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http://dx.doi.org/10.5394/KINPR.2009.33.1.091

A Study on Competition Structure among Domestic Container Ports  

Lee, Ji-Hoon (Busan Development Institute)
Kim, Yul-Seong (Busan Development Institute)
Shin, Chang-Hoon (Department of Logistics Engineering, Korea Maritime University)
Publication Information
Journal of Navigation and Port Research / v.33, no.1, 2009 , pp. 91-98 More about this Journal
Abstract
Busan port, which had ranked at 3rd busiest port following Singapore and Hong Kong in 2002, has been nudged out of 5th place. Growth of China ports threatens Korea ports to be a hub port in Far East Asia. Therefore, Korea ports are needed to establish competitive strategies to overcome a crisis of local ports. In this paper, the question, 'Who is my competitor?' is examined There is a different aspect between this work and many studies that has been done before, because the fore studies focused on the competitive factors or port efficiencies. Above all, the meaning of competition among ports has been summarized through existing literatures. Next. the competition structure among ports is researched, based 0/1 import-export traffic of five local ports including Busan.
Keywords
Container Port; Competition Structure; Vector Error Correction Model;
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