Abstract
Public service sectors have been a common topic for the study of the theory of economic regulation due to the natural monopolistic tendencies they pose. The study attempts to model regulatory capture by examining the impact of regulation and corruption on efficiency in one of these public service sectors, the port sector. The empirical analysis focuses on the port sector of the Philippines and its central port authority, the Philippine Ports Authority. Employing a regression analysis on a limited time series dataset from 1990 to 2018, we show that, while controlling for relevant factors, corruption has significant negative influence on port efficiency.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
