Publication: A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation
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Date
2003-10
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2003-10
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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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“Tovar, Beatriz; Jara-Díaz, Sergio; Trujillo, Lourdes. 2003. A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation. Policy Research Working Paper;No. 3151. © http://hdl.handle.net/10986/18047 License: CC BY 3.0 IGO.”
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