Article (Scientific journals)
Modelling with joint choice of ports and countries of origin and destination: application to Colombian ports
Cantillo Acosta, Javier Arturo; Cantillo, Victor; Arellana, Julián
2018In Maritime Policy and Management, 45 (6), p. 720-738
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Keywords :
Joint port and country choice; Colombian ports; Discrete choice models; Elasticity analysis
Abstract :
[en] Literature has focused on studying port choice independently or as an element of a supply chain without considering the joint selection with the country of origin/destination of the imports/exports. However, the characteristics and location of a port may make it more attractive to mobilise more freight from/to some particular countries rather than others, making the port choice decision dependent on the country of origin/destination of the cargo. This article proposes advanced econometric models to evaluate simultaneously port choice and the country of origin/destination choice for Colombian imports and exports. Findings suggest that for imports and exports domestic freight rate is the most important variable for the joint choice process. Also, for exports, maritime transit time is more relevant than for imports, while for the frequency of shipping lines the opposite is true. The existence of a trade agreement and the gross domestic product per capita also have a significant influence on the election of a country for exports/imports.
Disciplines :
Special economic topics (health, labor, transportation...)
Author, co-author :
Cantillo Acosta, Javier Arturo ;  Universidad del Norte > Department of Civil and Environmental Engineering
Cantillo, Victor;  Universidad del Norte > Department of Civil and Environmental Engineering
Arellana, Julián;  Universidad del Norte > Department of Civil and Environmental Engineering
Language :
English
Title :
Modelling with joint choice of ports and countries of origin and destination: application to Colombian ports
Publication date :
2018
Journal title :
Maritime Policy and Management
ISSN :
0308-8839
Publisher :
Taylor & Francis, United Kingdom
Volume :
45
Issue :
6
Pages :
720-738
Peer reviewed :
Peer Reviewed verified by ORBi
Name of the research project :
Programa Jóvenes Investigadores e Innovadores 2015
Funders :
Colciencias [CO]
Available on ORBi :
since 09 November 2020

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