A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation
Cargo handling in ports is a multioutput activity, as freight can arrive in many forms such as containers, bulk, rolling stock, or noncontainerized general cargo. In this paper Tovar, Jara-D�, and Trujillo analyze the operation of port terminals through the estimation of a multioutput cost model that uses monthly data on three firms located at the Las Palmas port in Spain. This permits the calculation of product-specific marginal costs, economies of scale (general and by firm), and economies of scope, which are key tools to help the regulators in their task.
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dig-okr-10986180472021-04-23T14:03:41Z A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation Tovar, Beatriz Jara-Díaz, Sergio Trujillo, Lourdes COST FUNCTIONS PORT MANAGEMENT REGULATORY FRAMEWORK CARGO HANDLING MARGINAL COSTS PORT CHARGES ECONOMIES OF SCALE TERMINALS (TRANSPORTATION) PRODUCTION CAPACITY PRODUCTION COSTS BERTH BULK CARGO CARGO CARGO HANDLING COMPETITIVENESS CONTAINER TERMINALS CONTAINERIZATION CONTAINERS COST ANALYSIS COST FUNCTIONS CPI ECONOMIC ACTIVITY ECONOMIES OF SCALE ECONOMIES OF SCOPE ELASTICITIES EMPLOYMENT EQUATIONS EQUILIBRIUM EXPLOITATION EXPORT FACTOR DEMAND FLEXIBLE FUNCTIONAL FORMS FREIGHT GROWTH RATE INCREASING RETURNS INCREASING RETURNS TO SCALE INTERMEDIATE INPUTS LIFTING LIGHTHOUSES LOADING LOGISTICS CHAIN MARGINAL COST MARGINAL COSTS MEAN VALUE PALLETS PORT AREA PORT AUTHORITY PORT FACILITIES PORT INFRASTRUCTURE PORT SECTOR PORT SERVICES PORTS PRICE ELASTICITY PRIVATE PROPERTY PRIVATE SECTOR PARTICIPATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PURCHASE PRICE QUAYS RETURNS TO SCALE RISK PREMIUM ROLL SECURITY STANDARDS SHIP SHIPS SQUARE TERMINAL TERMINALS TOTAL AREA TOTAL COSTS TRUCKS UNIT LOAD VARIABLE INPUTS VESSELS WAITING TIME PRODUCTION COSTS BERTH Cargo handling in ports is a multioutput activity, as freight can arrive in many forms such as containers, bulk, rolling stock, or noncontainerized general cargo. In this paper Tovar, Jara-D�, and Trujillo analyze the operation of port terminals through the estimation of a multioutput cost model that uses monthly data on three firms located at the Las Palmas port in Spain. This permits the calculation of product-specific marginal costs, economies of scale (general and by firm), and economies of scope, which are key tools to help the regulators in their task. 2014-04-25T15:57:07Z 2014-04-25T15:57:07Z 2003-10 http://documents.worldbank.org/curated/en/2003/10/2630712/multi-output-cost-function-port-terminals-some-guidelines-regulation http://hdl.handle.net/10986/18047 English en_US Policy Research Working Paper;No. 3151 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Spain |
| institution |
Banco Mundial |
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DSpace |
| country |
Estados Unidos |
| countrycode |
US |
| component |
Bibliográfico |
| access |
En linea |
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dig-okr |
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biblioteca |
| region |
America del Norte |
| libraryname |
Biblioteca del Banco Mundial |
| language |
English en_US |
| topic |
COST FUNCTIONS PORT MANAGEMENT REGULATORY FRAMEWORK CARGO HANDLING MARGINAL COSTS PORT CHARGES ECONOMIES OF SCALE TERMINALS (TRANSPORTATION) PRODUCTION CAPACITY PRODUCTION COSTS BERTH BULK CARGO CARGO CARGO HANDLING COMPETITIVENESS CONTAINER TERMINALS CONTAINERIZATION CONTAINERS COST ANALYSIS COST FUNCTIONS CPI ECONOMIC ACTIVITY ECONOMIES OF SCALE ECONOMIES OF SCOPE ELASTICITIES EMPLOYMENT EQUATIONS EQUILIBRIUM EXPLOITATION EXPORT FACTOR DEMAND FLEXIBLE FUNCTIONAL FORMS FREIGHT GROWTH RATE INCREASING RETURNS INCREASING RETURNS TO SCALE INTERMEDIATE INPUTS LIFTING LIGHTHOUSES LOADING LOGISTICS CHAIN MARGINAL COST MARGINAL COSTS MEAN VALUE PALLETS PORT AREA PORT AUTHORITY PORT FACILITIES PORT INFRASTRUCTURE PORT SECTOR PORT SERVICES PORTS PRICE ELASTICITY PRIVATE PROPERTY PRIVATE SECTOR PARTICIPATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PURCHASE PRICE QUAYS RETURNS TO SCALE RISK PREMIUM ROLL SECURITY STANDARDS SHIP SHIPS SQUARE TERMINAL TERMINALS TOTAL AREA TOTAL COSTS TRUCKS UNIT LOAD VARIABLE INPUTS VESSELS WAITING TIME PRODUCTION COSTS BERTH COST FUNCTIONS PORT MANAGEMENT REGULATORY FRAMEWORK CARGO HANDLING MARGINAL COSTS PORT CHARGES ECONOMIES OF SCALE TERMINALS (TRANSPORTATION) PRODUCTION CAPACITY PRODUCTION COSTS BERTH BULK CARGO CARGO CARGO HANDLING COMPETITIVENESS CONTAINER TERMINALS CONTAINERIZATION CONTAINERS COST ANALYSIS COST FUNCTIONS CPI ECONOMIC ACTIVITY ECONOMIES OF SCALE ECONOMIES OF SCOPE ELASTICITIES EMPLOYMENT EQUATIONS EQUILIBRIUM EXPLOITATION EXPORT FACTOR DEMAND FLEXIBLE FUNCTIONAL FORMS FREIGHT GROWTH RATE INCREASING RETURNS INCREASING RETURNS TO SCALE INTERMEDIATE INPUTS LIFTING LIGHTHOUSES LOADING LOGISTICS CHAIN MARGINAL COST MARGINAL COSTS MEAN VALUE PALLETS PORT AREA PORT AUTHORITY PORT FACILITIES PORT INFRASTRUCTURE PORT SECTOR PORT SERVICES PORTS PRICE ELASTICITY PRIVATE PROPERTY PRIVATE SECTOR PARTICIPATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PURCHASE PRICE QUAYS RETURNS TO SCALE RISK PREMIUM ROLL SECURITY STANDARDS SHIP SHIPS SQUARE TERMINAL TERMINALS TOTAL AREA TOTAL COSTS TRUCKS UNIT LOAD VARIABLE INPUTS VESSELS WAITING TIME PRODUCTION COSTS BERTH |
| spellingShingle |
COST FUNCTIONS PORT MANAGEMENT REGULATORY FRAMEWORK CARGO HANDLING MARGINAL COSTS PORT CHARGES ECONOMIES OF SCALE TERMINALS (TRANSPORTATION) PRODUCTION CAPACITY PRODUCTION COSTS BERTH BULK CARGO CARGO CARGO HANDLING COMPETITIVENESS CONTAINER TERMINALS CONTAINERIZATION CONTAINERS COST ANALYSIS COST FUNCTIONS CPI ECONOMIC ACTIVITY ECONOMIES OF SCALE ECONOMIES OF SCOPE ELASTICITIES EMPLOYMENT EQUATIONS EQUILIBRIUM EXPLOITATION EXPORT FACTOR DEMAND FLEXIBLE FUNCTIONAL FORMS FREIGHT GROWTH RATE INCREASING RETURNS INCREASING RETURNS TO SCALE INTERMEDIATE INPUTS LIFTING LIGHTHOUSES LOADING LOGISTICS CHAIN MARGINAL COST MARGINAL COSTS MEAN VALUE PALLETS PORT AREA PORT AUTHORITY PORT FACILITIES PORT INFRASTRUCTURE PORT SECTOR PORT SERVICES PORTS PRICE ELASTICITY PRIVATE PROPERTY PRIVATE SECTOR PARTICIPATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PURCHASE PRICE QUAYS RETURNS TO SCALE RISK PREMIUM ROLL SECURITY STANDARDS SHIP SHIPS SQUARE TERMINAL TERMINALS TOTAL AREA TOTAL COSTS TRUCKS UNIT LOAD VARIABLE INPUTS VESSELS WAITING TIME PRODUCTION COSTS BERTH COST FUNCTIONS PORT MANAGEMENT REGULATORY FRAMEWORK CARGO HANDLING MARGINAL COSTS PORT CHARGES ECONOMIES OF SCALE TERMINALS (TRANSPORTATION) PRODUCTION CAPACITY PRODUCTION COSTS BERTH BULK CARGO CARGO CARGO HANDLING COMPETITIVENESS CONTAINER TERMINALS CONTAINERIZATION CONTAINERS COST ANALYSIS COST FUNCTIONS CPI ECONOMIC ACTIVITY ECONOMIES OF SCALE ECONOMIES OF SCOPE ELASTICITIES EMPLOYMENT EQUATIONS EQUILIBRIUM EXPLOITATION EXPORT FACTOR DEMAND FLEXIBLE FUNCTIONAL FORMS FREIGHT GROWTH RATE INCREASING RETURNS INCREASING RETURNS TO SCALE INTERMEDIATE INPUTS LIFTING LIGHTHOUSES LOADING LOGISTICS CHAIN MARGINAL COST MARGINAL COSTS MEAN VALUE PALLETS PORT AREA PORT AUTHORITY PORT FACILITIES PORT INFRASTRUCTURE PORT SECTOR PORT SERVICES PORTS PRICE ELASTICITY PRIVATE PROPERTY PRIVATE SECTOR PARTICIPATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PURCHASE PRICE QUAYS RETURNS TO SCALE RISK PREMIUM ROLL SECURITY STANDARDS SHIP SHIPS SQUARE TERMINAL TERMINALS TOTAL AREA TOTAL COSTS TRUCKS UNIT LOAD VARIABLE INPUTS VESSELS WAITING TIME PRODUCTION COSTS BERTH Tovar, Beatriz Jara-Díaz, Sergio Trujillo, Lourdes A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation |
| description |
Cargo handling in ports is a multioutput
activity, as freight can arrive in many forms such as
containers, bulk, rolling stock, or noncontainerized general
cargo. In this paper Tovar, Jara-D�, and Trujillo analyze
the operation of port terminals through the estimation of a
multioutput cost model that uses monthly data on three firms
located at the Las Palmas port in Spain. This permits the
calculation of product-specific marginal costs, economies of
scale (general and by firm), and economies of scope, which
are key tools to help the regulators in their task. |
| format |
Publications & Research :: Policy Research Working Paper |
| topic_facet |
COST FUNCTIONS PORT MANAGEMENT REGULATORY FRAMEWORK CARGO HANDLING MARGINAL COSTS PORT CHARGES ECONOMIES OF SCALE TERMINALS (TRANSPORTATION) PRODUCTION CAPACITY PRODUCTION COSTS BERTH BULK CARGO CARGO CARGO HANDLING COMPETITIVENESS CONTAINER TERMINALS CONTAINERIZATION CONTAINERS COST ANALYSIS COST FUNCTIONS CPI ECONOMIC ACTIVITY ECONOMIES OF SCALE ECONOMIES OF SCOPE ELASTICITIES EMPLOYMENT EQUATIONS EQUILIBRIUM EXPLOITATION EXPORT FACTOR DEMAND FLEXIBLE FUNCTIONAL FORMS FREIGHT GROWTH RATE INCREASING RETURNS INCREASING RETURNS TO SCALE INTERMEDIATE INPUTS LIFTING LIGHTHOUSES LOADING LOGISTICS CHAIN MARGINAL COST MARGINAL COSTS MEAN VALUE PALLETS PORT AREA PORT AUTHORITY PORT FACILITIES PORT INFRASTRUCTURE PORT SECTOR PORT SERVICES PORTS PRICE ELASTICITY PRIVATE PROPERTY PRIVATE SECTOR PARTICIPATION PRODUCTION FUNCTION PRODUCTION FUNCTIONS PRODUCTIVITY PURCHASE PRICE QUAYS RETURNS TO SCALE RISK PREMIUM ROLL SECURITY STANDARDS SHIP SHIPS SQUARE TERMINAL TERMINALS TOTAL AREA TOTAL COSTS TRUCKS UNIT LOAD VARIABLE INPUTS VESSELS WAITING TIME PRODUCTION COSTS BERTH |
| author |
Tovar, Beatriz Jara-Díaz, Sergio Trujillo, Lourdes |
| author_facet |
Tovar, Beatriz Jara-Díaz, Sergio Trujillo, Lourdes |
| author_sort |
Tovar, Beatriz |
| title |
A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation |
| title_short |
A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation |
| title_full |
A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation |
| title_fullStr |
A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation |
| title_full_unstemmed |
A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation |
| title_sort |
multioutput cost function for port terminals : some guidelines for regulation |
| publisher |
World Bank, Washington, DC |
| publishDate |
2003-10 |
| url |
http://documents.worldbank.org/curated/en/2003/10/2630712/multi-output-cost-function-port-terminals-some-guidelines-regulation http://hdl.handle.net/10986/18047 |
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