CONCENTRATION AND COMPETITION OF CONTAINER PORTS IN TURKEY: A STATISTICAL ANALYSIS
Abstract
Literature implies that in developing countries, the level and nature
of public investments should be adjusted to stimulate private investments for
economic growth. This study aims to assess the outcome of Turkey’s recent
privatization process by analyzing the industry concentration and
competition in the specific context of container ports. For this purpose, the
concentration dynamics of Turkish container ports are examined by applying
statistical measures of market concentration and competition throughout the
port privatization period. The statistical findings of this study suggest that the
recent port privatizations have been successful in stimulating private
investments and competition. However, for the post-privatization
performance, macro-economic and institutional factors are influential.
Therefore, the continuous improvements in the port policy and regulatory
framework are required for using the competitive advantage of the
newcomers to the sector as a future advantage for Turkey’s global
competitiveness.
Keywords
Public-private investment, container ports, concentration, competition, turkey
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