Port Attractiveness

Francesca Romana Medda, Francesco Caravelli, Simone Caschili and Alan Wilson
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Francesca Romana Medda: University College London
Francesco Caravelli: University College London
Simone Caschili: University College London
Alan Wilson: University College London

Chapter Chapter 5 in Collaborative Approach to Trade, 2017, pp 53-64 from Springer

Abstract: Abstract This chapter is based on the main concepts that Caschili and Medda (2015) have developed to construct the Port Attractiveness Index, which is used in multiplier attachment to construct the shipping network in module II. Caschili and Medda (2015) define port attractiveness as the combination of the productive capacity of a port and its level of international competitiveness which together provide direct and indirect economic benefits. A port generates freight traffic through its connections with inland trade routes and with other regional and international ports. Thus, in order to be attractive and competitive, ports often need to be integrated vertically, i.e. have secure maritime routes and landside operations, and integrated horizontally, i.e. be highly specialised with a wide geographical market share. The implication here is that a port must be equipped with effective facilities, it must provide reliable services at the lowest price, and it needs to have an efficient productivity level. These characteristics combined comprise the reputation of a port as an intricate network of operators, investors and maritime brokers.

Keywords: Gross Domestic Product; Structural Equation Modeling; Shipping Network; International Competitiveness; Trade Route (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/978-3-319-47039-9_5

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