Table 3 Distance Elasticity of Port-Shipping Line Market Shares

Table
3 Distance Elasticity of Port-Shipping Line Market Shares

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Port-shipping line combinations 1 Chinese/ Dalian 2 Chinese/ Tianjin 3 Chinese/ Qingdao 4 Chinese/ Shanghai 5 Chinese/ other ports 6 Non-Chinese/ Dalian 7 Non-Chinese/ Tianjin 8 Non-Chinese/ Qingdao 9 Non-Chinese/ Shanghai 10 Non-Chinese/ other ports
1. Chinese/Dalian -6.206 0.283 0.283 0.283 0.283 0.256 0.256 0.256 0.256 0.256
2. Chinese/Tianjin 0.206 -3.542 0.206 0.206 0.206 0.186 0.186 0.186 0.186 0.186
3. Chinese/Qingdao 0.241 0.241 -4.405 0.241 0.241 0.218 0.218 0.218 0.218 0.218
4. Chinese/Shanghai 0.208 0.208 0.208 -4.122 0.208 0.189 0.189 0.189 0.189 0.189
5. Chinese/other ports 3.665 3.665 3.665 3.665 -15.433 3.318 3.318 3.318 3.318 3.318
6. Non-Chinese/Dalian 0.830 0.830 0.830 0.830 0.830 -5.930 0.830 0.830 0.830 0.830
7. Non-Chinese/Tianjin 0.640 0.640 0.640 0.640 0.640 0.640 -3.409 0.640 0.640 0.640
8. Non-Chinese/Qingdao 0.750 0.750 0.750 0.750 0.750 0.750 0.750 -4.231 0.750 0.750
9. Non-Chinese/Shanghai 0.620 0.620 0.620 0.620 0.620 0.620 0.620 0.620 -3.950 0.620
10. Non-Chinese/other ports 1.092 1.092 1.092 1.092 1.092 1.092 1.092 1.092 1.092 -16.604

Note: The table shows the elasticity of market shares of the port-shipping line combination shown in the column with respect to a 1% change in the distance of the shipper (using a particular type of shipping line) from the port shown in the row.