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Abstract: This paper tries to evaluate the price-setting structure for the Spanish port authorities during the period 1986?2005. To do this, we compare the structure of the most important port fees with those results obtained using a second-best mechanism based on Ramsey prices. The results show that port fees do not maximise social surplus due to the existence of heterogeneity among port authorities. In this sense, a new regulation which would allow port authorities to set their own fees may represent an improvement for the present mechanism.
Fuente: Journal of Transport Economics and Policy (JTEP), Volume 47, Number 3, September 2013, pp. 349-369
Publisher: University of Bath
Year of publication: 2013
No. of pages: 21
Publication type: Article
ISSN: 1754-5951,0022-5258
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Citations
RAMON NUÑEZ SANCHEZ
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