A competitive analysis of port of Hong Kong: from external to internal
| Autor: | Dong Yang, Y. N. Eppie Ng, Zihua Liu |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
050210 logistics & transportation
lcsh:HF5761-5780 021103 operations research Competitive analysis 05 social sciences 0211 other engineering and technologies 02 engineering and technology Cournot competition Competitive equilibrium Stackelberg leadership model lcsh:HE1-9990 Port (computer networking) Service heterogeneity Cournot price competition Microeconomics Competition (economics) Competition model Terminal (electronics) Edgeworth model 0502 economics and business lcsh:Shipment of goods. Delivery of goods Stackelberg competition Business Terminal/port competition lcsh:Transportation and communications |
| Zdroj: | Journal of Shipping and Trade, Vol 5, Iss 1, Pp 1-17 (2020) |
| ISSN: | 2364-4575 |
| DOI: | 10.1186/s41072-020-00062-2 |
| Popis: | This paper aims to analyse the competitive equilibrium of Hong Kong international port after the cooperation among terminal operators. To achieve our research objective, a comprehensive analysis framework is proposed. We assume that the port services provided by Shenzhen and Hong Kong have heterogeneity, thus apply Cournot price competition model to understand the external competition. We find that the heterogeneity level can affect the demand of Hong Kong international port. For different heterogeneity levels, different competitive equilibriums among terminal operators of Hong Kong are discussed. We further apply Edgeworth model and Stackelberg Leadership Model to describe the internal competition of Hong Kong international port. Based on analysis, some recommendations are provided to the terminal operators of Hong Kong. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink