The link between economic and environmental performance of the top 10 U.S. ports |
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| Authors: | SangHyun Cheon Arnold Maltz Kevin Dooley |
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| Institution: | 1. Department of Urban Planning and Design, Hongik University, Seoul, Korea;2. Department of Supply Chain Management, W.P. Carey School of Business, Arizona State University, Tempe, AZ, USA;3. Julie Ann Wrigley Global Institute of Sustainability, Arizona State University, Tempe, AZ, USA |
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| Abstract: | Ports currently face increasing demands to address a variety of environmental issues and achieve sustainability objectives. Using insights from the resource-based view of firms, this study examines the link between economic performance (EP) and environmental performance (ENP) of the top 10 U.S. seaports. Geospatial modeling is used to capture pollution incidents that can be geographically dispersed; in addition, both a bootstrap data envelopment analysis (DEA) approach and an undesirable DEA model are used to measure port ENP and EP. Our findings are in general consistent with assertions that positive EP can be attained in conjunction with good environmental practices. Ports’ capabilities of strategic capital investment in physical assets, collaborative interorganizational processes, and performance monitoring are essential, while they pursue both economic and environmental goals simultaneously. |
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| Keywords: | Sustainability port pollution environmental performance resource-based view of firms bootstrap DEA undesirable DEA kernel density estimation |
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