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

Le, PT and Nguyen, H-O ORCID: 0000-0002-9167-0143 2020 , 'Influence of policy, operational and market conditions on seaport efficiency in newly emerging economies: the case of Vietnam' , Applied Economics, vol. 52, no. 43 , pp. 4698-4710 , doi: 10.1080/00036846.2020.1740159.

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Abstract

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

Item Type: Article
Authors/Creators:Le, PT and Nguyen, H-O
Keywords: microeconomic reform, port policy, port efficiency, bootstrapped DEA, Vietnam
Journal or Publication Title: Applied Economics
Publisher: Routledge Taylor & Francis Ltd
ISSN: 0003-6846
DOI / ID Number: 10.1080/00036846.2020.1740159
Copyright Information:

© 2020 Informa UK Limited, trading as Taylor & Francis Group

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