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Journal of Navigation and Port Research 2013;37(2):187-193.
Published online April 30, 2013.
A Study on Measuring the Efficiency of Korea-China Car Ferry Routes by using Data Envelopment Analysis
Nam-Yeon Lee, Ji-Yeong Pak, Gi-Tae Yeo
Abstract
In this prolonged economic recession, the countries in Northeast Asia play a crucial role in the global market and the relationship between Korea and China gets more attention due to its significant achievement during the past 20 years after the establishment of diplomatic ties in 1992. In this regards, this study presents general overview of Korea-China Car Ferry Route and evaluates the efficiency level of each operating route using DEA model. Incheon-Yingkou, Incheon-Lianyungang, Pyeong Taek-Lianyungang are analyzed as efficent routes, while from the view point of passenger efficiency, 4 routes i.e, Incheon-Dalian, Incheon-Dandong, Pyeong Taek- Weihai, Gunsan-Shidao are also noted as efficient routes. Consequently, other inefficient routes can benchmark these efficient routes by increasing cargo volume and passengers.
Key Words: Korea-China route;Car Ferry;DEA;BCC-O
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