A multioutput cost function for port terminals: some guidelines for regulation

By: Contributor(s): Material type: TextTextSeries: Policy Research Working Paper, no. 3151Publication details: Washington, D. C. The World Bank 2003Description: 27 pSubject(s): DDC classification:
  • 387.1
Summary: Cargo handling in ports is a multioutput activity, as freight can arrive in many forms such as containers, bulk, rolling stock, or noncontainerized general cargo. In this paper Tovar, Jara-De, and Trujillo analyze the operation of port terminals through the estimation of a multioutput cost model that uses monthly data on three firms located at the Las Palmas port in Spain. This permits the calculation of product-specific marginal costs, economies of scale (general and by firm), and economies of scope, which are key tools to help the regulators in their task.
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Books Vikram Sarabhai Library Rack 27-A / Slot 1302 (0 Floor, East Wing) General Stacks 387.1 T8M8 (Browse shelf(Opens below)) Available 156136

Cargo handling in ports is a multioutput activity, as freight can arrive in many forms such as containers, bulk, rolling stock, or noncontainerized general cargo. In this paper Tovar, Jara-De, and Trujillo analyze the operation of port terminals through the estimation of a multioutput cost model that uses monthly data on three firms located at the Las Palmas port in Spain. This permits the calculation of product-specific marginal costs, economies of scale (general and by firm), and economies of scope, which are key tools to help the regulators in their task.

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