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Contestability of Container Liner Shipping Market in Alliance Era

A cross section panel model is applied to estimate the effect that the Herfindahl-Hirschman Index (HHI) has on container freight rates for a sample of six major container liner shipping routes during 2009 to 2011. The estimated coefficient of HHI is non-positive and statistically insignificant, indicating that higher concentration level does not lead to high price and the container liner shipping market is contestable for the period under consideration. The suggestion that efficiency can be achieved without actual competition in a contestable market is highly significant for policy makers.

Ketersediaan
#
IPC Corporate University Library ATC LO HIR c C.1
ATC1600920
Tersedia
Informasi Detail
Judul Seri
The Asian Journal of Shipping and Logistics
No. Panggil
ATC LO HIR c
Penerbit
Japan : Elsevier.,
Deskripsi Fisik
6 p .
Bahasa
English
ISBN/ISSN
-
Klasifikasi
LO
Tipe Isi
-
Tipe Media
-
Tipe Pembawa
online resource
Edisi
-
Subjek
Container liner shipping
Alliance
Contestability
Liner Freight Rates
Info Detail Spesifik
-
Pernyataan Tanggungjawab
Versi lain/terkait
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