Pub Date : 2020-06-01DOI: 10.24006/jilt.2020.18.2.77
V. Maltseva, Joon-Ho Na, Gyuseung Kim, H. Ha
We adopt a super slack-based measurement (SBM) data envelopment analysis (DEA) model to estimate the efficiency of five biggest freight rail operators in Russia, which are included in the top 30 freight rail operators in terms of two dimensions – financial and operational efficiency during 2013–2017. The result shows that the private companies characterized by high financial and operational efficiency, while the Rossiiskye Zheleznye Dorogi (RZD) subsidiaries characterized by sufficiently low financial and operational efficiency scores. And the result also presents that operational efficiency score of operators handling universal rolling stock is higher than financial efficiency scores. In contrast, financial efficiency scores of operators handling special rolling stock is higher than operational efficiency scores. rail freight operators in addition to a special rolling stock park should have a universal rolling stock park for higher profitability. State-owned companies and its subsidiary operate inefficiently in the midst of a market economy in Russia. Rail freight operators for a higher level of financial efficiency should be transferred to the private sector.
{"title":"Efficiency Analysis of Russian Rail Freight Transportation Companies\u0000 with Super Slack-Based Measurement Data Envelopment Analysis","authors":"V. Maltseva, Joon-Ho Na, Gyuseung Kim, H. Ha","doi":"10.24006/jilt.2020.18.2.77","DOIUrl":"https://doi.org/10.24006/jilt.2020.18.2.77","url":null,"abstract":"We adopt a super slack-based measurement (SBM) data envelopment analysis (DEA) model to estimate the efficiency of five biggest freight rail operators in Russia, which are included in the top 30 freight rail operators in terms of two dimensions – financial and operational efficiency during 2013–2017. The result shows that the private companies characterized by high financial and operational efficiency, while the Rossiiskye Zheleznye Dorogi (RZD) subsidiaries characterized by sufficiently low financial and operational efficiency scores. And the result also presents that operational efficiency score of operators handling universal rolling stock is higher than financial efficiency scores. In contrast, financial efficiency scores of operators handling special rolling stock is higher than operational efficiency scores. rail freight operators in addition to a special rolling stock park should have a universal rolling stock park for higher profitability. State-owned companies and its subsidiary operate inefficiently in the midst of a market economy in Russia. Rail freight operators for a higher level of financial efficiency should be transferred to the private sector.","PeriodicalId":36581,"journal":{"name":"Journal of International Logistics and Trade","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46581822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-06-01DOI: 10.24006/JILT.2020.18.2.061
Naima Saeed
{"title":"The Effects of Exchange Rate on Norway’s Bilateral Trade Flow\u0000 to the UK Via Maritime and Other Transport Modes: Does the\u0000 ‘Marshall-Lerner’ Condition Hold?","authors":"Naima Saeed","doi":"10.24006/JILT.2020.18.2.061","DOIUrl":"https://doi.org/10.24006/JILT.2020.18.2.061","url":null,"abstract":"","PeriodicalId":36581,"journal":{"name":"Journal of International Logistics and Trade","volume":"18 1","pages":"61-76"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47073711","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-06-01DOI: 10.24006/jilt.2020.18.2.091
Sung-Woo Lee, Sung-Ho Shin, H. Bae
*Corresponding author: Sung-Ho Shin Research Information Analysis Center, Korea University, Seoul, Korea Tel: +82-2-3290-1207 E-mail: sungho_shin@korea.ac.kr Abstract This study aims to analyze information on vessel traffic between the two Koreas with a probability distribution for each route/vessel type. The study will then conduct an estimate for maritime transport patterns of inter-Korean trade in the future. To analyze the flow of inter-Korean coastal shipping, this study conducted visualization analysis of shipping status between North and South Korea by year, ship type, and port using navigation data of three years from Port Logistics Information System (Port-MIS) sources during 2006 to 2008, which saw the most active exchanges between the two governments. Also, this study analyzes shipping status between the two governments as a probability distribution for each port and provides the prospects for future maritime transport for inter-Korean trade by means of Bayesian Networks and simulation. The results of the analysis are as follows: i) when North-South routes are reopened, the import volume for sand from North Korea will be increased; ii) investment in the modernization of ports in North Korea is required so that shipping companies can generate profit through economies of scale; iii) the number of the operating vessels including container ships between the two governments is expected to increase like when the tensions and conflict on the Korean Peninsula was release, especially between Busan port in South Korea and Nampo port in North Korea; and iv) among container ships, transshipment containers imported and exported through Busan Port will be shipped to North Korea by feeder transportation.
{"title":"Short Sea Shipping on the West Coast of Korea: Keys to Activating the\u0000 Shipping Industry in Preparation for Korea Unification Era","authors":"Sung-Woo Lee, Sung-Ho Shin, H. Bae","doi":"10.24006/jilt.2020.18.2.091","DOIUrl":"https://doi.org/10.24006/jilt.2020.18.2.091","url":null,"abstract":"*Corresponding author: Sung-Ho Shin Research Information Analysis Center, Korea University, Seoul, Korea Tel: +82-2-3290-1207 E-mail: sungho_shin@korea.ac.kr Abstract This study aims to analyze information on vessel traffic between the two Koreas with a probability distribution for each route/vessel type. The study will then conduct an estimate for maritime transport patterns of inter-Korean trade in the future. To analyze the flow of inter-Korean coastal shipping, this study conducted visualization analysis of shipping status between North and South Korea by year, ship type, and port using navigation data of three years from Port Logistics Information System (Port-MIS) sources during 2006 to 2008, which saw the most active exchanges between the two governments. Also, this study analyzes shipping status between the two governments as a probability distribution for each port and provides the prospects for future maritime transport for inter-Korean trade by means of Bayesian Networks and simulation. The results of the analysis are as follows: i) when North-South routes are reopened, the import volume for sand from North Korea will be increased; ii) investment in the modernization of ports in North Korea is required so that shipping companies can generate profit through economies of scale; iii) the number of the operating vessels including container ships between the two governments is expected to increase like when the tensions and conflict on the Korean Peninsula was release, especially between Busan port in South Korea and Nampo port in North Korea; and iv) among container ships, transshipment containers imported and exported through Busan Port will be shipped to North Korea by feeder transportation.","PeriodicalId":36581,"journal":{"name":"Journal of International Logistics and Trade","volume":"18 1","pages":"91-105"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43590508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-03-01DOI: 10.24006/jilt.2020.18.1.033
Kamrul Hassan, Ruhul Salim, H. Bloch
This article examines the impact of population age structure on the real exchange rate. Data on a panel of 22 OECD (Organization of Economic Cooperation and Development) countries over 1980–2015 period are used to estimate the empirical model. Using fixed effect model the paper finds that different age cohorts have a significant influence on the real exchange rates in the sample countries. The results are mostly consistent with the theoretical framework discussed in the paper and also with the findings of previous studies in this area. These results have important policy implications given the fact that the population is ageing in almost all the OECD economies these days.
{"title":"Population Age Structure and Real Exchange Rate in OECD Countries: An\u0000 Empirical Analysis","authors":"Kamrul Hassan, Ruhul Salim, H. Bloch","doi":"10.24006/jilt.2020.18.1.033","DOIUrl":"https://doi.org/10.24006/jilt.2020.18.1.033","url":null,"abstract":"This article examines the impact of population age structure on the real exchange rate. Data on a panel of 22 OECD (Organization of Economic Cooperation and Development) countries over 1980–2015 period are used to estimate the empirical model. Using fixed effect model the paper finds that different age cohorts have a significant influence on the real exchange rates in the sample countries. The results are mostly consistent with the theoretical framework discussed in the paper and also with the findings of previous studies in this area. These results have important policy implications given the fact that the population is ageing in almost all the OECD economies these days.","PeriodicalId":36581,"journal":{"name":"Journal of International Logistics and Trade","volume":"18 1","pages":"33-48"},"PeriodicalIF":0.0,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48616800","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-03-01DOI: 10.24006/jilt.2020.18.1.001
Inkyo Cheong, Jeongho Yoo
*Corresponding author: Jeongho Yoo Department of FTA Policy and Business Consulting, Graduate School, Inha University, Incheon, Korea Tel: +82-32-860-8412 E-mail: paranbool@naver.com Abstract Comprehensive studies examining how Korean e-commerce trade works are currently limited. This study seeks to explore whether Korea’s e-commerce trade is more applicable to traditional trade theory or to modern theories. According to our analysis, the share of intra-industry trade (IIT) in modern trade theory is less than that of general trade for Korean e-commerce. Therefore, trade based on comparative advantage can be more valid in explaining e-commerce trade. From results in analyzing the gravity model, it was found that Korea’s e-commerce exports are higher as IIT with its FTA partners. In contrast, it is found that the lower the proportion of e-commerce trade, the higher chance for the import growth. Lastly, this study looked at what kind of comparative advantage is realized through imports. While Korea has been mostly exporting goods of high quality, its major trading partners import products based on price and selection of goods. In order for Korea’s ecommerce to grow, a more strategic approach is necessary. A strategy of high price based on superior quality is not effective, and as e-commerce has radically reduced sales and marketing costs, so a price reduction needs to be reflected in the price of goods for consumers.
{"title":"A Study on the Characteristics of Intra-Industry Trade for\u0000 Korea’s E-Commerce Trade","authors":"Inkyo Cheong, Jeongho Yoo","doi":"10.24006/jilt.2020.18.1.001","DOIUrl":"https://doi.org/10.24006/jilt.2020.18.1.001","url":null,"abstract":"*Corresponding author: Jeongho Yoo Department of FTA Policy and Business Consulting, Graduate School, Inha University, Incheon, Korea Tel: +82-32-860-8412 E-mail: paranbool@naver.com Abstract Comprehensive studies examining how Korean e-commerce trade works are currently limited. This study seeks to explore whether Korea’s e-commerce trade is more applicable to traditional trade theory or to modern theories. According to our analysis, the share of intra-industry trade (IIT) in modern trade theory is less than that of general trade for Korean e-commerce. Therefore, trade based on comparative advantage can be more valid in explaining e-commerce trade. From results in analyzing the gravity model, it was found that Korea’s e-commerce exports are higher as IIT with its FTA partners. In contrast, it is found that the lower the proportion of e-commerce trade, the higher chance for the import growth. Lastly, this study looked at what kind of comparative advantage is realized through imports. While Korea has been mostly exporting goods of high quality, its major trading partners import products based on price and selection of goods. In order for Korea’s ecommerce to grow, a more strategic approach is necessary. A strategy of high price based on superior quality is not effective, and as e-commerce has radically reduced sales and marketing costs, so a price reduction needs to be reflected in the price of goods for consumers.","PeriodicalId":36581,"journal":{"name":"Journal of International Logistics and Trade","volume":"18 1","pages":"1-11"},"PeriodicalIF":0.0,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43579460","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-03-01DOI: 10.24006/jilt.2020.18.1.015
V. Sundram, P. Chhetri, Atikah Shamsul Bahrin
1Department of Technology and Supply Chain Management Studies, Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia 2Global Supply Chain and Logistics Research Priority Area, School of Business IT and Logistics, RMIT University, Australia 3Department of Postgraduate and Professional Studies, Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia
{"title":"The Consequences of Information Technology, Information Sharing and\u0000 Supply Chain Integration, towards Supply Chain Performance and Firm\u0000 Performance","authors":"V. Sundram, P. Chhetri, Atikah Shamsul Bahrin","doi":"10.24006/jilt.2020.18.1.015","DOIUrl":"https://doi.org/10.24006/jilt.2020.18.1.015","url":null,"abstract":"1Department of Technology and Supply Chain Management Studies, Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia 2Global Supply Chain and Logistics Research Priority Area, School of Business IT and Logistics, RMIT University, Australia 3Department of Postgraduate and Professional Studies, Faculty of Business and Management, Universiti Teknologi MARA, Selangor, Malaysia","PeriodicalId":36581,"journal":{"name":"Journal of International Logistics and Trade","volume":"18 1","pages":"15-31"},"PeriodicalIF":0.0,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42680051","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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