Competition, Excess Capacity, and the Pricing of Port Infrastructure
The pricing of infrastructure, such as this of commercially competing ports, is one of the most controversial aspects of the global economy of the 21st century. The controversy arises from the need to reconcile the economic development impacts of infrastructure investments with the, under commercial terms, recovery of investment costs. In developed countries and regions, the role of ‘public investment’ is thus re-evaluated, while the concept of ‘competition on infrastructure’ is increasingly challenged by the need to establish a level playing field among competing ports. The paper shows how Marginal Cost Pricing of port infrastructure can be a powerful ‘pricing discipline’ towards achieving cost recovery and fair competition among ports. To succeed in this, the paper advocates for stronger policy intervention in order to ensure greater transparency of port accounting systems, better and more harmonised port statistics, a meaningful set of state aid guidelines, and stricter application of Competition Law in port infrastructure investments.International Journal of Maritime Economics (2002) 4, 323–347. doi: 10.1057/palgrave.ijme.9100053
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 4 (2002)
Issue (Month): 4 (December)
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/ |
|Order Information:|| Postal: Palgrave Macmillan Journals, Subscription Department, Houndmills, Basingstoke, Hampshire RG21 6XS, UK|
Web: http://www.palgrave-journals.com/pal/subscribe/index.html Email:
When requesting a correction, please mention this item's handle: RePEc:pal:marecl:v:4:y:2002:i:4:p:323-347. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Daniel Foley)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.