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Evolving competition between Hong Kong and Shenzhen ports
Tian, Xin1; Liu, Liming2,3; Wang, Shouyang4
2015-11-17
Source PublicationMARITIME POLICY & MANAGEMENT
ISSN0308-8839
Volume42Issue:8Pages:729-745
AbstractShenzhen Port (SZP), once a negligible local port, has risen dramatically to a world-leading container port and an "equal" player with Hong Kong Port (HKP). Will this market share reallocation continue, or will equilibrium be eventually realized for HKP to prosper continuously? We examine the relationship between these two ports to answer this question. We propose a new transformation method to describe the growth of container cargo transport demand, define the quantitative measures of the competition relationship and port competitiveness, and present a rigorous analytical framework with econometric tests and models to understand the true relationship between HKP and SZP. Direct empirical tests suggest that SZP complements HKP; however, the two ports exhibit strong competition when the effect of demand growth is excluded. Considering transshipment separately, we find that the impact of SZP on HKP is negative in transshipment but complementary in direct shipment. We may conclude that HKP does not affect SZP, whereas SZP has competitive power over HKP. These results are consistent with the findings of some previous theoretical studies.
Keywordcompetition container throughput econometric model Granger causality competition coefficient demand effect
DOI10.1080/03088839.2015.1029553
Language英语
Funding ProjectHong Kong Polytechnic University through Niche Area[J-BB7A] ; National Natural Science Foundation of China[71202114] ; National Natural Science Foundation of China[71390331]
WOS Research AreaTransportation
WOS SubjectTransportation
WOS IDWOS:000364562200001
PublisherROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
Citation statistics
Cited Times:5[WOS]   [WOS Record]     [Related Records in WOS]
Document Type期刊论文
Identifierhttp://ir.amss.ac.cn/handle/2S8OKBNM/21194
Collection系统科学研究所
Affiliation1.Chinese Acad Sci, Res Ctr Fictitious Econ & Data Sci, Beijing 100190, Peoples R China
2.Lingnan Univ, Fac Business, Hong Kong, Hong Kong, Peoples R China
3.Qingdao Univ, Sch Management Sci & Engn, Qingdao 266071, Peoples R China
4.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China
Recommended Citation
GB/T 7714
Tian, Xin,Liu, Liming,Wang, Shouyang. Evolving competition between Hong Kong and Shenzhen ports[J]. MARITIME POLICY & MANAGEMENT,2015,42(8):729-745.
APA Tian, Xin,Liu, Liming,&Wang, Shouyang.(2015).Evolving competition between Hong Kong and Shenzhen ports.MARITIME POLICY & MANAGEMENT,42(8),729-745.
MLA Tian, Xin,et al."Evolving competition between Hong Kong and Shenzhen ports".MARITIME POLICY & MANAGEMENT 42.8(2015):729-745.
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