International Hub Competition and Economic Welfare
| Project/Area Number |
25380294
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Kyoto University |
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Principal Investigator |
Mun Se-il 京都大学, 経済学研究科(研究院), 教授 (40192736)
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| Co-Investigator(Kenkyū-buntansha) |
MORI Tomoya 京都大学, 経済研究所, 教授 (70283679)
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| Project Period (FY) |
2013-04-01 – 2016-03-31
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| Project Status |
Completed (Fiscal Year 2015)
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| Budget Amount *help |
¥4,810,000 (Direct Cost: ¥3,700,000、Indirect Cost: ¥1,110,000)
Fiscal Year 2015: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2014: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
Fiscal Year 2013: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
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| Keywords | ハブ / 政府間競争 / 国際輸送 / インフラストラクチャ / 港湾競争 / 規模の経済 / 料金政策 / 民営化 / 国際競争 |
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| Outline of Final Research Achievements |
We develop a model of port competition in a setting with two ports located in different countries, serving their home market but also competing for transshipment traffic from a third region. Using the model, we investigate the choice of two governments whether to privatize its port or to keep port operations public. We show that there exist equilibria in which the two governments choose privatization. In these equilibria, national welfare is higher relative to a situation where both ports are public. We further extend the model to incorporate the scale economy in port operation and describe the strategic capacity choice of port operators. We investigate the effect of scale economy on the port capacities in equilibrium, and examine whether the resulting capacities are at the efficient level.
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Report
(4 results)
Research Products
(14 results)
