Management Review

›› 2017, Vol. 29 ›› Issue (5): 175-182.

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A Comparative Study of the Container Terminal Operating Efficiency between China and South Korea

Lu Bo1, Wang Shouyang2   

  1. 1. International College, Dalian University, Dalian 116622;
    2. Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing 100190
  • Received:2016-04-05 Online:2017-05-28 Published:2017-05-26

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Abstract:

The port competition between China and South Korea, as a key driver of the logistics development in Northeast Asia, represents the most typical and important part of the increasingly fierce competition among Northeast Asian ports from the perspective of port condition, geographical location and even the policy influence. Data envelopment analysis (DEA) that is designed to reveal the complex production relationships with multiple inputs and outputs can be used to evaluate the efficiency of such decision making units as port services with complex inputs and outputs. Therefore, this paper uses three models-DEA-Super-Efficiency, DEA-BCC and DEA-CCR-to analyze and compare the production efficiency of the 31 major container terminals in China and South Korea. Firstly, the total efficiency value of the container terminals is sorted according to the model, and then the potential mode of the non efficiency terminals is determined by using the slack variable analysis method. Finally, based on the empirical results, the efficiency of the non efficiency terminals is adjusted, and the scale efficiency is analyzed to provide a reference for the operation direction of the terminals, and to provide a theoretical basis for the port management.

Key words: operational efficiency, container terminal, DEA model, comparative analysis