A Study on the Competition Structure among Ports in the Northeast Asian Region
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초록
In this paper, we provide a comprehensive quantitative analysis of the dynamic competition/cooperation relationships among major ports in Korea and China. Utilizing time series models, the analysis shows that competition/cooperation equilibrium relationship does not stand in the Korea/China ports relationships in the long run, Korean ports generally have competitive relationships with their Chinese counterparties in the long-run. But in the short-run, the competition/cooperation relationships are mixed. While most Korean-Chinese port pairs have complementary relationship in the short-run, there are a non-trivial proportion of cases in which they react competitively.
Abstract
In this paper, we provide a comprehensive quantitative analysis of the dynamic competition/cooperation relationships among major ports in Korea and China. Utilizing time series models, the analysis shows that competition/cooperation equilibrium relationship does not stand in the Korea/China ports relationships in the long run, Korean ports generally have competitive relationships with their Chinese counterparties in the long-run. But in the short-run, the competition/cooperation relationships are mixed. While most Korean-Chinese port pairs have complementary relationship in the short-run, there are a non-trivial proportion of cases in which they react competitively.
참고문헌 (21)
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