. T. Heaver & H. Meersman & F. Moglia & E. Van De Voorde, 2000. "Do mergers and alliances influence European shipping and port competition?," Maritime Policy & Management, Taylor & Francis Journals, vol. 27(4), pages 363-373.
    14. Heaver, T. & Meersman, H. & Moglia, F. & van de Voorde, E., 2000. "Do Mergers and Alliances Influence European Shipping and Port Competition?," Research Papers 24175, University of Antwerp, Faculty of Applied Economic Sciences.
    15. Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 355-374.
    16. Theo E. Notteboom & Willy Winkelmans, 2001. "Structural changes in logistics: how will port authorities face the challenge?," Maritime Policy & Management, Taylor & Francis Journals, vol. 28(1), pages 71-89, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yip, Tsz Leung & Liu, John Jianhua & Fu, Xiaowen & Feng, Jiejian, 2014. "Modeling the effects of competition on seaport terminal awarding," Transport Policy, Elsevier, vol. 35(C), pages 341-349.
    2. Sphiwe Eugene Mthembu & Mihalis Chasomeris, 2023. "An evaluation of the governance structure of marine services in South Africa’s ports system," Journal of Shipping and Trade, Springer, vol. 8(1), pages 1-22, December.
    3. D. E. Onwuegbuchunam, 2018. "Assessing Port Governance, Devolution and Terminal Performance in Nigeria," Logistics, MDPI, vol. 2(1), pages 1-16, February.
    4. Zhang, Qiang & Zheng, Shiyuan & Geerlings, Harry & El Makhloufi, Abdel, 2019. "Port governance revisited: How to govern and for what purpose?," Transport Policy, Elsevier, vol. 77(C), pages 46-57.
    5. Kum Fai Yuen & Vinh Thai, 2017. "Barriers to supply chain integration in the maritime logistics industry," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 19(3), pages 551-572, August.
    6. Ng, Adolf K.Y. & Ducruet, César & Jacobs, Wouter & Monios, Jason & Notteboom, Theo & Rodrigue, Jean-Paul & Slack, Brian & Tam, Ka-chai & Wilmsmeier, Gordon, 2014. "Port geography at the crossroads with human geography: between flows and spaces," Journal of Transport Geography, Elsevier, vol. 41(C), pages 84-96.
    7. 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.
    8. 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.
    9. Wang, Kun & Zhang, Anming, 2018. "Climate change, natural disasters and adaptation investments: Inter- and intra-port competition and cooperation," Transportation Research Part B: Methodological, Elsevier, vol. 117(PA), pages 158-189.
    10. Theo E. Notteboom & Hercules E. Haralambides, 2020. "Port management and governance in a post-COVID-19 era: quo vadis?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 329-352, September.
    11. Sheng-Che Lin & Hsien-Kuo Chang & Ying-Feng Chung, 2022. "Exploring the Impact of Different Port Governances on Smart Port Development Strategy in Taiwan and Spain," Sustainability, MDPI, vol. 14(15), pages 1-21, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Heaver, Trevor, 2006. "The Evolution and Challenges of Port Economics," Research in Transportation Economics, Elsevier, vol. 16(1), pages 11-41, January.
    2. Cullinane, Kevin & Talley, Wayne K., 2006. "Introduction," Research in Transportation Economics, Elsevier, vol. 16(1), pages 1-10, January.
    3. Roso, Violeta & Woxenius, Johan & Lumsden, Kenth, 2009. "The dry port concept: connecting container seaports with the hinterland," Journal of Transport Geography, Elsevier, vol. 17(5), pages 338-345.
    4. Marion Magnan & Martijn Horst, 2020. "Involvement of port authorities in inland logistics markets: the cases of Rotterdam, Le Havre and Marseille," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(1), pages 102-123, March.
    5. Claudia DURAN & Felisa CORDOVA, 2012. "Conceptual Analysis for the Strategic and Operational Knowledge Man-agement of a Port Community," Informatica Economica, Academy of Economic Studies - Bucharest, Romania, vol. 16(2), pages 35-44.
    6. Cullinane, Kevin, 2004. "7. The Container Shipping Industry And The Impact Of China'S Accession To The Wto," Research in Transportation Economics, Elsevier, vol. 12(1), pages 221-245, January.
    7. Monios, Jason & Wilmsmeier, Gordon, 2012. "Giving a direction to port regionalisation," Transportation Research Part A: Policy and Practice, Elsevier, vol. 46(10), pages 1551-1561.
    8. Alexander M. Goulielmos, 2017. "“Containership Markets”: A Comparison with Bulk Shipping and a Proposed Oligopoly Model," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 67(2), pages 47-68, April-Jun.
    9. Francesco Parola & Giovanni Satta & Simone Caschili, 2014. "Unveiling co-operative networks and 'hidden families' in the container port industry," Maritime Policy & Management, Taylor & Francis Journals, vol. 41(4), pages 384-404, July.
    10. Theys, Christophe & Notteboom, Theo E. & Pallis, Athanasios A. & De Langen, Peter W., 2010. "The economics behind the awarding of terminals in seaports: Towards a research agenda," Research in Transportation Economics, Elsevier, vol. 27(1), pages 37-50.
    11. Francesco Parola & Marcello Risitano & Ilaria Tutore & Marco Ferretti, 2014. "Analyzing maritime economy in Campania," RIEDS - Rivista Italiana di Economia, Demografia e Statistica - The Italian Journal of Economic, Demographic and Statistical Studies, SIEDS Societa' Italiana di Economia Demografia e Statistica, vol. 68(2), pages 59-74, April-Jun.
    12. Monios, Jason & Wilmsmeier, Gordon, 2013. "The role of intermodal transport in port regionalisation," Transport Policy, Elsevier, vol. 30(C), pages 161-172.
    13. Van de Voorde, Eddy E.M., 2005. "What Future the Maritime Sector: Some Considerations on Globalisation, Co-Operation and Market Power," Research in Transportation Economics, Elsevier, vol. 13(1), pages 253-277, January.
    14. Daniele Crotti & Claudio Ferrari & Alessio Tei, 2020. "Merger waves and alliance stability in container shipping," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 446-472, September.
    15. Monios, Jason, 2019. "Polycentric port governance," Transport Policy, Elsevier, vol. 83(C), pages 26-36.
    16. Wilmsmeier, Gordon & Monios, Jason & Lambert, Bruce, 2011. "The directional development of intermodal freight corridors in relation to inland terminals," Journal of Transport Geography, Elsevier, vol. 19(6), pages 1379-1386.
    17. Soppé, Martin & Parola, Francesco & Frémont, Antoine, 2009. "Emerging inter-industry partnerships between shipping lines and stevedores: from rivalry to cooperation?," Journal of Transport Geography, Elsevier, vol. 17(1), pages 10-20.
    18. Ricardo J. Sanchez & Gordon Wilmsmeier, 2011. "Liner Shipping Networks and Market Concentration," Chapters, in: Kevin Cullinane (ed.), International Handbook of Maritime Economics, chapter 9, Edward Elgar Publishing.
    19. Alexandrou, George & Gounopoulos, Dimitrios & Thomas, Hardy M., 2014. "Mergers and acquisitions in shipping," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 61(C), pages 212-234.
    20. Álvarez-SanJaime, Óscar & Cantos-Sánchez, Pedro & Moner-Colonques, Rafael & Sempere-Monerris, José J., 2013. "Competition and horizontal integration in maritime freight transport," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 51(C), pages 67-81.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:retrec:v:17:y:2006:i:1:p:437-455. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620614/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.