Current heterogeneity in EU port regulation is having an impact on the competitiveness of ports. Port Authorities have to take into account a wide range of goals in order to manage the interactions with private operators responsible for port activities. Thus, some trade-offs emerge, as in some cases a revenue stream or a strategic objective for the Port Authority may imply a cost for the concessionaire.
PortEconomics member Francesco Parola, along with Claudio Ferrari (University of Genova) and Alessio Tei (University of Genova), study how concession agreements can contribute to regulating these trade-offs. The focus is on European port regulation and how this might improve the effectiveness of concession agreements in the port sector.
The latest port study will be published in Transport Policy (DOI: 10.1016/j.tranpol.2015.03.012).
You may freely download authors’ version @PortEconomics.eu.