Resilience Measurement and Enhancement Strategies for Meizhou Bay Port Enterprises
Chenyang Chen and
Wei He ()
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Chenyang Chen: Newhuadu Business School, Minjiang University, Fuzhou 350108, China
Wei He: Newhuadu Business School, Minjiang University, Fuzhou 350108, China
Sustainability, 2024, vol. 16, issue 13, 1-16
Abstract:
The measurement of resilience in port enterprises has seldom been studied and understood. To assist port enterprises in formulating scientifically sound resilience enhancement strategies, this paper aims to develop a resilience measurement framework. The entropy-weighted TOPSIS method is utilized to measure the resilience of Meizhou Bay Port, effectively extending the application of resilience theory in the port sector and providing a crucial reference for the resilience measurement of port enterprises. The results reveal that the resilience of Meizhou Bay Port decreased from 0.4049 in 2018 to 0.34013 in 2022, indicating a current low level of resilience that requires a series of measures to enhance. Analyzing different dimensions, absorptive capacity experienced the most significant decline at the onset of the pandemic and then stabilized; adaptive capacity decreased the most, falling below absorptive capacity by 2022; and recovery capacity remained the most stable, with the least decline. This reflects the vulnerability of absorptive and adaptive capacities under significant shocks, necessitating attention and improvement in daily port operations.
Keywords: port resilience; entropy-weighted TOPSIS method; Meizhou bay; measurement (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:13:p:5708-:d:1428588
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