IDEAS home Printed from https://ideas.repec.org/a/pal/marecl/v19y2017i3d10.1057_mel.2016.4.html
   My bibliography  Save this article

Enterprise Perspective-based Evaluation of Free Trade Port Areas in China

Author

Listed:
  • Xiaoxi Deng

    (Graduate School of Logistics, Incheon National University)

  • Ying Wang

    (Graduate School of Logistics, Incheon National University)

  • Gi-Tae Yeo

    (Graduate School of Logistics, Incheon National University)

Abstract

Various business functions and policies specific to free trade port areas (FTPAs) make these zones unique economic environments. They are thus regarded as an effective avenue from which to attract foreign investment intended for developing a national economy and to enhance enterprises’ international competitiveness. Most investors favor investing in FTPAs because these zones present different business opportunities. Considering the limited attention paid to the FTPAs in China, this study examines the business and trade conditions specific to that country. A particular issue of concern is that in choosing FTPAs as investment targets, results are difficult to project because this kind of selection usually becomes a multiple criteria decision-making problem, in which quantitative and qualitative factors must simultaneously be examined. This study investigates the determinants of investment in FTPAs from an enterprise perspective by using the modified Delphi method. On the basis of fuzzy AHP and fuzzy TOPSIS, the weights of related investment factors and the final ranks of four selected Chinese FTPAs are obtained. Results show that economic potential and operating environment are the most important factors for investment. Among the four FTPAs studied, the Shanghai Yangshan FTPA is the most preferred free trade zone for investment.

Suggested Citation

  • Xiaoxi Deng & Ying Wang & Gi-Tae Yeo, 2017. "Enterprise Perspective-based Evaluation of Free Trade Port Areas in China," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 19(3), pages 451-473, August.
    • Handle: RePEc:pal:marecl:v:19:y:2017:i:3:d:10.1057_mel.2016.4
    DOI: 10.1057/mel.2016.4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/mel.2016.4
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1057/mel.2016.4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:ilo:ilowps:314610 is not listed on IDEAS
    2. Papadopoulos, Nicolas, 1987. "The role of free zones in international strategy," European Management Journal, Elsevier, vol. 5(2), pages 112-120, June.
    3. Jin-Young Kim, 2014. "Port user typology and representations of port choice behavior: A Q-methodological study," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 16(2), pages 165-187, June.
    4. Hamada, Koichi, 1974. "An economic analysis of the duty-free zone," Journal of International Economics, Elsevier, vol. 4(3), pages 225-241, August.
    5. Remedio EM., 1996. "Export processing zones in the Philippines : a review of employment, working conditions and labour relations," ILO Working Papers 993146103402676, International Labour Organization.
    6. Yeo, Gi-Tae & Wang, Ying & Chou, Chien-Chang, 2013. "Evaluating the competitiveness of the aerotropolises in East Asia," Journal of Air Transport Management, Elsevier, vol. 32(C), pages 24-31.
    7. Christopher M Anderson & James J Opaluch & Thomas A Grigalunas, 2009. "The Demand for Import Services at US Container Ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 11(2), pages 156-185, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Thi Yen Pham & Ki Young Kim & Gi-Tae YEO, 2018. "The Panama Canal Expansion and Its Impact on East–West Liner Shipping Route Selection," Sustainability, MDPI, vol. 10(12), pages 1-16, November.
    2. Lian-Sheng Tang & Xiang Tan & Peng Guo & Ting-Ting Huang & Tie-Li Liu, 2022. "Comparative Analysis of Locational Factors and Their External Influence on Free-Trade Port Zones in China," Sustainability, MDPI, vol. 14(4), pages 1-19, February.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Johansson, Helena & Nilsson, Lars, 1997. "Export processing zones as catalysts," World Development, Elsevier, vol. 25(12), pages 2115-2128, December.
    2. Sedat Baştuğ & Hercules Haralambides & Soner Esmer & Enes Eminoğlu, 2021. "Port competitiveness: Do container terminal operators and liner shipping companies see eye to eye?," Post-Print hal-04046233, HAL.
    3. Li, Shengchao & Cao, Xiaoshu & Liao, Wang & He, Yongquan, 2020. "Factors in the sea ports-of-entry and road ports-of-entry cross-border logistics route choice," Journal of Transport Geography, Elsevier, vol. 84(C).
    4. Akoh Fabien Yao & Maxime Sèbe & Laura Recuero Virto & Abdelhak Nassiri & Hervé Dumez, 2024. "The effect of LNG bunkering on port competitiveness using multilevel data analysis [L'effet du soutage par GNL sur la compétitivité des ports à l'aide de l'analyse de données à plusieurs niveaux]," Post-Print hal-04611804, HAL.
    5. Steven, Adams B. & Corsi, Thomas M., 2012. "Choosing a port: An analysis of containerized imports into the US," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(4), pages 881-895.
    6. Maskus, Keith E., 1997. "Should core labor standards be imposed through international trade policy?," Policy Research Working Paper Series 1817, The World Bank.
    7. Rogerson Christian M., 2018. "Urban tourism, aerotropolis and local economic development planning: Ekurhuleni and O.R. Tambo International Airport, South Africa," Miscellanea Geographica. Regional Studies on Development, Sciendo, vol. 22(3), pages 123-129, September.
    8. Carol Newman & John Page, 2017. "Industrial clusters: The case for Special Economic Zones in Africa," WIDER Working Paper Series 015, World Institute for Development Economic Research (UNU-WIDER).
    9. Su-Han Woo & Stephen Pettit & Anthony Beresford & Dong-Wook Kwak, 2012. "Seaport Research: A Decadal Analysis of Trends and Themes Since the 1980s," Transport Reviews, Taylor & Francis Journals, vol. 32(3), pages 351-377, January.
    10. Yasuyuki Sawada, 2009. "The immiserizing growth: an empirical evaluation," Applied Economics, Taylor & Francis Journals, vol. 41(13), pages 1613-1620.
    11. Wang, Zhanwei & Song, Woon-Kyung, 2020. "Sustainable airport development with performance evaluation forecasts: A case study of 12 Asian airports," Journal of Air Transport Management, Elsevier, vol. 89(C).
    12. John Whalley, 2005. "Pitfalls in the Use of Ad valorem Equivalent Representations of the Trade Impacts of Domestic Policies," CESifo Working Paper Series 1480, CESifo.
    13. Manash Gupta, 1998. "Foreign capital and technology transfer in a dynamic model," Journal of Economics, Springer, vol. 67(1), pages 75-92, February.
    14. Fabrice Defever & Alejandro Riaño, 2012. "China's Pure Exporter Subsidies," CEP Discussion Papers dp1182, Centre for Economic Performance, LSE.
    15. Bharat Hazari & Pasquale Sgro, 1996. "Free trade zones, tariffs and the real exchange rate," Open Economies Review, Springer, vol. 7(3), pages 199-217, July.
    16. Fabrice Defever & José‐Daniel Reyes & Alejandro Riaño & Miguel Eduardo Sánchez‐Martín, 2019. "Special Economic Zones and WTO Compliance: Evidence from the Dominican Republic," Economica, London School of Economics and Political Science, vol. 86(343), pages 532-568, July.
    17. Marco Ferretti & Ugo Fiore & Francesca Perla & Marcello Risitano & Salvatore Scognamiglio, 2022. "Deep Learning Forecasting for Supporting Terminal Operators in Port Business Development," Future Internet, MDPI, vol. 14(8), pages 1-19, July.
    18. Li, Bo, 1988. "Wirtschaftspolitische Rahmenbedingungen und ausländische Direktinvestitionen in der VR China," Kiel Working Papers 339, Kiel Institute for the World Economy (IfW Kiel).
    19. Zeng, Jing & Zhang, Bingqian & Li, Kevin K., 2024. "The impact of free trade zones on ESG performance: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 1110-1122.
    20. Tho V. Le & Satish V. Ukkusuri, 2019. "Influencing factors that determine the usage of the crowd-shipping services," Papers 1902.08681, arXiv.org.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:marecl:v:19:y:2017:i:3:d:10.1057_mel.2016.4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.