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Testing port choice models using physical and monetary data: a comparative case study for the Spanish container trades

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  • S. Veldman
  • L. Garcia-Alonso
  • M. Liu

Abstract

Transport costs are useful explanatory variables in port choice research. Nevertheless, the availability of such information usually poses a problem. Thus, the formulation of an alternative approach, to be used as a proxy of these variables, would be desirable. The objective of this study is to improve the analysis of container port choice using logit models by adopting physical non-monetary indicators based on maritime distance and ship size. The statistical tests of logit models on port choice using these new variables are compared with the result of using cost variables for the same data set of choice positions. The statistical outcome is good and allows us to present this new approach as a contribution to the literature on port choice modeling.

Suggested Citation

  • S. Veldman & L. Garcia-Alonso & M. Liu, 2016. "Testing port choice models using physical and monetary data: a comparative case study for the Spanish container trades," Maritime Policy & Management, Taylor & Francis Journals, vol. 43(4), pages 495-508, May.
  • Handle: RePEc:taf:marpmg:v:43:y:2016:i:4:p:495-508
    DOI: 10.1080/03088839.2015.1099754
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    References listed on IDEAS

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    Cited by:

    1. Cemalettin Öztürk & F. Zeynep Sargut & M. Arslan Örnek & Deniz Türsel Eliiyi, 2017. "Optimisation and heuristic approaches for assigning inbound containers to outbound carriers," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(7), pages 825-836, October.
    2. Shiyuan Zheng & Rudy R. Negenborn, 2017. "Terminal investment timing decisions in a competitive setting with uncertainty using a real option approach," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(3), pages 392-411, April.
    3. Liquan Guo & Zhongzhen Yang, 2018. "Evaluation of foreign trade transport accessibility for Mainland China," Maritime Policy & Management, Taylor & Francis Journals, vol. 45(1), pages 34-52, January.

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