• Title/Summary/Keyword: Logistics Infrastructure

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A Study on the Causal Relationship between Logistics Infrastructure and Economic Growth: Empirical Evidence in Korea

  • Wang, Chao;Kim, Yul-Seong;Wang, Chong;Kim, Chi Yeol
    • Journal of Korea Trade
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    • v.25 no.1
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    • pp.18-33
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    • 2021
  • Purpose - This paper investigates the causal relationship between logistics infrastructure development and the economic growth of Korea. Considering the industrial and economic structure of Korea, it is likely that logistics infrastructure is positively associated with the economic growth of the country. Design/methodology - The causal relationship between logistics infrastructure and economic development is estimated using Vector Autoregressive (VAR) and Vector Error Correction Model (VECM) considering long-run equilibrium between the two factors. To this end, a dataset consisting of 7 logistics infrastructure proxies and 5 economic growth indicators covering the period of 1990-2017 is used. Findings - It was found that causality, in general, runs from logistics infrastructure development to economic growth. Specifically, the results indicate that maritime transport is positively associated with the economic growth of Korea in terms of GDP and international trade. In addition, other modes of transport also have a positive impact on either the GDP or international trade of Korea. Originality/value - While existing studies in this area are based on either regional observations or a specific mode of transport, this study presents empirical evidence on causality between logistics infrastructure and the economic growth of Korea using a more comprehensive dataset. In addition, the findings in this paper can provide valuable implications for transport infrastructure development policies.

The Logistics Infrastructure for the Exploitation of Saemangeum New Port (새만금 신항 개발을 위한 물류인프라 구축방향)

  • Hwang, Ho-Man
    • Journal of Korea Port Economic Association
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    • v.25 no.4
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    • pp.63-82
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    • 2009
  • The purpose of this study is to construct the logistics infrastructure for the exploitation of Saemangeum New Port that will be constructed in near future. To accomplish the purpose, this paper grasp the change of port logistics circumstances firstly. find out the project of the new port and construct the logistics infrastructure for the new port with the basic facts of the port competitiveness. The construction of the logistics infrastructure for the exploitation of Saemangeum New Port will be conducted as follows ; (1) Construction of logistics environment (2) Planning the port marketing for the extension a logistic market share (3) Construction of logistics chain and IT Network and finally (4) Construction of logistics community.

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Ecological and Economic Aspects of Innovative Development of Urban Logistics Infrastructure Taking Considering Pandemic Constraints

  • Rusanova, Svitlana;Kuzkin, Olexiy;Melkonov, Hryhorii;Lavrushchenko, Yuliana;Kuzmenko, Oksana;Zhurian, Viktoriia
    • International Journal of Computer Science & Network Security
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    • v.22 no.3
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    • pp.9-16
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    • 2022
  • The relevance of the topic is determined by the existence of inconsistencies between economic and environmental aspects of innovative development of urban logistics infrastructure, as well as the conflict of public, state and private commercial interests in this issue. The purpose of the article is to determine the principles and effective tools for innovative development of urban logistics infrastructure, taking into account pandemic constraints. The influence of the environmental aspect on the dynamics of transport flows was analyzed in detail and characterized, the scheme of determining the optimal solution for the development of the city was proposed considering the compromise between economic and ecological interests of society, state and business entities. A scheme of innovative development of urban logistics infrastructure under pandemic constraints was also developed. Materials of the article are relevant for developers of city plans, managers of urban logistics infrastructure, employees of enterprises participating in transport and logistics markets, scientists, and doctoral students.

Evaluation of Logistics Infrastructure of Container Terminals in Northern Vietnam

  • Nguyen, Minh Duc;Kim, Sung-June;Jeong, Jung Sik
    • Journal of Navigation and Port Research
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    • v.40 no.5
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    • pp.305-310
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    • 2016
  • The sea-port in Northern Vietnam accounts for around one third of the total country's cargo throughput and for many decades has been playing an important role in the logistics system of the country. 11 container terminals currently operate in Northern Vietnam, concentrating in Haiphong city and Quang Ninh province. Despite the increasing demand, the competition among these container terminals has become increasingly more critical. In recent years, massive investments from both government and operators have been made to improve the capability of the local sea-port's logistics infrastructure. This critically needed comprehensive research evaluates the impact of the current logistics infrastructure condition on the competitiveness of terminals and quantitatively compares the competencies of these terminals. In order to meet such requirements, the paper first summarizes the indicators of the logistics infrastructures of the sea ports before developing and testing hypotheses to reveal the correlation between the given factors and the annual throughput of container terminals in the region. Factor analysis will then be applied to score the logistics infrastructure competency of each container terminal. A significant gap between logistics infrastructures among all container terminals was not observed and the competitiveness between container terminals is mostly driven by traditional activities including cargo handling and storage. According to the results, strategic thinking will be needed to contribute to related organizations for better decisions in investment, management, and operation.

The Impact of Logistics Infrastructure Development in China on the Promotion of Sino-Korea Trade: The Case of Inland Port under the Belt and Road Initiative

  • Wang, Chao;Chu, Weilong;Kim, Chi Yeol
    • Journal of Korea Trade
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    • v.24 no.2
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    • pp.68-82
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    • 2020
  • Purpose - This study investigates the impact of inland port development in China on the promotion of bilateral trade flows between China and South Korea. Design/methodology - The probable association between the establishment of inland ports and Sino-Korea trade was estimated using gravity models. In this regards, two sets of data were collected. The first dataset consists of the baseline variables of a gravity model, while the second one includes variables of logistics infrastructure development. The indicators of logistics infrastructure development include inland ports, the amount of government expenditure on transport infrastructure, the lengths of roads and railways, the number of trucks and the number of logistics industry workforce. Findings - The results show that inland port development has a positive impact on facilitating bilateral trade between China and South Korea. However, the positive association holds only for Chinese regions with a large trade volume and a proximity to seaports. In other regions, the impact of inland ports is not statistically significant. Originality/value - To the best knowledge of the authors, this study is the first attempt to explore the economic impact of inland ports in China. In addition, the findings in this paper provide both policy and managerial implications for the future development of inland ports, such as the strategic location of inland ports and integrated intermodal operations.

Factor analysis on logistics infrastructure of container terminals in Northern Vietnam

  • Nguyen, MinhDuc;Kim, Sung-June
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2016.05a
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    • pp.141-142
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    • 2016
  • Port in Northern Vietnam has been playing an important role in the logistics system the country. In recent years, the cargo throughput of the region, especially, containerized cargo has increased gradually. There are totally 11 container terminals in Northern Vietnam, concentrating in Haiphong city and Quang Ninh province. Despite of increasing demand, the competition among the terminals is becoming more and more critical. The paper, firstly, summarizes factors impacting the market share of the terminals before reveal the correlation between given factors and annual container throughput. Factor analysis will be then applied to evaluate the level of terminals' logistics infrastructure. For the conclusion, strategic thinking of terminals' logistics competitiveness will be contributed to related organizations.

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A Survey on the Shipping and Port Logistics Industry in Busan, and Establishment of Its e-Logistics Infrastructure (부산지역 해운.항만업체 총조사와 e-Logistics 인프라 구축에 관한 연구)

  • 노흥승;이재원
    • Journal of Korea Port Economic Association
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    • v.17 no.2
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    • pp.167-182
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    • 2001
  • The government of Busan Metropolitan City conducted the "Survey on Shipping and Port Logistics Companies in Busan" between May and December, 2000. This was the first comprehensive survey of Busan Port conducted from the perspective of regional & industrial economics. The objective of the survey was to find out the level of influence of the shipping and port logistics industry on the regional economy of Busan, and to obtain base data for use in establishing an actual promotion program. The survey acquired information about human and physical resources, management conditions and consciousness of the industry, In addition, the study analyzed the survey data. The results of the analysis showed a method of creating added value in support of the marketing activities of the companies, and indicated methods of achieving systematic and sustainable promotion. The government of Busan City shall develop an e-Logistics infrastructure which can deliver a synopsis and intelligent information to people and companies in the industry by the end of this year. The information system would be of great help for people who may not be familiar with Busan's port and shipping industry, particularly international shipping companies. This will result in an Increase of trade and exchange in the shipping and port logistics industry, resulting in the generation of increased added value within the near future.

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A Study on Effect of Transportation Mode Selection Factors of Indonesian Export Companies on Logistics Performance (인도네시아 수출기업의 운송수단 선택요인이 물류성과에 미치는 영향에 관한 연구)

  • Choe, Song-Hui
    • Journal of Korea Port Economic Association
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    • v.34 no.2
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    • pp.83-96
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    • 2018
  • The improvement in logistics competitiveness is the key element of corporate competitiveness in the era of severe competition among companies and high oil prices due to globalization. For this reason, this study analyzed the effect of transportation mode selection factors of Indonesian export companies on the logistic performance in accordance with the logistics environment. The results of the analysis show that only the cargo characteristics, which are the transportation mode selection factor of export companies, had a significant effect on logistics; the services, time, and expenses, on the other hand, had no effect on logistics performances. This result reflects the poor logistic infrastructure of Indonesia. While the export company considers service, time, and expenses when choosing transportation mode, it had no effect on logistic performances due to poor logistic infrastructure. The poor logistic infrastructure of Indonesia has caused a rise in the overall logistic expenses of companies due to excessive transportation time over the transportation distance, unavailability of on-time acceptance and delivery, and increase in the transportation expenses and subsidiary expenses. These are also the factors that decrease the competitiveness of export companies and affect the promotion of the manufacturing industry and foreign investment for the purpose of job creation and industrialization by the Indonesian government. Therefore, the logistics infrastructure must be improved initially. This study determines various points in terms of the logistics infrastructure environment of Indonesia, a developing country, using previous studies and provides their implications.

A Study on Logistics Integration Strategies of Korean Shipping Companies (국내 해운기업의 물류통합 전략에 대한 연구)

  • Hyung-Jin Chun
    • Korea Trade Review
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    • v.47 no.5
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    • pp.181-200
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    • 2022
  • After the COVID-19 pandemic, a global economic downturn and a recession in the shipping market are expected, it is important for domestic shipping companies to establish appropriate strategy in response to the recession. Accordingly, domestic shipping companies should grow into integrated logistics companies that combine shipping and logistics in the future. And for this purpose, it is necessary to actively promote logistics integration with external shipping and logistics companies. This paper presents the direction of logistics integration for domestic shipping companies to develop as integrated logistics operators with competitiveness in the global shipping market, and presents detailed alternatives. Domestic shipping companies lack the infrastructure such as ships, port terminals, and warehouses, so they have a weak capacity to independently promote logistics integration. At the shipping company level, a logistics integration promotion strategy should be established, and accordingly, logistics infrastructure, service network, and logistics integration operating system should be established. The government should provide tax benefits for logistics integration, financial support for M&As led by domestic shipping companies, a standardized information sharing system, and preparation of educational courses for nurturing digital manpower.

A Study on the Improvement of the Korean Industrial Standards Related to Logistics Centers : Based on Logistics Activities and Infrastructures (물류센터의 물류활동과 인프라를 고려한 한국산업규격(KS)의 개선방향에 대한 연구)

  • Son, Byung-Suk
    • Journal of Korea Port Economic Association
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    • v.27 no.1
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    • pp.31-54
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    • 2011
  • This paper classifies and defines the infrastructure factors required to performance various logistics activities in domestic logistics centers as base facility, logistics facility, logistics equipment and operation system. The classification of infrastructure factors in this research provide the standard to be able to identify which infrastructure influence on logistics activities directly or indirectly. Also, this paper reviews Korean industrial Standards('KS') related to logistics center and then suggests the reformation of KS reflected on the logistics activities and infrastructures with field-study(321 domestic centers) and advisory meeting1). This review and suggestion can increase the low awareness and use of KS. Lastly, this paper can contribute to increase the effective of logistics centers' plan and operation by providing the improvement direction of KS regarding to logistics centers.