DOAJ Open Access 2025

On measuring competition in the ship management industry

Antonis A. Michis

Abstrak

Abstract We propose a revenue test model for measuring the level of competition in the ship management industry. In addition to revenues, the model incorporates information on the structure of expenditures required in ship management operations to estimate the Panzar–Rosse H-statistic emphasizing crew, technical and administrative expenses. Estimation results using data for Cyprus’s ship management industry for the period 2011–2023, suggest a market structure compatible with monopolistic competition. Furthermore, crew expenses provided the highest input factor elasticity and vessel portfolio size the most important revenue driver in the estimation procedure.

Topik & Kata Kunci

Shipment of goods. Delivery of goods Transportation and communications

Penulis (1)

Antonis A. Michis

Format Sitasi

APA MLA BibTeX

Michis, A.A. (2025). On measuring competition in the ship management industry. https://doi.org/10.1186/s41072-025-00199-y

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Informasi Jurnal

Tahun Terbit: 2025
Sumber Database: DOAJ
DOI: 10.1186/s41072-025-00199-y
Akses: Open Access ✓