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Estimating an Incheon New Ports' allotment rate for metropolitan cargo using Logit Model - Focusing on a trans pacific route -  

Lee, Yun Chan (인천대학교 동북아물류대학원)
Lee, Taehwee (인천대학교 동북아물류대학원)
Yeo, Gitae (인천대학교 동북아물류대학원)
Publication Information
Journal of Korea Port Economic Association / v.30, no.1, 2014 , pp. 143-157 More about this Journal
Abstract
Most metropolitan shippers (MS) have used trans pacific route (TPR) or Asia-Europe route (AEP) through Busan port (BP). If Incheon new port (INP) sets up the deep water-depths under -16m, however, there might be a change in MS's port choice behavior (PCB). In this respect, the aim of this paper is to estimate an INP's allotment rate for metropolitan cargo using Logit Model (LM) considering changing global shipping and port environment. This paper reviews previous studies related to shippers' PCB then sets up the utility function (UF) including the dummied dependent variable which is comprised of BP and INP, and some independent variables such as the frequency of liner shipping route (TPR), inland transportation fare, and the rate of container terminal service. As a result of LM analysis, BP has 0.6618 and INP has 0,3382.
Keywords
Incheon New Port; Logit model; Port Competition; Allotment rate of cargo;
Citations & Related Records
Times Cited By KSCI : 5  (Citation Analysis)
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