A Study on Competition Structure among Domestic Container Ports

Lee, Ji-Hoon; Kim, Yul-Seong; Shin, Chang-Hoon

Journal of Navigation and Port Research 2009;33(1):91-98.
Published online February 28, 2009.

국내 컨테이너항만의 경쟁구조에 관한 연구

이지훈, 김율성, 신창훈

A Study on Competition Structure among Domestic Container Ports

Ji-Hoon Lee, Yul-Seong Kim, Chang-Hoon Shin

Abstract

Busan port, which had ranked at 3rd busiest port following Singapore and Hong Kong in 2002, has been nudged out of 5th place. Growth of China ports threatens Korea ports to be a hub port in Far East Asia Therefore, Korea ports are needed to establish competitive strategies to overcome a crisis of local ports. In this paper, the question, 'Who is my competitor ?' is examined. There is a different aspect between this work and many studies that has been done before, because the fore studies focused on the competitive factors or port efficiencies. Above all, the meaning of competition among ports has been summarized through existing literatures. Next, the competition structure among ports is researched, based on import-export traffic c! five local ports including Busan.

Key Words: Container Port;Competition Structure;Vector Error Correction Model