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An Efficiency Analysis for the Korea Container Terminals by the DEA/Simulation Approach  

Park, Byun-Gin (여수대학교 교통 물류학부)
Publication Information
Korean Management Science Review / v.22, no.2, 2005 , pp. 77-97 More about this Journal
Abstract
The traditional measures of a container port (or terminal) efficiency such as crane productivity, cargo throughput, etc. were generally presenting the partial efficiency since they evaluated only each individual factor and based on cross-sectional data. To overcome this problem, and in an effort to help port authorities develop a winning strategy in the increasingly competitive container transportation market, this Paper develops a meaningful set of benchmarks that will set the standard for best practices. In particular, this paper proposed a combined method to merge the DEA and simulation technique over time. To illustrate the usefulness of the proposed combined DEA/simulation model, this paper used the panel data of the four Gwangyang container terminals and seven Busan container terminals in Korea over the four-year period of 1999 through 2002.
Keywords
DEA; Container Terminal; Simulation; Efficiency; Inter-temporal; Window Analysis;
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