IMIS

Publications | Institutes | Persons | Datasets | Projects | Maps
[ report an error in this record ]basket (0): add | show Print this page

A non-structural test for competition in the container liner shipping industry
Sys, C.; Meersman, H.; Van de Voorde, E. (2011). A non-structural test for competition in the container liner shipping industry. Marit. Policy Manage. 38(3): 219-234. https://dx.doi.org/10.1080/03088839.2011.572708
In: Maritime Policy and Management. Taylor & Francis: London. ISSN 0308-8839; e-ISSN 1464-5254, more
Peer reviewed article  

Available in  Authors 

Keyword
    Marine/Coastal

Authors  Top 

Abstract
    This study examines the competitive conditions of the Containerized Liner Shipping Industry (CLSI). The degree of competition prevailing in this industry will be assessed using the Panzar and Rosse H-statistic. The properties of this non-structural methodology (e.g. using firm level data, robustness in small samples, no need to specify a relevant market, etc.) make it an excellent framework for assessing the degree of competition in the CLSI. The empirical specifications are based on an unbalanced panel of data regarding a sample of 18 major liner operators covering the period 1999 to 2008. A significantly positive unscaled value of the H-statistic has been found. This means that the hypothesis can be rejected that the CLSI market structure corresponds to a neoclassical monopoly, a collusive oligopoly or a conjectural variations short-run oligopoly.

All data in the Integrated Marine Information System (IMIS) is subject to the VLIZ privacy policy Top | Authors