• Title/Summary/Keyword: Port's Impacts

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U.S. Port Investment Strategies and the Corresponding Economic Impacts Stemming from the Panama Canal Expansion

  • Park, ChangKeun
    • Asian Journal of Innovation and Policy
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    • v.10 no.2
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    • pp.195-211
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    • 2021
  • This paper measures the economic impacts of the U.S. port investment strategies coping with the Panama Canal expansion. Using secondary import data, negative and positive estimates of the impacts were presented in this study. Reduced port activities into the West Coast Customs Districts negatively affect transportation and warehousing industries, among other effects. Still, they have simultaneous positive effects in other states from increased imports resulting from modal shifts and changes in the entry port located in the South and East coasts. This study applied the supply-driven National Interstate Economic Model that measures all interstate trade among the U.S. states to divert foreign imports from 15 Pacific Rim countries. For this purpose, the following assumption was adopted: larger ships using the canal will lead to a redirection of seaborne trade among U.S. (and other) ports and result in secondary effects, e.g., using different freight modes and regional growth spillovers. This study also accounted for the entry point change and significant port investments for foreign trade under alternative scenarios. The choice of ports for international trade depends on decisions about how to minimize multimodal delivery costs. The total direct reduction of transportation and warehousing activities associated with foreign imports in the West Coast ports was estimated at $3.3 billion, leading to total negative effects of $5.8 billion. Total positive impacts from the shift of transportation modes with the choice of an entry port and new warehousing activities for foreign imports in the selected 12 states varied. As expected, states that involved an entry port had the most prominent benefits, but Texas, New York, and New Jersey may be benefited through all the port enhancement projects in the U.S. Also, except for Transportation and Postal, and Warehousing industries, Construction is another dominant positive affected industry of the Canal expansion in the U.S.

Port-City and Local Population Relationship: the Perception of Busan Citizens of the Port

  • D'agostini, Enrico;Jo, So-Hyun
    • Journal of Navigation and Port Research
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    • v.43 no.2
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    • pp.110-121
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    • 2019
  • Ports play a key role in international trade, as integral hubs where passengers and cargoes are loaded, discharged, and transshipped. However, the function of ports is becoming more diversified, expanding on roles as industrial clusters, as well as logistical centers. Such roles combined, reap numerous and significant benefits, mainly with growth of jobs and wealth creation, for the local population living in the city, and beyond. Citizens' awareness of the function and value of ports may not be positive, because of a range of negative factors such as emissions, noise, and road congestion, which can influence their perception. This study's contribution focuses on empirically evaluating the perception of Busan citizens of the local port, by applying Q methodology. The links connecting the port-city and local population, are assessed by identifying: 1) The level of awareness of the Busan citizens of the port; 2) Factors perceived as positive as well as factors perceived as negative by Busan citizens. There are four main factors, derived from the analysis: 1) Port functional knowledge; 2) Lack of social connectedness port-city; 3) Environmentally concerned and; 4) Absent port's ripple's effect. Policy recommendations suggest focusing on improving citizens' perception of the port, for each of the four main factors derived from the analysis.

Study on Efficient Port Environmental Management for Sustainable Port Operation (I): Case Study of Marine Environments and Natural Resources Impacts by Busan New Port Development (지속가능한 항만운영을 위한 효율적 항만환경관리에 관한 연구 (I): 부산 신항만 개발로 인한 해양환경 및 자원 영향성 평가 사례)

  • Kim, Tae-Goun
    • Journal of Navigation and Port Research
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    • v.40 no.6
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    • pp.401-412
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    • 2016
  • The sustainable operation and development of ports is a key industry for Korea's national economy. It is increasingly more important to resolve conflicts with local communities due to port environmental problems such as air pollution, water pollution, noise and ecosystem destruction while securing port competitiveness through infrastructure expansion. In case of the Busan New Port development project in Korea, construction has been temporally suspended due to conflict with local fishermen over marine sand mining for construction. A primary reason for this is the absence and limitation of qualitative port environmental impact assessment methodologies in Korea. This includes the current investigation of fisheries damaged by ports. Therefore, the main purpose of this study is to propose economic valuation methods for assessing environmental impacts that are essential for efficient port environmental management and for sustainable port operation and development in Korea. To do this, this study examines the overall port environmental problems and their effects (damages) through the analysis of environmental policies and case studies of domestic and overseas ports. Then economic valuation methods are suggested for total economic values (TEV) of damaged environmental goods and services. Among the proposed methods, Habitat Equivalency Analysis (HEA), as a more scientific data based method, was applied to estimate marine ecosystem service damages from the designation of Busan New Port Anchorages. Finally, based on the study results, more efficient port environmental management will be achieved through the institutional adoption of the proposed economic impact assessment methods for port environmental damages.

The Impacts of High-speed Railway on Conventional Railway Systems and Its Policy Implication (고속철도의 영향 및 철도수송 합리화 방안)

  • Nam, K.C.;Kwak, K.S.
    • Journal of Korean Port Research
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    • v.7 no.2
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    • pp.5-17
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    • 1993
  • The decline of railway industry been a world-wide phenomenon. Recently, increased attention has therefore of railway systems has considerable impacts on the existing transport systems. Korea is expecting a era of high-speed railway and thus the need for the preexamination of such system emerges. This study is therefore concerned with the impacts on the conventional railway systems of the planned high-speed railway and its policy implication. The results revealed that the high-speed railway is almost exclusive to the conventional railway system emerges. This study is therefore concerned with the impacts on the conventional railway systems of the planned high-speed railway and its policy implication. The results revealed that the high-speed railway is almost exclusive to the conventional railway systems. The only impact is to induce some users of the conventional railway services, resulting in some excess track capacity of Kyungbu line. It dose however appear not to have any influence on the level of service for the conventional passenger services and rail freight transport. Consequently, it appears desirable to pay as much attention to the conventional railway systems as to the high-speed railway.

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A Study on Selecting Green Indexes of a Seaport

  • Pak, Ji-Yeong;Yeo, Gi-Tae;Coo, Byung-Mo
    • Journal of Navigation and Port Research
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    • v.33 no.9
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    • pp.653-657
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    • 2009
  • The aim of this study draws out the Green Index of a Seaport (GIS) that is comprehensive and coordinated approach to diminish the negative impacts of port operations using a Factor Analysis (FA) which can evaluate the level of cleanness of seaport. For this purpose, the questionnaires were sent to the experts and port stake holders, and received 75 out of 100. In this survey, Cronbach's alpha has the numerical value 0.76. Thus it means that this survey has internal consistency reliability. Overall, 15 components were selected from the literature review and five factors were extracted by factor analysis.

An Empirical Study on the Service Quality Factors of Port Supply Industry on the Relationship Orientation (항만물품공급업의 서비스품질요인이 관계지향성에 미치는 영향에 관한 실증연구)

  • Bae, Bag-Sig;Park, Nam-Kyu
    • Journal of Fisheries and Marine Sciences Education
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    • v.24 no.2
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    • pp.166-179
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    • 2012
  • This study shows how the service quality of port supply industry impacts with customer satisfaction and relationship orientation. Through previous research, service quality of port supply company is considered, at the same time, the key factor of service quality is divided into tangibles, reliability, responsiveness, assurance and empathy. Sample design is based on shipping companies which are registered in Korea Ship owners' Association and Korea Ship managers' Association from Aug. 8 through 26 in 2011. And total of 275 questionnaires are collected from shipping companies in Busan and Kyong nam. Result of this study would be utilized in marketing strategy for port supply industry. In the future research, based on analysis of port supply company's characteristics, the study for port supply industry which are perceived by customers could be conducted.

Study on the Relationship and Validity of the Management Evaluation Factors in Public Firms With a Focus on the Port Authorities

  • Lee, Sung-Yhun;Ahn, Ki-Myung
    • Journal of Navigation and Port Research
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    • v.43 no.6
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    • pp.450-461
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    • 2019
  • According to the results of the management evaluation of the nation's public firms over the past seven years, the rating of the port corporation is generally insufficient. According to the results of the seven-year study 2011-2017, the average debt ratio of the port corporation was 34.5%, two to three times lower than that of the general public company, the operating profit ratio of sales was three times higher, and the value added per person was 1.6-1.9 times better. However, the aggregate score and grade were generally low, with 4.1% of the total number of employees of the general public corporation, 10% of the average total assets, and 1% of the average sales volume. The distributed analysis results and panel return analysis results show that the size significantly impacts the overall score and grade. Additionally, major business standards such as port volume, not controlled by the port corporation, appear to have a decisive influence on the low grade of the port corporation. Thus, it appears that improvement and supplementation of key business indicators of port construction are urgently needed in the management evaluation system, which can be properly controlled.

A Study on the Sustainability of Ports : the Case of SuPorts and PPRISM (항만의 지속가능성 측정 요인에 관한 사례연구 : SuPorts와 PPRISM 사례를 중심으로)

  • Lee, Joo-Ho;Kim, Sang-Youl;Jang, Hyun-Mi
    • Journal of Navigation and Port Research
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    • v.40 no.6
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    • pp.413-420
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    • 2016
  • Seaports are economically significant infrastructures in terms of dealing with more than 90% of the cargo volume in Korea's international trade. Furthermore, investment costs for constructing ports and the impacts of port industry on national competitiveness lead to the necessity for sustainable port operation. However, the earlier studies dealing with competitiveness and sustainability of the port sector focused on its logistical functions related to port size, operational efficiency, etc. Port competitiveness that considers local community and ecological values as well as the expectations and demands of port users is becoming an important issue in order for ports to cope with volatile external environments while maintaining competitiveness. Therefore, it is necessary to identify port performance indicators and measure their performance in terms of the environmental and social perspectives, as well as the economic perspectives, in order to sustain port development and operations. This paper presents findings from case analyses of SuPorts and PPRISM projects that assist European Union (EU) ports to secure sustainable competitiveness while respecting economic, environmental and social interests between ports and local communities. These projects create port performance indicators with balanced views including not only economic value but also environmental and social values. They measure port performance so port operators can implement these sustainable port practices. This study aims to find the critical factors for sustainable port practices by conducting case analyses of SuPorts and PPRISM projects.

The Impact of Bilateral Free Trade Agreements on International Trade Volume of Bulk Shipment at the Port of Busan in Korea : Focusing on Korea's FTA with Chile, Peru, Singapore, India, and United States (대한민국 FTA체결에 따른 부산항 벌크물동량 영향분석 : 칠레, 페루, 싱가포르, 인도, 미국을 중심으로)

  • Lee, Kyong Han;Park, Ju Dong
    • Journal of Korea Port Economic Association
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    • v.32 no.3
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    • pp.83-94
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    • 2016
  • The primary purpose of this study is to analyze the impact of bilateral Free Trade Agreements on international trade volume of bulk shipment at the port of Busan in Korea using the Gravity Model. Most recently, the total of 15 Korea's FTAs have been enforced since Korea-Chile FTA in 2004 and more than 50 countries became member of Korea's FTAs. Therefore, aggregated trade volume of Korea's FTA members out of the total trade volume in Korea increased from 25% in 2011 to 67% in 2015. Five Korea's bilateral FTA members are concerned as experimental group while top 10 foreign countries base on trade volume of bulk shipment are applied to the model as control group and panel data was used in this study. According to the results, bilateral FTA, GDP and population have positive impacts on trade volume of bulk shipment at the port of Busan. On the other hand, distance between Korea and its trade partner has negative impact. In examining Hausman test and LR test, the random effect model is statistically more appropriate than the fixed effect model for this study.