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Competition of Hub Ports: A Comparison between Europe and the Far East
( Vince F. Valentine ),( R. Gray ) 한국해운물류학회 (구 한국해운학회) 2002 해운물류연구 Vol.35 No.-
Competition between ports can be said to be at an unparalleled stage in its evolution from the small port of pre-industrialisation serving a local community to the present day hub ports serving many countries perhaps hundreds of miles apart. Ports are by their very nature immovable objects that require advanced planning sometimes decades ahead. It is therefore not surprising that port efficiency ranks high amongst stakeholders` main priorities. Thus with the increase competition also comes an increase in the need to calculate port efficiency. Numerous studies have been conducted on port efficiency, some made using the assessment of productivity based upon output per worker (De Monie 1987). output per wharf (Frankel 1991) whilst others use production functions (Kim & Sachis 1986 & De-Neufville and Tsunokawa 1981). This paper will use a technique known as Data Envelopment Analysis (DEA) to calculate the relative efficiency of container ports using output by size of the port. Martinez-Budria et al (1999) and Tongzon (2001) conducted research using DEA on Spanish and Australian ports respectively. This paper will focus on the regions of Europe and the Far East, comparing efficiency with organisational structure, ownership and location factors.