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Estimating economic impacts of regulatory changes to U.S. port operations

Filetype[PDF-584.55 KB]


English
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  • Corporate Creators:
  • Subject/TRT Terms:
  • Resource Type:
    Research Paper
  • Corporate Publisher:
    John A. Volpe National Transportation Systems Center (U.S.)
  • NTL Classification:
    NTL-MARINE/WATERWAYS TRANSPORTATION-Ports;NTL-MARINE/WATERWAYS TRANSPORTATION-Marine Laws and Regulations;NTL-MARINE/WATERWAYS TRANSPORTATION-Marine Economics and Finance;NTL-MARINE/WATERWAYS TRANSPORTATION-MARINE/WATERWAYS TRANSPORTATION;
  • Abstract:
    This report describes a framework constructed to assist in understanding the long run

    impacts of regulations proposed by the US Coast Guard on domestic marine ports. The

    port impacts considered pertain to cost, time and reliability. These three factors have a

    direct bearing on demand for port services and should therefore be considered as part of

    an assessment of the consequences of proposed regulations. The role of ports in the

    global supply chain is significant and rapidly evolving. Actions taken through

    regulations that affect demand for port services have direct implications for international

    trade and, consequently, the nation’s economic well-being.1 These relationships are the

    subject of this report. As such, it forms part of an effort by the USCG Office of

    Standards Evaluation and Development to enhance the process of performing regulatory

    evaluations, as required by the White House Office of Management and Budget (OMB).2

    This framework focuses on the container port sector of the overall port industry. This is

    done to make the analysis more manageable, but also in recognition of the fact that this

    sector has been the principal driver of the changes in ports and, as a result, supply chain

    management, over the last 20 years.

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