Medda, F;
Caschili, S;
(2015)
The port attractiveness index: application on African ports.
Région et Développement
, 41
pp. 47-82.
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Abstract
The overall operational reputation of a port is based on objective factors, including infrastructure endowments and efficiency in the logistics chain as well as on perceived subjective factors such as reliability, and level of corruption. In this work we analyze the concept of port attractiveness, starting with the hypothesis that subjective port determinants (i.e., user perception) and objective/endogenous and exogenous factors can be quantified together. We thus determine the Port Attractiveness Index and test it using 41 container ports of 23 African countries for the period 2006-2010. We apply a bottom-up approach to investigate the structural relationships among the three sets of determinants (endogenous, exogenous and subjective) that impact on port attractiveness. Our methodological approach employs structural equation modeling. Results indicate that subjective factors are indeed influential variables for port attractiveness. Moreover, when examining port attractiveness and investment strategies, we demonstrate that in many cases in African ports governments should implement soft infrastructure as a first step rather than investing in hard infrastructures.
Type: | Article |
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Title: | The port attractiveness index: application on African ports |
Open access status: | An open access version is available from UCL Discovery |
Publisher version: | http://region-developpement.univ-tln.fr/en/2015_vo... |
Language: | English |
Additional information: | The on-line content of the journal is "open access", which means that all content is freely available without charge to the user or his/her institution. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission from the publisher or the author. |
Keywords: | shipping, maritime trade, port reputation, Africa, structural equation modeling |
UCL classification: | UCL UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of Engineering Science > Dept of Civil, Environ and Geomatic Eng |
URI: | https://discovery.ucl.ac.uk/id/eprint/1492718 |
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