Article

Impact of privatization on port efficiency and effectiveness: results from Panama and US ports

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Panama has five main ports: Balboa and PSA Panama International on the
Pacific, and Cristo´ bal, Manzanillo and Colon Container Terminal (CCT) on the
Caribbean side. The government of Panama originally operated the ports of
Balboa and Cristo´ bal. After being transferred from the United States government,
most of these ports were privatized in the late 1990s. During this period,
some ports in the United States have moved away from operating to nonoperating.
There are more private sector involvements and public–private partnerships. However, in the US there are few full asset privatizations as was done in Panama. This range of privatizations provides the opportunity to study the effects of various types of privatization on port production. We use financial econometric techniques to assess port performance during government operation and private sector operation. The results of the study provide an estimate of the savings and effectiveness gains from privatizations. Few studies examine effectiveness, beyond questionnaires of users. However, especially for transshipment ports as are the case in Panama, service variables, along with price, are very important in determining demand for service. This study compares the effectiveness of Panama privatized ports with US ports in which there are degrees of privatization.

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Ketersediaan

Informasi Detail

Judul Seri

Maritime Policy & Management: The flagship journal of international shipping and port research

No. Panggil

ATC LO PAG i

Penerbit

United States of America : routledge taylor france group., 2013

Deskripsi Fisik

18 p.

Bahasa

English

ISBN/ISSN

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Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Vol. 40, No. 2, 100–115

Subjek

port efficiency
Panama
US ports
effectiveness:

Info Detail Spesifik

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Pernyataan Tanggungjawab

Anthony M. Pagano

Versi lain/terkait

Lampiran Berkas

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