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9 September 2019 Measuring Seaport Enterprise Production Overcapacity: A Cobb-Douglas Product Function Based Study
Yan Li, Xinquan Ge, Yin Hang, Xinyu Liu
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Abstract

Li, Y.; Ge, X.; Hang, Y., and Liu, X., 2019. Measuring seaport enterprise production overcapacity: A Cobb-Douglas product function based study. In: Gong, D.; Zhu, H., and Liu, R. (eds.), Selected Topics in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 94, pp. 422–428. Coconut Creek (Florida), ISSN 0749-0208.

This paper collects eight years of data from 2007 to 2014 from seven major types of registered seaport enterprise s in Shandong Province in China, by using the production function method to calculate seaport enterprise s' capacity utilization performance, and further analyze and compare difference between different types of seaport enterprise s. In terms of capacity utilization distribution, the current overcapacity phenomenon is more concentrated in large and medium-sized state-owned seaport enterprise s. In the new round of de-capacity progress, state-owned seaport enterprise s will face greater pressure. In the 13th Five Year Plan period, actively and properly handle this overcapacity issue existing in seaport enterprise swill be significant for economy to maintain a medium and high growth speed.

©Coastal Education and Research Foundation, Inc. 2019
Yan Li, Xinquan Ge, Yin Hang, and Xinyu Liu "Measuring Seaport Enterprise Production Overcapacity: A Cobb-Douglas Product Function Based Study," Journal of Coastal Research 94(sp1), 422-428, (9 September 2019). https://doi.org/10.2112/SI94-084.1
Received: 16 March 2019; Accepted: 20 April 2019; Published: 9 September 2019
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KEYWORDS
capacity utilization rate
function method
production
Production overcapacity
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