Presents an analysis of the efficiency effect of port reforms based on a production frontier, i.e. output maximization rather than cost minimization. Shows how these measures can be used to promote competition between ports, which in turn can be built into an incentive-driven regulatory regime.
Presents an analysis of the efficiency effect of port reforms based on a production frontier, i.e. output maximization rather than cost minimization. Shows how these measures can be used to promote competition between ports, which in turn can be built into an incentive-driven regulatory regime.