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A Study on the Competitiveness of Terminals in Busan and Shanghai Ports using TOPSIS  

Kim, A-Rom (한국해양대학교 해운경영학부)
Kim, Kwang-Hee (동명대학교 해운경영학과)
Publication Information
Journal of Korea Port Economic Association / v.33, no.2, 2017 , pp. 19-32 More about this Journal
Abstract
This study aims to (1) investigate the main factors for the evaluation of port competitiveness through a literature review; (2) compare each terminal's competitiveness in Busan and Shanghai ports using TOPSIS methodology; (3) determine how to improve Busan port competitiveness. TOPSIS analysis of throughput shows that the terminals in Shanghai (SMCT, SGICT) are competitive. Shanghai is ranked first in both the port physical analysis (SMCT) and the financial one (SSICT). Total competitiveness analysis shows that Shanghai terminals (SSICT, SMCT, and SGICT) are more competitive than the ones in the Busan port. In this analysis, the SSICT ranks the top terminal in port physical and financial categories, while the SMCT ranks the first terminal in terms of throughput. The results of this study provide important policy implications for the Busan port, whose international status as a transshipment port and international logistics hub has lowered, and whose recent growth is slower than that of the competing international ports.
Keywords
Port Competitiveness; Busan Port; Shanghai Port; Container Terminal; TOPSIS;
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Times Cited By KSCI : 4  (Citation Analysis)
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