Measuring the total factor productivity for international seaport in South East Asia (ASEAN)
Keywords:
ASEAN Ports, Färe-Primont TFP Index, Scale and Mix Efficiency
Abstract
Aim: The goal of this paper is to quantify the contribution of ports to GDP in three different nations. Singapore’s port, Malaysia’s Bintulu port, and Thailand’s Leamchabang port are the ASEAN ports examined in this paper.
Methodology: Cargo throughput (tons) is the output variable, and the four inputs (ship count, vessel handled capacity (DWT: Dead Weight Tonnage), number of employees per terminal, and terminal area) are all described in the published data (m2). The weighted aggregative technique is used to construct inputs and outputs data details.
Findings: Progress in port efficiency in Singapore, Malaysia, and Thailand is demonstrated by the findings. Singapore’s port is the most productive of the three and has the least disruption to throughput (TFP).
Novelty/Implications: While trade and maritime transport cooperation between Korea and ASEAN has been strengthened, little research has been conducted on analyzing container port efficiency in ASEAN. Since this is the first study of its kind in ASEAN, it can be considered the beginning of port studies in the region. Based on these findings, we can select candidate cities and nations for a port cooperation initiative on a global scale.
References
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Jajri, I. 2007. “Determinants of Total Factor Productivity Growth in Malaysia.” Journal of Economic Cooperation 28(3): 41-58.
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Pongpanich, R., and Peng, K. C. 2016. “The Efficiency Measurement of Container Ports in Thailand by Using DEA Windows Analysis Approach.” International Journal of Innovative Research and Development 5(5), 247-253.
Rios, L. R., and Macada, A. C. G. 2006. “Analyzing the Relative Efficiency of Container Terminals of Mercosur using DEA.” Maritime Economics & Logistics 8(4): 331-346.
Roll, Y., and Hayuth, Y. 1993. “Port Performance Comparison Applying Data Envelopment Analysis (DEA).” Maritime Policy and Management 20(2): 153-161.
Seo, Y. J., Ryoo, D. K., and Aye, M. N. 2012. “An Analysis of Container Port Efficiency in ASEAN.” Journal of Navigation and Port Research 36(7): 535-544.
Shie, T. R. 2006. “Maritime Piracy in Southeast Asia: The Evolution and Progress of Intra-ASEAN Cooperation.” pp. 163-189, in Piracy, Maritime Terrorism and Securing the Malacca Straits. Singapore: Institute of Southeast Asian Studies.
Thai, V. V. 2016. “The Impact of Port Service Quality on Customer Satisfaction: The Case of Singapore.” Maritime Economics & Logistics 18(4): 458-475.
Tongzon, J. L. 2009. “Port Choice and Freight Forwarders.” Transportation Research Part E: Logistics and Transportation Review 45(1): 186-195.
World Bank. 2014. “The Atlas of Economic Complexity.” Retrieved June 12, 2015 (https://goo.gl/kaAdYU).
Wu, P. J. 2016. “Logistics Business Analytics for Achieving Environmental Sustainability.” Journal of Administrative and Business Studies 2(6): 264-269.
Wu, Y. C. J., and Goh, M. 2010. “Container Port Efficiency in Emerging and More Advanced Markets.” Transportation Research Part E: Logistics and Transportation Review 46(6): 1030-1042.
Xiao, B., Lam, H. K., and Li, H. 2017. “Stabilization of Interval Type-2 Polynomial-fuzzy-model-Based Control Systems.” IEEE Transactions on Fuzzy Systems 25(1): 205-217.
Al-Eraqi, A. S., Barros, C. P., Mustaffa, A., and Khader, A. T. 2007. Evaluating the Location Efficiency of Arabian and African Seaports Using Data Envelopment Analysis (DEA). Working paper. School of Economics and Management, Technical University of Lisbon, Lisbon, Portugal.
Burnson, P. 2016. “Asean Logistics: Refining Transportation Networks.” Retrieved June 7, 2016 (https://goo.gl/arywUT).
Chen, S. L., Jeevan, J., and Cahoon, S. 2016. “Malaysian Container Seaport-Hinterland Connectivity: Status, Challenges, and Strategies.” The Asian Journal of Shipping and Logistics 32(3): 127-138.
Cheon, S., Dowall, D. E., and Song, D. W. 2009. “Typology of Long-Term Port Efficiency Improvement Paths: Malmquist Total Factor Productivity for World Container Ports.” Journal of Infrastructure Systems 15(4): 340-350.
Chudasama, K. M. 2009. “Performance Appraisal of Indian Major Ports Using Port Ranking Model.” IUP Journal of Infrastructure 7(1): 7-21.
Debreu, G. 1951. “The Coefficient of Resource Utilization.” Econometrica 19(3): 273-292.
Ducruet, C. 2009. “Port Regions and Globalization”. pp. 41-54, in Ports in Proximity: Competition and Coord- ination Among Adjacent Seaports, edited by T. E. Notteboom, C. Ducruet and P. W. De Langen.
Alder- shot, UK: Ashgate Publishing.
Economic Planning Unit. 1976. “Third Malaysia Plan.” Retrieved August 28, 2015 (https://goo.gl/CQTscz).
Economic Planning Unit. 2011. “Tenth Malaysia Plan.” Retrieved August 08, 2015 (https://goo.gl/hjAx6L).
EIU Solutions. 2016. “Challenges ahead for Port of Singapore.” Retrieved August 21, 2016 (https://goo.gl/a9xwqn).
Farrell, M. J. 1957. “The Measurement of Productive Efficiency.” Journal of the Royal Statistical Society: Series A (General) 120(3): 253-290.
Gwartney, J. D., Stroup, R. L., Lee, D. R., and Ferrarini, T. H. 2016. Common Sense Economics: What Everyone Should Know About Wealth and Prosperity. New York, NY: St. Martin’s Press.
Ha, M. S. 2003. “A Comparison of Service Quality at Major Container Ports: Implications for Korean Ports.” Journal of Transport Geography 11(2): 131-137.
Jajri, I. 2007. “Determinants of Total Factor Productivity Growth in Malaysia.” Journal of Economic Cooperation 28(3): 41-58.
Kennedy, O. R., Lin, K., Yang, H., and Ruth, B. 2011. “Sea-port Operational Efficiency: An Evaluation of Five Asian Ports Using Stochastic Frontier Production Function Model.” Journal of Service Science and Management 4(3): 391-399.
Koopmans, T. C. 1951. Activity Analysis of Production and Allocation. New York, NY: Wiley.
Liang, Y. C., Chen, K. C., Li, G. Y., and Mahonen, P. 2011. “Cognitive Radio Networking and Communications: An Overview.” IEEE Transactions on Vehicular Technology 60(7): 3386-3407.
Maritime and Port Authority of Singapore. 2014. “Port Statistics.” Retrieved March 22, 2015 (https://goo.gl/GCwzRH).
MIMA. 2015. “Maritime Institute of Malaysia: Malaysian Ports and Jetties.” Retrieved March 12, 2015 (https://goo.gl/Fzahni).
Munisamy, S., and Singh, G. 2011. “Benchmarking the Efficiency of Asian Container Ports.” African Journal of Business Management 5(4): 1397-1407.
Notteboom, T., Coeck, C., and Van Den Broeck, J. 2000. “Measuring and Explaining the Relative Efficiency of Container Terminals by Means of Bayesian Stochastic Frontier Models.” Maritime Economics & Logistics 2(2): 83-106.
O’Donnell, C. J. 2010. “Measuring and Decomposing Agricultural Productivity and Profitability Change.” Australian Journal of Agricultural and Resource Economics 54(4): 527-560.
O’Donnell, C. J., Rao, D. S. P., and Battese, G. E. 2008. “Metafrontier Frameworks for the Study of Firm-level Efficiencies and Technology Ratios.” Empirical Economics 34(2): 231-255.
O’Donnell, C. J. 2011. The Sources of Productivity Change in the Manufacturing Sectors of the US Economy. Working paper. School of Economics, University of Queensland, Queensland, Australia.
O’Donnell, C. J. 2012. “Nonparametric Estimates of the Components of Productivity and Profitability Change in US Agriculture.” American Journal of Agricultural Economics 94(4): 873-890.
Park, J. 2010. “The Port Policy of Korea.” Retrieved March 22, 2015 (https://goo.gl/6BwfmG).
Pongpanich, R., and Peng, K. C. 2016. “The Efficiency Measurement of Container Ports in Thailand by Using DEA Windows Analysis Approach.” International Journal of Innovative Research and Development 5(5), 247-253.
Rios, L. R., and Macada, A. C. G. 2006. “Analyzing the Relative Efficiency of Container Terminals of Mercosur using DEA.” Maritime Economics & Logistics 8(4): 331-346.
Roll, Y., and Hayuth, Y. 1993. “Port Performance Comparison Applying Data Envelopment Analysis (DEA).” Maritime Policy and Management 20(2): 153-161.
Seo, Y. J., Ryoo, D. K., and Aye, M. N. 2012. “An Analysis of Container Port Efficiency in ASEAN.” Journal of Navigation and Port Research 36(7): 535-544.
Shie, T. R. 2006. “Maritime Piracy in Southeast Asia: The Evolution and Progress of Intra-ASEAN Cooperation.” pp. 163-189, in Piracy, Maritime Terrorism and Securing the Malacca Straits. Singapore: Institute of Southeast Asian Studies.
Thai, V. V. 2016. “The Impact of Port Service Quality on Customer Satisfaction: The Case of Singapore.” Maritime Economics & Logistics 18(4): 458-475.
Tongzon, J. L. 2009. “Port Choice and Freight Forwarders.” Transportation Research Part E: Logistics and Transportation Review 45(1): 186-195.
World Bank. 2014. “The Atlas of Economic Complexity.” Retrieved June 12, 2015 (https://goo.gl/kaAdYU).
Wu, P. J. 2016. “Logistics Business Analytics for Achieving Environmental Sustainability.” Journal of Administrative and Business Studies 2(6): 264-269.
Wu, Y. C. J., and Goh, M. 2010. “Container Port Efficiency in Emerging and More Advanced Markets.” Transportation Research Part E: Logistics and Transportation Review 46(6): 1030-1042.
Xiao, B., Lam, H. K., and Li, H. 2017. “Stabilization of Interval Type-2 Polynomial-fuzzy-model-Based Control Systems.” IEEE Transactions on Fuzzy Systems 25(1): 205-217.
Published
2017-06-30
Section
Articles
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