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Political risk assessment on air logistics hub developments in Taiwan

Author

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  • Tsai, Ming-Chih
  • Su, Ying-So

Abstract

Political risk assessment has long been practiced by multinational corporations, but has been rarely used for air performance reviews. This study is a political risk assessment of the development of an air logistics hub in Taiwan, and thus examines the factors leading to physical property losses of air carriers based at the hub. It utilizes a checklist and a brainstorming session to identify risk factors, a 5×5 risk matrix to undertake a qualitative risk survey, and an analytical hierarchy process to assess the risk. The study concludes that micro- and macro-factors are approximately of equal importance to the development of an air hub in Taiwan. Issues relating to inland vehicle parking, air logistics infrastructure developments and the cross-strait relationship appear to be particularly crucial.

Suggested Citation

  • Tsai, Ming-Chih & Su, Ying-So, 2002. "Political risk assessment on air logistics hub developments in Taiwan," Journal of Air Transport Management, Elsevier, vol. 8(6), pages 373-380.
    • Handle: RePEc:eee:jaitra:v:8:y:2002:i:6:p:373-380
    DOI: 10.1016/S0969-6997(02)00016-9
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    References listed on IDEAS

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    1. Jean-Claude Cosset & Jean-Marc Suret, 1995. "Political Risk and the Benefits of International Portfolio Diversification," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 26(2), pages 301-318, June.
    2. Jeffrey D Simon, 1984. "A Theoretical Perspective on Political Risk," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 15(3), pages 123-143, September.
    3. Kent D Miller, 1992. "A Framework for Integrated Risk Management in International Business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 23(2), pages 311-331, June.
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    Cited by:

    1. Chen, Jeng-Chung & Lin, Shu-Chiang & Yu, Vincent F., 2017. "Structuring an effective human error intervention strategy selection model for commercial aviation," Journal of Air Transport Management, Elsevier, vol. 60(C), pages 65-75.
    2. Lai, Po‐Lin & Potter, Andrew & Beynon, Malcolm & Beresford, Anthony, 2015. "Evaluating the efficiency performance of airports using an integrated AHP/DEA-AR technique," Transport Policy, Elsevier, vol. 42(C), pages 75-85.
    3. Boštjan Kovačič & Damjan Doler & Drago Sever, 2021. "Innovative Business Model for the Management of Airports in Purpose to Identify Runway Damage in Time," Sustainability, MDPI, vol. 13(2), pages 1-20, January.
    4. Tsai, Ming-Chih, 2006. "Constructing a logistics tracking system for preventing smuggling risk of transit containers," Transportation Research Part A: Policy and Practice, Elsevier, vol. 40(6), pages 526-536, July.
    5. Boštjan Kovačič & Damjan Doler & Drago Sever, 2021. "The Innovative Model of Runway Sustainable Management on Smaller Regional Airports," Sustainability, MDPI, vol. 13(2), pages 1-20, January.

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