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http://dx.doi.org/10.5394/KINPR.2014.38.6.701

An Influence Analysis of Port Hinterlands on Container Cargo Volumes of Incheon Port Using System Dynamics  

Kim, Young-Kuk (Graduate school of Logistics, Incheon University)
Jeon, Jun-Woo (Graduate school of Logistics, Incheon University)
Yeo, Gi-Tae (Graduate school of Logistics, Incheon University)
Publication Information
Journal of Navigation and Port Research / v.38, no.6, 2014 , pp. 701-708 More about this Journal
Abstract
This study is aimed to obtain the influence of port hinterlands on container cargo volumes of Incheon port using System Dynamics(SD). Also, macro economic index such as exchange rates(US dollar), balance of current account, capital balance, Japan trade, China trade, export unit value index, import unit value index, total turnover of Incheon port were used as the factors that influence container cargo volumes of Incheon port. Moreover micro index regarding port hinterlands' operating companies such as total sales, rental fee, number of employees were introduced in the simulation model. In order to measure accuracy of the simulation, this study implemented MAPE analysis. And after the implementation, the simulation was decided as a much more accurate model because MAPE value was calculated to be within 10%. This study respectively examined factors using the sensitivity analysis. As a result, in terms of the effects on cargo volume in Incheon Port, the factor named 'cargo volumes of port hinterlands' operating companies' is most significant. And increasing the rental fee of hinterland was resulted in decreasing the cargo volumes of Incheon port.
Keywords
incheon port; port hinterland; cargo volumes; system dynamics; sensitivity analysis; causal relationship;
Citations & Related Records
Times Cited By KSCI : 7  (Citation Analysis)
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