A Multioutput Cost Function for Port Terminals : Some Guidelines for Regulation

[摘要] Cargo handling in ports is a multioutputactivity, as freight can arrive in many forms such ascontainers, bulk, rolling stock, or noncontainerized generalcargo. In this paper Tovar, Jara-D�, and Trujillo analyzethe operation of port terminals through the estimation of amultioutput cost model that uses monthly data on three firmslocated at the Las Palmas port in Spain. This permits thecalculation of product-specific marginal costs, economies ofscale (general and by firm), and economies of scope, whichare key tools to help the regulators in their task.

[发布机构] World Bank, Washington, DC

[学科分类] 社会科学、人文和艺术（综合）

[关键词] COST FUNCTIONS;PORT MANAGEMENT;REGULATORY FRAMEWORK;CARGO HANDLING;MARGINAL COSTS