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Port Integration under Government Intervention: Analysis Based on the Development of Beibu Gulf Port Cluster

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DOI: 10.23977/ieim.2023.060915 | Downloads: 20 | Views: 382

Author(s)

Kelly Yujie Wang 1, Yawei Zhang 1, Junfeng Wu 2

Affiliation(s)

1 College of Economics, China-ASEAN Institute of Financial Cooperation, Guangxi University, Nanning, 530004, China
2 Shanghai Winjoinit Information Technology Co., Ltd., Shanghai, 200126, China

Corresponding Author

Yawei Zhang

ABSTRACT

Against the background of the continuous downward trend of port power, the port consolidation policy has gradually become the local government's policy for port reform as the problem of homogenization and disorderly competition has become more and more serious in the neighboring ports. In order to study the effect of port integration policy under government intervention, this paper adopts Herfindahl-Hirschman Index (HHI) and Double Difference Difference (DID) to analyze the effect of port integration policy under government intervention on the competitive situation of port group and the effect of port integration policy under government intervention on the comprehensive power of ports, respectively. In this paper, the data of the Beibu Gulf port cluster from 2003 to 2019 is selected as a sample. The results of this paper show that the port integration policy under government intervention can change the competitive situation of port cluster; the port integration policy under government intervention can enhance the cargo throughput of ports. This has implications for the development of other port clusters and provides useful suggestions for local government ports to govern ports and port clusters, as well as useful guidance for the development of small and medium-sized ports.

KEYWORDS

Port Consolidation, Concentration, Government Intervention, Beibu Gulf Port Cluster, DID

CITE THIS PAPER

Kelly Yujie Wang, Yawei Zhang, Junfeng Wu, Port Integration under Government Intervention: Analysis Based on the Development of Beibu Gulf Port Cluster. Industrial Engineering and Innovation Management (2023) Vol. 6: 100-112. DOI: http://dx.doi.org/10.23977/ieim.2023.060915.

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