Port privatization in Chinese container ports and its impacts on the container terminal performance

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Port privatization in Chinese container ports and its impacts on the container terminal performance

 

Author: Shen, Xiaoyan Audrey
Title: Port privatization in Chinese container ports and its impacts on the container terminal performance
Degree: M.Sc.
Year: 2010
Subject: Hong Kong Polytechnic University -- Dissertations
Container terminals -- China -- Management
Privatization -- China.
Department: Graduate School of Business
Pages: 118 leaves : ill. ; 31 cm.
InnoPac Record: http://library.polyu.edu.hk/record=b2392256
URI: http://theses.lib.polyu.edu.hk/handle/200/5858
Abstract: The rapid growth of Asian economies, together with changes in trade patterns caused by globalization, has made Asian ports dominated the 10 busiest container ports in the worlds. According to the top 10 busiest container ports in 2009, there are six Chinese container ports on the list. All this can be attributed to the central government’s high priority to improve infrastructure and increase port capacity at its major ports since 2001. That results a port reform with an increasing private participation. It is interesting to find out the relationship between the private participation and port performance, however, there are only extensive academic studies in China’s port privatization, but few focused on the firm-level for micro analysis, even fewer concentrated on linking the degree of privatized container terminal operation and management with terminal performance. This paper is intended to fill in the gap in the current literature. In light of the above context, this paper aims to critically review the port privatization undertaken in China along with the Chinese port reform and discuss the current ownership structure of China’s port; to introduce original thoughts for classifying the degree of privatized terminal operations and management; and to examine the relationship between privatization and terminal performance with linear regression. The regression results show adverse influence of privatization to the terminal performance. A further discussion on the results tells that the terminal performance is mainly determined by the government intervention rather than the private participation. In addition, this paper provides a further study in port privatization from a managerial perspective. Through a systematical analysis of Chinese port privatization, this paper concludes that it is better for the policy maker to improve port management before taking a further step of privatization in the port industry.

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