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Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46944

Title: Comparing the Efficiency Between Alliance Member Liner Carriers and Independent Liner Carriers: An Application of a Metafrontier Framework
Authors: Shih-Liang Chao
Chun-Wei Lai
Contributors: 國立臺灣海洋大學:航運管理學系
Keywords: Strategic alliances
Liner carriers
Metafrontier analysis
Malmquist productivity index
Date: 2017
Issue Date: 2018-06-14T02:43:55Z
Publisher: Maritime Economics & Logistics
Abstract: Abstract: The liner shipping market is dominated by a few global carriers. Thegreat majority of them have joined forces in strategic alliances while some othersare opting to operate independently. This study aims to identify the effect on effi-ciency of participating in an alliance. The period 2010–2012 has been examined.The leading carriers are divided into two groups: independents and alliance mem-bers. We apply the metafrontier approach to further decompose the Malmquistproductivity index. The results indicate that independent carriers outperformedalliance members in 2010; their independence was helpful in increasing spaceutilisation when demand was sufficient (in 2010). However, in the following2 years, the opposite was true, indicating that alliance members had higher flexi-bility in terms of adjusting surplus capacity by cooperating with other carriers whenthe imbalance between supply and demand was serious (in the period from 2011 to2012). The difference in efficiency between the two groups was shown to be sta-tistically significant. These results support the recent trend towards strongerstrategic alliances, from the perspective of higher efficiency.KeywordsLiner carriersStrategic alliancesContainerizationEfficiencymeasurementsMetafrontier analysis.
URI: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/46944
Appears in Collections:[航運管理學系] 期刊論文

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