alexa Analysis of Market Structure and Passenger Transportation Performance: Case Study of Nong Khai Custom House, Thai-Loas Friendship Bridge, Nong Khai Province
ISSN: 2162-6359

International Journal of Economics & Management Sciences
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Research Article

Analysis of Market Structure and Passenger Transportation Performance: Case Study of Nong Khai Custom House, Thai-Loas Friendship Bridge, Nong Khai Province

Thanet Wattanakul1* and Sakkarin Nonthapot2

1Assistant Professor Ph. D, Head of Humanities and Applied Social Sciences Department, Lecturer of Economics, School of Economics, Khon Kaen University, Nong Khai Campus and Researcher, Indo-China Trade and Economy Research Division, Khon Kaen University, Thailand

2Lecturer of Economics, School of Economics, Khon Kaen University, Nong Khai Campus, Thailand and Researcher, Indo-China Trade and Economy Research Division, Khon Kaen University, Thailand

*Corresponding Author:
Thanet Wattanakul
Assistant Professor Ph. D
Head of Humanities and Applied Social Sciences Department
Lecturer of Economics, School of Economics
Khon Kaen University, Nong Khai Campus and Researcher
Indo-China Trade and Economy Research Division
Khon Kaen University, Thailand
Tel: 66832838855
E-mail: [email protected]

Received Date: December 10, 2013; Accepted Date: February 26, 2014; Published Date: March 10, 2014

Citation:Thanet and Sakkarin (2014) Analysis of Market Structure and Passenger Transportation Performance: Case Study of Nong Khai Custom House, Thai-Loas Friendship Bridge, Nong Khai Province. Int J Econ and Manage 3: ${articleUniqueNumber}. doi: 10.4172/2162-6359.1000164

Copyright: © 2014 Thanet Wattanakul et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

 

Abstract

This study aimed to examine the situation, general management and performance of the international private transportation services of passengers between Thailand and the Laos PDR at the Thai-Laos Friendship Bridge. Other objectives were to analyze the market structure, competition behavior and the results of passenger transportation industry’s performance. This study also aimed to propose policy recommendations in order to enhance efficiency and performance development. Both primary and secondary data were obtained by interviewing two entrepreneurs chosen by purposive sampling and analyzing monthly data obtained from related public and private organizations over the period July 2007 to June 2010. Entrepreneurs provided international bus services from cities within Thailand (Khon Kaen and Udon Thani) and the Lao PDR, regular shuttle buses at the bridge, and private hire vans and buses. The results showed two companies operating in an oligopolistic market structure. The performance of both companies is nearly the same. The efficiency index measurement utilized for both companies were the same; however the results were slightly different. The levels of technology application within both organizations were also similar. Policy recommendations for efficiency and performance development are as follows. Entrepreneurs should increase the frequency of services as well as the number and variety of vehicles available to passengers and each vehicle should run at full capacity. Improving the services to be more convenient in terms of the speed, safety and efficiency is also necessary.

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