||Teng-Fei Wang, Kevin Cullinane, Dong-Wook Song
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Properly conducted and efficient measurement always plays a very important role in all kinds of production. The team of authors of this book made an attempt to analyze the relationship between three factors - ownership, competition and, finally, port efficiency by means of traditional theories and empirical examination. With the ongoing globalization of the world economy, the importance of the container port industry is increasing. The research conducted by the authors was mainly motivated by the existing contrast between the importance of today's container port industry and a very limited number of thorough scientific researches of the economic theories underpinning it. Most part of such theories is based simply on the assumptions and shall be investigated much more thoroughly. Another motivating factor was the importance of the efficiency measurement and lack of such researches in the industry in question. This publication consists of seven chapter, with first and last ones being introduction and conclusion, correspondingly. The main body of the book is telling readers about the economic theory of container port production, describes some of the alternative approaches to the measurement of the efficiency, provides model specification and data, as well as empirical analysis and results. Numerous appendices provide some required supplementary info.