Historical changes in the port and shipping industry in Hong Kong and the underlying policies

Zhongzhen Yang, Qinghui Xiu and Dongxu Chen

Transport Policy, 2019, vol. 82, issue C, 138-147

Abstract: In this paper, a number of ports in Hong Kong and mainland China are grouped and the concentration ratio and Herfindahl-Hirschman index of the container throughputs are calculated to analyze the changes in the port and shipping industry in Hong Kong. By tracing the trajectory of the barycenter of the standard deviation ellipse of the annual container throughputs, we can analyze whether port transportation is shifting away from Hong Kong towards mainland China. The impacts of underlying policies of mainland China and Hong Kong on the port and shipping industry in Hong Kong are also revealed. The analyses show that the port and shipping industry in Hong Kong has experienced three development stages: rapid growth from the 1970s-1990s, solid growth from 2000 to 2005, and sluggish growth from 2006 to 2015.

Keywords: Port and shipping industry; Hong Kong; Concentration ratio; Herfindahl-hirschman index; Bonded port zone; Economic policy; Standard deviation ellipse (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (13)

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DOI: 10.1016/j.tranpol.2018.03.007

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