• Journal of Korea Port Economic Association
• /
• v.24 no.1
• /
• pp.41-60
• /
• 2008

Korea has been doing a two-port system as a main port development policy and developing the port of Busan and Gwangyang as the transshipment hubs in the northeast Asia. However, the growth rate of the transshipment container volume of the Gwangyang port in 2007 was sharply dropping more than 31.4%. The reasons why reduced the growth rate of transshipment cargo were from the port development in north China and the direct callings of ships. Therefore, it is time to evaluate the transshipment hub port policy of Korea. This study would recognize the decision criteria of shipping companies as customers for the transshipment hub in the northeast Asia by the AHP methodology based on Lirn et al. (2004). It has been known the costs of shipping companies and port location as the main first tier criteria for transshipment ports, and container handling charges, closeness to the main navigation route, carriers' strategy, and nearness to the feeder ports as the important second tier factors. Finally, the domestic terminal operating companies would focus on only a few attributes including the terminal cost factor, but the international shipping companies would be considering more several factors than they do. Therefore, the transshipment port strategy should be enriched in the near future.

• Journal of Korea Port Economic Association
• /
• v.26 no.3
• /
• pp.175-197
• /
• 2010

The purpose of this paper is to develop a new strategy from a different angle to become a preferred transshipment hub for sustainable growth. This study would derive new competitive factors through the case study on a global carrier 'A' who shows constant growth in transshipment via Busan and the questionnaire survey was conducted. As to analysis results by matrix, Busan Port needs to strengthen its competitiveness against North China ports due to less local import/export cargo volume and less government support while North China ports continue to be developed with incremental direct calling and government's flexible cabotage rule.

• Journal of Korea Port Economic Association
• /
• v.23 no.4
• /
• pp.178-195
• /
• 2007

The purpose of this study is to suggest the new port development concepts in relation to the Mokpo port development. To analysis, we examine the relationship between the trade volumes which the port have and the capacities of the port facilities with 8 Korean seaport data. As a result of analysis, the trade volumes of port were found to be the major factors positively influencing the capacities of the port facilities in Korean ports. This findings shows that Mokpo port which trying to increase the trade volumes should have the new alternatives for Mokpo regional development. The new alternatives on the Mokpo Port's development are the model which constructing the Free Trade Zone(FTZ) and port city.

• Journal of Korea Port Economic Association
• /
• v.24 no.3
• /
• pp.1-22
• /
• 2008

This paper deals with the waterfront development in Gwangyang Port (GP), Korea. This study aims to identify the waterfront development type and suggest its policy direction of international GP, Korea. It consists of three main sections: basic theory of port waterfront development, analysis of the experiences in port waterfront development, and the type and its policy directions of waterfront development in GP. This research is mainly based on a review of current reports / papers, an analysis of secondary data and a consultation with related experts. Port waterfront is an important area for increasing Gwangyang's attractiveness and strengthening its competitiveness. Considering port function in urban area, Gwangyang should thus implement the comprehensive plan for the port waterfront.

• Journal of Korea Port Economic Association
• /
• v.35 no.1
• /
• pp.19-38
• /
• 2019

The Seosan-Daesan Port is closest to the major ports of China; hence, it is recognized as the ideal port for trade with China. Well-developed industrial infrastructure in its hinterland, including petrochemical, automotive, and electronic component complexes and recent developments of port facilities that aim to strengthen its function as a commercial port clearly highlight the necessity to develop it as a comprehensive port by building a marine industrial cluster. In this study, prerequisites for marine industrial cluster development in Seosan-Daesan Port are identified; they include the following. First, the conditions to be met for being designated a marine industrial cluster should be amended; Second, the central government should delegate authority to local governments to ensure the development of marine industries; Third, changes related to marine industrial cluster development in the governance structure of local governments (Seosan City and Chungnam Province) are required; and Last, a consultative body should be established to facilitate discussions on developing a marine industrial cluster in Seosan-Daesan Port and build public consensus.

• The Journal of The Korea Institute of Intelligent Transport Systems
• /
• v.19 no.6
• /
• pp.180-191
• /
• 2020

This study analyzes factors that affect average daily travel time budgets, using the Time Use Survey data from 1999 to 2014 in Seoul. We first developed multivariate regression models for travel time from each year, considering demographic and socio-economic variables as well as non-home activity time. The model results showed that household and personal characteristics and non-home activities significantly affect travel time, and their effects are different over time. In addition, we developed seemingly unrelated regression (SUR) models for time allocation for non-home activity and travel, considering their correlations, and explanatory variables were compared over time. Overall, demographic and socio-economic variables significantly affect travel time as well as non-home activity time.

• Journal of Korea Port Economic Association
• /
• v.38 no.2
• /
• pp.109-121
• /
• 2022

Notwithstanding the importance of investigating the perception of residents in the seaport neighborhood area on the socio-economic effects of a seaport, so far few studies examined it. Accordingly, this study aims to examine the impact of Busan New Port on neighborhood area by conducting in-depth interviews with various stakeholders including residents as a qualitative case study. To conduct systematic interviews, the semi-structured interview questionnaires were prepared. Total 13 interviews were conducted. According to the results, there are some positive socio-economic impacts of seaport on neighborhood area, and also some negative socio-economic impacts exist. The results of this study can help port policy makers to formulate future port policy.

• Journal of Korea Port Economic Association
• /
• v.38 no.2
• /
• pp.123-138
• /
• 2022

Korea has been huge investments in its port system, annually upgrading its infrastructure to turn the ports into Asian hub port. However, while Busan port is ranked fifth globally for container throughput, Other Korean ports are ranked much lower. This article applies Data Envelopment Analysis (DEA) and Malmquist Productivity Index (MPI) to evaluate selected major Korean seaports' operational efficiency and productivity from 2010 to 2018. It further integrates Principal Component Analysis (PCA) into DEA, with the PCA-DEA combined model strengthening the basic DEA results, as the discriminatory power weakens when the variable number exceeds the number of Decision Making Units(DMU). Meanwhile, MPI is applied to measure the seaports' productivity over the years. The analyses generate efficiency and productivity rankings for Korean seaports. The results show that except for Gwangyang and Ulsan port, none of the selected seaports is currently efficient enough in their operations. The study also indicates that technological progress has led to impactful changes in the productivity of Korean seaports.

• International Area Studies Review
• /
• v.13 no.2
• /
• pp.311-368
• /
• 2009

In order to survive the on-going natural resource war, Korea needs various efforts such as enhancing self-exploitation ratio, increasing the supply of new-reuse energy, strengthening cooperation with resource rich countries. Central Asian countries are geometrically far away from Korea. However, Korea should try to develop political, economic and ethnic relationship with those countries into much higher dimension to secure various natural resources. Major countries including U.S., EU. Japan and China are approaching Central Asian countries with long term perspective. Improving country-image through enlargement of ODA is the first concern of those countries. Korea should try to follow their practices. Government should try to improve Korea's image in the first place and lead economic cooperation with very detailed supportive measures to induce Korean firms' investment into the Central Asian countries. In the due process, a lot of information about those countries' political climate, social situation, ethnical composition, major religions, educational system, current state and structure of economies and industries, etc should be made available to Korean firms.

• Korea and Global Affairs
• /
• v.3 no.2
• /
• pp.59-86
• /
• 2019

This study explores "4.27 Panmunjom Declaration" and "9.19 Pyongyang Declaration" for the peace and prosperity of the Korean Peninsula in terms of inter-Korean exchanges and scrutinizes the Declarations in conjunction with the New Economic Initiative of the Korean Peninsula. The leadership of President Moon Jae-in pursues the value of the "peaceful and prosperous Korean Peninsula" of which pre-requisite and requirement are exchanges and cooperation between South and North Koreas. The New Economic Initiative of the Korea Peninsula for economic prosperity proposed in the inter-Korean summit premises complete denuclearization in the Peninsula. It is accentuated that the Initiative provides a new tonic impetus to the Korean economy in recession, and simultaneously, shapes a necessary foundation for the economic development of North Korea. The Initiative with connotation of the two Korea's mutual opulence aims at proceeding to a new Korean Peninsular system. The new system implies the new peace-cooperative community where confrontation and discord are ceased, and the new economic-cooperative one where the age of ideological rivalry comes to an end. The two Koreas have to lead the new age of peaceful and prosperous Northeast Asia as a buffer zone of peace.