Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/43260
Title: The effect of demand uncertainty on port terminal costs
Authors: Rodríguez-Álvarez, Ana
Tovar de la Fe, Beatriz Erasmi 
Wall, Alan
UNESCO Clasification: 531212 Transportes y comunicaciones
Keywords: Puertos
Transporte marítimo
Issue Date: 2011
Publisher: 0022-5258
Journal: Journal of Transport Economics and Policy 
Abstract: A recent survey found that 40 per cent of vessels arrive later than planned, so demand uncertainty is a salient feature of port terminal activity. Terminals facing greater demand uncertainty and that wish to cater for this will incur extra costs to avoid the risk that shipping companies replace them. We estimate a short-run cost function using data on three Spanish port terminals which includes demand uncertainty as a regressor. We find that demand uncertainty has a significant effect on costs and we quantify this. Not taking demand uncertainty into account may lead to port terminals' efficiency being underestimated.
URI: http://hdl.handle.net/10553/43260
ISSN: 0022-5258
Source: Journal of Transport Economics and Policy[ISSN 0022-5258],v. 45, p. 303-328
Appears in Collections:Artículos
Show full item record

SCOPUSTM   
Citations

18
checked on Oct 2, 2022

WEB OF SCIENCETM
Citations

17
checked on Oct 2, 2022

Page view(s)

13
checked on Jul 10, 2022

Google ScholarTM

Check


Share



Export metadata



Items in accedaCRIS are protected by copyright, with all rights reserved, unless otherwise indicated.