The impact of revenue-sharing contracts on parallel shipping alliances

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Title: The impact of revenue-sharing contracts on parallel shipping alliances
Authors: Nerja, Adrián | Sánchez, Mariola
Center, Department or Service: Universidad de Alicante. Departamento de Fundamentos del Análisis Económico
Keywords: Parallel Shipping Alliances | Revenue-Sharing | Welfare Analysis | Vertical Integration | Port Horizontal Cooperation
Issue Date: 30-Jun-2023
Publisher: Elsevier
Citation: Transport Economics and Management. 2023, 1: 77-85. https://doi.org/10.1016/j.team.2023.06.004
Abstract: In this paper, we explore the effect of revenue-sharing contracts between ports and shipping lines to counter the negative effects of parallel shipping alliances. We consider a vertical structure approach formed by port-shipping line chains, where ports are considered the upstream market, while shipping lines are the downstream market. Then, we propose the vertical integration of both chains as a solution to the loss of welfare because of the shipping alliance. We find that when ports may influence the downstream markets, welfare increases, and it is a proper ports response that port horizontal cooperation.
URI: http://hdl.handle.net/10045/136052
ISSN: 2949-8996
DOI: 10.1016/j.team.2023.06.004
Language: eng
Type: info:eu-repo/semantics/article
Rights: © 2023 The Author(s). Published by Elsevier Ltd. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Peer Review: si
Publisher version: https://doi.org/10.1016/j.team.2023.06.004
Appears in Collections:INV - GIEPE-UA - Artículos de Revistas
INV - EIDL - Artículos de Revistas
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