The potential role of public–private partnerships in the upgrade of port infrastructure: normative and positive considerations

Vining, Aidan R.; Boardman, Anthony E.

doi:10.1080/03088830802469451

Cited by 31 publications

(24 citation statements)

References 52 publications

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“…First, a PPP is considered as a very effective tool in the hands of public bodies for attracting private funds, managerial expertise, skills and know-how, while still retaining the (public) strategic control over the asset/facility in the long term (Vining and Boardman, 2008). In this regard, the degree of private commitment in the deal, which is agreed at the time of the financial closure, captures the attractiveness of the PPP proposal and the degree of success from a public perspective, reflecting the capacity of public institutions to build up an appealing bid/negotiation.…”

Section: Public Private Partnerships In Portsmentioning

confidence: 99%

The effect of institutional factors on public–private partnership success in ports

Panayides

Parola

Lam

2015

Transportation Research Part A: Policy and Practice

111

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Section: Public Private Partnerships In Portsmentioning

confidence: 99%

The effect of institutional factors on public–private partnership success in ports

Panayides

Parola

Lam

2015

Transportation Research Part A: Policy and Practice

111

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“…Literature has recommended a variety of strategic options to deal with the challenge of competitive pressure on investments [72][73][74][75][76][77][78][79][80], financial pressure [81][82][83] and the competition for land use [84,85]. It is not the intention to thoroughly evaluate or rank these according to importance but to give merely an indication of the varied spectrum recommended by scholars.…”

Section: Landlord Functionmentioning

confidence: 99%

A review of port authority functions: towards a renaissance?

Verhoeven

2010

Maritime Policy & Management

219

133

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The ever-changing environment in which ports operate has put strong pressure on the traditional role of public port authorities. Market developments have created the need for ports to be part of wider logistics networks and to provide value-added services. Powerful private players who are organised on a global scale, such as carriers, terminal operators and logistics service providers, struggle to gain control over port-oriented logistics networks whereas port authorities very often seem to remain local spectators with limited influence on these market-driven processes. Port authorities are on the other hand, the focal point of criticism from societal interests such as local government, NGOs and citizens for negative externalities related to port development and port operations even if these do not always fall within their direct responsibility. In 1990, Richard Goss questioned, albeit rather rhetorically, the need to have public sector port authorities. Since then scholars have demonstrated a true renaissance or renewed interest in the role of port authorities, recommending repositioning and development of new strategies. Parallel to the concept of the 'renaissance man', which is defined as a person who is well educated and excels in a wide variety of subjects or fields, a kind of 'renaissance port authority' is emerging from literature which may take on a variety of facilitating and even entrepreneurial tasks. The purpose of this article is to develop a conceptual framework for the various options at hand, based on an extensive literature review of port authority functions. The framework also identifies the principal governance-related factors that may in practice enable or prevent port authorities, particularly in Europe, from assuming the renaissance ambitions advocated by scholars. The hypotheses developed in this article form the basis of a wider empirical research agenda into reform of port governance in Europe and elsewhere in the world.

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“…Devolution and privatization can bring some positive effects. However, as Vining and Boardman (2008) warned, there is not necessarily a one-size-fits-all strategy for decisionmakers.…”

Section: Resultsmentioning

confidence: 96%

“…However, many of the studies investigating the effects of ownership structure on capacity investments and pricing were either descriptive or ad hoc case studies (e.g. De Langen & Pallis, 2006;Everett, 2007Everett, , 2008Goss & Stevens, 2001;Haralambides, 2002;Micco & Perez, 2001;Vining & Boardman, 2008). It is difficult to use these studies directly to predict the net effects of the above variables, especially given the complex and interdependent nature of ownership and competition, and capacity investments and pricing.…”

Section: Literature Reviewmentioning

confidence: 97%

An Analysis of the Dynamics of Ownership, Capacity Investments and Pricing Structure of Ports

Xiao

Yang

et al. 2012

Transport Reviews

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With more than 80% of the world's cargoes being transported by sea, effective port management is critical to the well-being of the global economy. This study models the effects of port ownership and governance on capacity investment and pricing structure, and these changes' implications on port service level and social welfare. The study argues that capacity investment and pricing are significantly influenced by a port's ownership form, and the different levels of government involved. Inter-port competition leads to increased capacity investments by private investors and local authorities, which can be either higher or lower than social optimal level. Therefore, it is important for policymakers to consider the effects of institutional and competition factors in port reform initiatives.

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The potential role of public–private partnerships in the upgrade of port infrastructure: normative and positive considerations

Cited by 31 publications

References 52 publications

The effect of institutional factors on public–private partnership success in ports

The effect of institutional factors on public–private partnership success in ports

A review of port authority functions: towards a renaissance?

An Analysis of the Dynamics of Ownership, Capacity Investments and Pricing Structure of Ports

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