Journal of Navigation and Port Research 2007;31(2):133-139.
Published online March 30, 2007.
An Analysis of the Decision Factors on Mokpo Port by Multinomial Logit Model
Yu-Chang Seong, Myung-Ou Youn
Abstract
Relative importance of maritime transport that takes charge of main current of freight in country' economy is very large. Especially, port and facility amy out important role which treats freight of import and export smoothly and improves international trade as turning point, to achieve key role on connection and association between sea and land: For such reason, enlargement of port facilities or development of port needs to grasp exactly the utilization of port, attributes and selective factors of shipper. On the other hand, the amounts of physical distribution on Mokpo port located in Korean west coast are increasing, with fast economic growth of East Asian including China This study uses discrete choice model that is measuring to analyze attribute and characteristic of Mokpo port, and analyzes port selection by decision factors of shipper. This paper composed a questionnaire using the result of preceding research, to decide port selection factor among competitive ports. Through factor analysis ana basis of the questionnaire' result, five principal components were extracted. These are resorted out by Legit model, to grasp competitive elements of port. This research can present direction which raises competitive power qf ports in west coast qf Korea, especially on alternative and concentration of middle- class port as Mokpo may be useful.
Key Words: Port selection;Factor analysis;Mokpo port;Multinomial logit model
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