A multioutput cost function for the services of Spanish ports' infrastructure

Jara-Diaz, SR; Martinez-Budria, E; Cortés CE.; basso L

Abstract

A long run multioutput cost function for the infrastructure services of Spanish ports is estimated using 286 observations on 26 ports during 11 years. Cargo specific marginal costs and the degree of economies of scale and scope are calculated up to a port level. Results show that liquid bulk and non-containerised general cargo present the lowest and largest marginal cost, respectively. Increasing returns to scale are present in general and for each and every port. A scope analysis indicates that port specialisation is not appropriate from the viewpoint of infrastructure. © 2002 Kluwer Academic Publishers.

Más información

Título según WOS: A multioutput cost function for the services of Spanish ports' infrastructure
Título según SCOPUS: A multioutput cost function for the services of Spanish ports' infrastructure
Título de la Revista: TRANSPORTATION
Volumen: 29
Número: 4
Editorial: Springer
Fecha de publicación: 2002
Página de inicio: 419
Página final: 437
Idioma: English
URL: http://link.springer.com/10.1023/A:1016386131712
DOI:

10.1023/A:1016386131712

Notas: ISI, SCOPUS