Abstract
As global sourcing increases worldwide and the separation of production and consumption markets continue to grow, the maritime industry is becoming increasingly important as world commodity trade expands. This study compares the efficiencies of Korean and Chinese maritime companies by using the DEA-AR/AHP model, which can largely improve the evaluation quality for efficiency discrimination and also search for more efficient benchmarked shipping companies. In order to combine the DEA-AR model with the AHP method, we conducted a survey on 23 maritime companies in Korea and China using a questionnaire. After evaluating the efficiencies of these 23 Korea-China shipping companies by using the DEA-CCR-AR/AHP result obtained through the DEA-AR/AHP model, it was found that Korea’s Sinokor Merchant Marine Co., Ltd. was the most efficient shipping company from the year 2010 to 2015, whereas the other shipping companies exhibited less efficiency.
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