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Promoting Korean international trade in the East Sea Economic Rim in the context of the Belt and Road Initiative
- Source :
- Journal of Korea Trade. 22:212-227
- Publication Year :
- 2018
- Publisher :
- Emerald, 2018.
-
Abstract
- Purpose The purpose of this paper is to analyze maritime logistics connectivity of ports and shipping networks in the East Sea Economic Rim (ESER) to promote international trade in the context of China’s Belt and Road Initiative (BRI), considering centrality, primary flow and clustering interaction. Design/methodology/approach The paper applies a complex network model, using a big data system consisting of an automated identification system, electronic data interchange and distributive and complex data. Three perspectives, including connectivity in trading ports and regions, centralities in the realm of complex network and potential marketing and regional impacts, and sixteen criteria are considered for this analysis. A visual approach has been also applied to highlight port connectivity and ship flows for the reader’s convenience. Findings The paper shows that port connectivity and maritime logistics are enablers to promote Korean international trade in Northeast China through the ESER, and 25 major ports are well connected to promote international trade in the region with visual data of ship flows by ship type and by flag. Research limitations/implications Owing to the lack of port management information systems among the countries in the ESER except Korea and Japan, this paper could not capture cargo types and amounts on board. Port connectivity analysis shows links of the ports in the ESER to major ports in southeast Asia along the Twenty-first Century Maritime Silk Road (MSR). These results contribute to drawing policy implications to promote the ESER and provide suggestions for promoting Korean international trade by enhancing maritime logistics connectivity. Originality/value Unlike the existing literature showing descriptive and policy-oriented research related to ESER, this paper applied a vigorous method with a big amount of data to analyze port connectivity and ship flows in the ESER, considering China’s BRI affecting the global supply chain system, maritime transportation, and logistics. In addition, the paper shows how the seaports in the ESER are connected along the MSR.
- Subjects :
- 050210 logistics & transportation
business.industry
Supply chain
05 social sciences
Big data
Context (language use)
International trade
Port (computer networking)
0502 economics and business
Industrial relations
Information system
050207 economics
Business and International Management
China
business
Centrality
General Economics, Econometrics and Finance
Electronic data interchange
Subjects
Details
- ISSN :
- 1229828X
- Volume :
- 22
- Database :
- OpenAIRE
- Journal :
- Journal of Korea Trade
- Accession number :
- edsair.doi...........9eb342a3e3f79a22e584256d6c59090f