Tovar, BeatrizJara-Díaz, SergioTrujillo, Lourdes2014-04-252014-04-252003-10https://hdl.handle.net/10986/18047Cargo 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.en-USCC BY 3.0 IGOCOST FUNCTIONSPORT MANAGEMENTREGULATORY FRAMEWORKCARGO HANDLINGMARGINAL COSTSPORT CHARGESECONOMIES OF SCALETERMINALS (TRANSPORTATION)PRODUCTION CAPACITYPRODUCTION COSTS BERTHBULK CARGOCARGOCARGO HANDLINGCOMPETITIVENESSCONTAINER TERMINALSCONTAINERIZATIONCONTAINERSCOST ANALYSISCOST FUNCTIONSCPIECONOMIC ACTIVITYECONOMIES OF SCALEECONOMIES OF SCOPEELASTICITIESEMPLOYMENTEQUATIONSEQUILIBRIUMEXPLOITATIONEXPORTFACTOR DEMANDFLEXIBLE FUNCTIONAL FORMSFREIGHTGROWTH RATEINCREASING RETURNSINCREASING RETURNS TO SCALEINTERMEDIATE INPUTSLIFTINGLIGHTHOUSESLOADINGLOGISTICS CHAINMARGINAL COSTMARGINAL COSTSMEAN VALUEPALLETSPORT AREAPORT AUTHORITYPORT FACILITIESPORT INFRASTRUCTUREPORT SECTORPORT SERVICESPORTSPRICE ELASTICITYPRIVATE PROPERTYPRIVATE SECTOR PARTICIPATIONPRODUCTION FUNCTIONPRODUCTION FUNCTIONSPRODUCTIVITYPURCHASE PRICEQUAYSRETURNS TO SCALERISK PREMIUMROLLSECURITY STANDARDSSHIPSHIPSSQUARETERMINALTERMINALSTOTAL AREATOTAL COSTSTRUCKSUNIT LOADVARIABLE INPUTSVESSELSWAITING TIMEPRODUCTION COSTSBERTHA Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation10.1596/1813-9450-3151