A study on Market Concentration in Coastal Shipping and Limitations to island’s accessibility, co-authored by PortEconomics member Thomas Vitsounis and Ass. Prof. Maria Lekakou (STT-Uni of the Aegean, Gr) is published in the latest issue of the scholarly journal Research in Transportation Business & Management.
The paper tests two research hypotheses of great relevance for port users, service providers, and policy-makers in the case of a major coastal market in Europe (i.e. Greece). The first one is the extent that the coastal shipping market under question has emerged as a more concentrated one during the recent port-liberalization era. Second, whether the accessibility of linked islands is reduced due to high levels of coastal companies concentration and/or becaue the absence of any monitoring process.