709
Views
5
CrossRef citations to date
0
Altmetric
Research Article

Influence of policy, operational and market conditions on seaport efficiency in newly emerging economies: the case of Vietnam

& ORCID Icon
Pages 4698-4710 | Published online: 19 Mar 2020
 

ABSTRACT

Located in Southeast Asia as one of the most dynamic economic regions in the world and close to north-south shipping routes, Vietnam’s seaports play a vital role in promoting its international trade and economic growth. And yet, most ports are small and owned by the public sector. Their performance is subject to various factors relating to government policy, operational and market conditions. Although the Government has been trying to improve the sector’s performance through corporatization, its corporatization model is unique in many ways compared with reform models in other countries. This study seeks to analyse the effects of government policy, operational and market conditions among other factors, on Vietnamese seaports’ efficiency. Double-bootstrap data envelopment analysis (DEA) and univariate and multivariate analyses were conducted using the data sample of 41 ports for years 2015 and 2016. The analysis results show that the factors of production, regional location and reform policy had a significant impact on port performance.

JEL CLASSIFICATION:

Disclosure statement

No potential conflict of interest was reported by the authors.

Notes

1 Authors’ calculation based on World Bank (Citation2020).

2 Authors’ calculations based on Vietnam Seaports Association (Citation2018).

3 The constant-returns-to-scale assumption is only appropriate when all firms are operational at their optimal scale (Charnes, Cooper, and Rhodes Citation1978). In Vietnamese seaports vary substantially in size. Therefore, this study’s analysis is conducted under the assumption of variable returns to scale.:

4 Output-orientation is applied in our DEA model because some input variables, such as berth length or terminal area, are quasi-fixed and cannot adjust for a better performance.

Log in via your institution

Log in to Taylor & Francis Online

PDF download + Online access

  • 48 hours access to article PDF & online version
  • Article PDF can be downloaded
  • Article PDF can be printed
USD 53.00 Add to cart

Issue Purchase

  • 30 days online access to complete issue
  • Article PDFs can be downloaded
  • Article PDFs can be printed
USD 387.00 Add to cart

* Local tax will be added as applicable

Related Research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.