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Any Port in a Storm? The Impact of New Port Infrastructure on New Zealand Exporter Behaviour
Abstract
This paper investigates the impact of port infrastructure on exporter behaviour, focusing on the opening of Metroport, a new inland port in Auckland. We model adoption of the new port facilities among local firms, and then relate uptake to future export growth performance. We find that the main determinants of uptake are product- and fi rm-related, rather than location-speci fic. Firms use the new port infrastructure in conjunction with the existing port in order to mitigate capacity constraints and/or access a greater range of transport options. We take early adoption of Metroport as a signal of an existing capacity constraint and analyse the e ffect of the new port on subsequent export growth, finding a positive but insigni cant impact on export volumes.
Citation
Fabling, Richard, Arthur Grimes and Lynda Sanderson. 2011. "Any Port in a Storm? The Impact of New Port Infrastructure on New Zealand Exporter Behaviour," Reserve Bank of New Zealand Discussion Paper DP2011/01, Reserve Bank of New Zealand, Wellington. Available online at http://www.rbnz.govt.nz/research/discusspapers/dp2011.html
Motu code: MYS0198
JEL codes: D22, F10, H54