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Causality between performance and traffic: an investigation with Indian ports

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  • Prabir De
  • Buddhadeb Ghosh

Abstract

This paper attempts to find out the causal relationship between port performance and port traffic by using Indian data. The use of cointegration analysis has come out with the result that performance precedes traffic in most of the ports of India. Hence, government policy towards performance augmenting facilities should be given priority so that higher efficiency induces higher traffic

Suggested Citation

  • Prabir De & Buddhadeb Ghosh, 2003. "Causality between performance and traffic: an investigation with Indian ports," Maritime Policy & Management, Taylor & Francis Journals, vol. 30(1), pages 5-27, January.
  • Handle: RePEc:taf:marpmg:v:30:y:2003:i:1:p:5-27
    DOI: 10.1080/0308883032000051603
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    References listed on IDEAS

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    1. Sargan, John Denis & Bhargava, Alok, 1983. "Testing Residuals from Least Squares Regression for Being Generated by the Gaussian Random Walk," Econometrica, Econometric Society, vol. 51(1), pages 153-174, January.
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    4. Buddhadeb Ghosh & Prabir De, 2000. "Impact of Performance Indicators and Labour Endowment on Traffic: Empirical Evidence from Indian Ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 2(4), pages 259-281, December.
    5. Johansen, Soren, 1995. "Likelihood-Based Inference in Cointegrated Vector Autoregressive Models," OUP Catalogue, Oxford University Press, number 9780198774501.
    6. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    7. Pablo Coto-Millan & Jose Banos-Pino & Ana Rodriguez-Alvarez, 2000. "Economic efficiency in Spanish ports: some empirical evidence," Maritime Policy & Management, Taylor & Francis Journals, vol. 27(2), pages 169-174, April.
    8. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    9. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
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    Cited by:

    1. Santiago Herrera & Gaobo Pang, 2008. "Eficiency of Infrastructure: The Case of Container Ports," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 9(1), pages 165-194.
    2. Pallis, Athanasios A., 2007. "Chapter 11 Whither Port Strategy Theory and Practice in Conflict," Research in Transportation Economics, Elsevier, vol. 21(1), pages 343-382, January.
    3. Bichou, Khalid, 2006. "Chapter 24 Review of Port Performance Approaches and a Supply Chain Framework to Port Performance Benchmarking," Research in Transportation Economics, Elsevier, vol. 17(1), pages 567-598, January.
    4. Pallis, Athanasios A. & Syriopoulos, Theodore, 2007. "Port governance models: Financial evaluation of Greek port restructuring," Transport Policy, Elsevier, vol. 14(3), pages 232-246, May.
    5. Jomon Aliyas Paul & Leo MacDonald, 2017. "An empirical analysis of US vessel-related port accidents (2002–2012): Impact of union membership and port efficiency on accident incidence and economic damage," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 19(4), pages 723-748, December.

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