Centralization or decentralization: A comparative analysis of port regulation modes
نویسندگان
چکیده
This paper studies the comparison of two kinds of port regulation modes – the centralization mode and the decentralization mode – using principal-agent theory and dynamic game theory. The optimal tariffs, port capacities and port efficiency levels under these two regulation modes are determined. The theoretical results are applied to the container terminals in Port of Shanghai in China. Sensitivity analysis and comparative studies show that the tariff, port efficiency level, port service demand and social welfare are higher under the decentralization mode, while the impact to port capacity and port operator’s profit with different port regulation modes is uncertain. 2014 Elsevier Ltd. All rights reserved.
منابع مشابه
Centralization and decentralization: Theories and Models
The questions of centralization and decentralization arise in every polity. The constitution or the practice or both have to settle how much of policy making is to be decided by the central government and by component bodies. By and large liberalism and decentralization tend to go together while authoritarianism tends to be associated with centralization. The constitutional model which is gener...
متن کاملمطالعه تطبیقی مکانیزم تمرکز زدایی درارایه خدمات سلامت کشورهای مختلف و ارائه الگو برای ایران
Introduction: Iran's health system is encountered with a variety of challenges and problems due to the issues of quality, relevancy, and effectiveness. The main reason of inefficacy in health system is unnecessary centralization. In the latest decade, health sector decentralization polices have been implemented on a broad scale throughout world especially in developing countries. Decentralizati...
متن کاملUnionization Structures and Firms’ Incentives for Productivity Enhancing Investments
Unionization Structures and Firms’ Incentives for Productivity Enhancing Investments* by Justus Haucap and Christian Wey This paper examines how unionization structures that differ in the degree of wage centralization affect firms' incentives to increase labor productivity. We distinguish three modes of unionization with increasing degree of centralization: (1) “Decentralization” where wages ar...
متن کاملRegulation of Financial System in Iran: A Comparative Evaluation
Regulation and supervision is the main prerequisite for the stability of financial systems. Financial supervision consists of four elements: supervisory rules and regulations, supervisory structure, supervisory performance, and independence of supervisory institutions. The recent international financial crisis has made many countries to restructure the regulation and supervision architecture of...
متن کاملReopening The Centralization-Decentralization Debate: A Comparative Case Study Of ERP Implementation In Two Chinese Petroleum Companies
In this comparative case study research, we reflect on two enterprise resource planning (ERP) implementation stories at two large petrochemical companies in China. These companies implemented the same ERP system in a similar time span (though not at the same time). They are two very large Chinese State-Owned Enterprises (SOEs) and in this paper we highlight the centralization versus decentraliz...
متن کامل