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A Study on Integrated Management Strategy of Busan and Gwangyang Container Ports  

Yeo, Hee-Jung (계명대학교 국제통상학과)
Koo, Jong-Soon (충남대학교 무역학과)
Publication Information
Journal of Korea Port Economic Association / v.27, no.3, 2011 , pp. 113-134 More about this Journal
Abstract
The purpose of this paper is to analyze the efficiency of integrated management strategy between Busan and Gwangyang ports through considering the integrated management strategy of ports in China and Japan. The reason we selected Busan and Gwangyang ports is that these two ports are a major port which is possible to be an Asia hub port by the policy of Korean government, but these two ports are concerned that they are able to lose their competitiveness by excessive competition. Therefore, we attempted to analyze the integrated management strategy of China and Japan and then we examined the effectiveness of integrated management between Busan and Gwangyang ports. For empirical study, we assumed that the co-management of these two ports will enhance the port performances. And a comparative study has been conducted with 25 Asian ports by using Data Envelopment Analysis (DEA) method. We also tried to compare the efficiency between before integrated management and after integrated management of these two ports. The result of analysis indicates that the port performance of these two ports has been increased slightly in integrated management system, but the efficiency of these two ports is still lower than other competitors such as Chinese and Japanese ports. It means that there exists inefficiency in management of these two Korean ports because Korean ports are already reached into the economies of scale. Therefore, the strategies for improving of port performances are required to survive against competition.
Keywords
Integrated Management of Ports; Co-opetition; Port Efficiency; DEA;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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