The Different Regulation Policies of Specific Port Operations
Jiana Liu
Abstract
Jiana Liu
Abstract
The port industry is the strategic infrastructure of national economy and the important part of the reform of natural monopoly industry.The traditional views on port industry make it's development was accompanied by public operation and strict regulation,but this model created many kinds of government failures which means the high costs and low efficiency of port services.Based on the economic characters such as natural monopoly of port industry,it is easy to think that port should be regulated.But in fact,port operations should be classified to identify the characters accurately.Based on the regulation demand of port operation fields,the different regulation policies should be carried out in the course of regulation reform.Based on the classification of the different part of port sector,this paper raised the basic model of regulation reform to support the implement of port privatization,which is maintain the implicit regulation and introduce access pricing regulation in the natural monopoly link,deregulation and enhance competition in the competitive link,and introduce incentive regulation in the intermediate area.
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The port industry is the strategic infrastructure of national economy and the important part of the reform of natural monopoly industry.The traditional views on port industry make it's development was accompanied by public operation and strict regulation,but this model created many kinds of government failures which means the high costs and low efficiency of port services.Based on the economic characters such as natural monopoly of port industry,it is easy to think that port should be regulated.But in fact,port operations should be classified to identify the characters accurately.Based on the regulation demand of port operation fields,the different regulation policies should be carried out in the course of regulation reform.Based on the classification of the different part of port sector,this paper raised the basic model of regulation reform to support the implement of port privatization,which is maintain the implicit regulation and introduce access pricing regulation in the natural monopoly link,deregulation and enhance competition in the competitive link,and introduce incentive regulation in the intermediate area.
Key concepts: Natural monopoly, Port (circuit theory), Deregulation, Monopoly, Incentive, Competition (biology), Industrial organization, Government (linguistics)