Abstract The article examines the possible implications of climate change for seaport competition and for the local hinterlands of ports of countries that border the Adriatic. The focus is on the effects that further increases in the annual durations over which the Northern Sea Route is navigable will have on costs of shipping between Asian and Europe and, in turn, the effects of this on the v…
This article looks at the relative economic efficiency of seaports in the North Adriatic, and the effects of expansions of the European Union (EU) on this. Taking the main container ports in the region between 2004 and 2012, variations in efficiency are found over time dependent on whether constant or variable returns to scale are assumed. The consistently high number of ports on the efficiency…