Regulation of Port Charges in Spain: Global versus Local Competition

Marta Gonzalez-Aregall () and Xavier Fageda

ERSA conference papers from European Regional Science Association

Abstract: This article examines the determinants of traffic volumes and the revenues per tonne generated by Spain's port authorities. The interest of the study lies on the strong differences between port authorities in a context of strict regulation but that provides some scope for price competition. We estimate a pricing and demand equation system using instrumental variables. We find that port charges influence the amount of traffic that a port is able to generate. Furthermore, we find clear evidence of local price competition and report mixed results for global competition. Revenues per tonne are higher in ports operating more international regular lines and with multinational terminal operators, while they are lower in ports with nearby competing facilities and where the market share of the dominant shipping firm is high.

JEL-codes: H54 L91 R48 (search for similar items in EconPapers)
Date: 2013-11
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www-sre.wu.ac.at/ersa/ersaconfs/ersa13/ERSA2013_paper_00581.pdf (application/pdf)

Related works:
Working Paper: Regulation of Port Charges in Spain: Global versus Local Competition (2012)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wiw:wiwrsa:ersa13p581

Access Statistics for this paper

More papers in ERSA conference papers from European Regional Science Association Welthandelsplatz 1, 1020 Vienna, Austria.
Bibliographic data for series maintained by Gunther Maier ().