Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/178537 
Year of Publication: 
2012
Citation: 
[Journal:] Journal of Risk and Financial Management [ISSN:] 1911-8074 [Volume:] 5 [Issue:] 1 [Publisher:] MDPI [Place:] Basel [Year:] 2012 [Pages:] 115-130
Publisher: 
MDPI, Basel
Abstract: 
The Bohai Economic Rim plays an important role in supporting China's economic growth. For this research, we selected nine main ports in the region to study whether intra-port competition or corporatization would improve efficiency. Using a panel fixed effect model and stochastic frontier model, we found that the technical efficiency of selected ports is significantly influenced by the time of the initial public offering than by regional competition. The results are supportive and encouraging for policy makers to move toward the decentralized port governance in China.
Subjects: 
Technical efficiency
Port performance
IPO
Profitability
JEL: 
D22
D24
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-sa Logo
Document Type: 
Article

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