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http://dx.doi.org/10.5394/KINPR.2015.39.3.267

The Effects of the Port Logistics Industry on Port City's Economy  

Kim, Sang-Yeol (Graduate School of International Studies, Pusan National University)
Park, Ho (Busan Development Institute)
Koo, Han-Mo (Department of Shipping Management, Korea Maritime and Ocean University)
Ryoo, Dong-Keun (Division of Shipping Management, Korea Maritime and Ocean University)
Publication Information
Journal of Navigation and Port Research / v.39, no.3, 2015 , pp. 267-275 More about this Journal
Abstract
Port Logistics Industry plays a crucial role in trade creating added value, and contributes greatly in economic growth of a nation. Multitude of studies have been conducted to develop this industry as a means of intensifying national competitiveness. In line with this trend, this study aims to examine the effect of the Port Logistics Industry on the regional economy focusing on Ulsan, and also compare the industry among five port cities by using Korean Standard Industrial Classification (KSIC) Rev. 9 and 2010 Economy Census. The results of this study demonstrate that the Port Logistics Industry has significant regional employment rate and economic importance, showing the high number of workers (11.7%) and sales (13.1%) in 2010. According to the comparison among five port cities between 2007 and 2011, the increase of annual average in the number of companies of Gwangyang (5.72%) and Ulsan (4.23%) is higher than the national average (1.74%), and Ulsan (23.82%) and Pyeongtaek (25.74%) show high increase of annual average in the number of workers.
Keywords
Port Logistics Industry; Port City's Economy; KSIC; Ulsan Port; Economic Impact;
Citations & Related Records
Times Cited By KSCI : 12  (Citation Analysis)
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