Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index Creation

Maritime transport and ports are among the most important linkages between global economies, handling more than 90% of internationally traded goods. Economic importance of maritime transport imposes significant implications on the social and environmental performance of port regions. The paper aims...

Full description

Bibliographic Details
Main Authors: Jelena J. Stanković, Ivana Marjanović, Jason Papathanasiou, Saša Drezgić
Format: Article
Language:English
Published: MDPI AG 2021-01-01
Series:Journal of Marine Science and Engineering
Subjects:
Online Access:https://www.mdpi.com/2077-1312/9/1/74
id doaj-cbf79a9a27694f6faa8fa3d0c917064f
record_format Article
spelling doaj-cbf79a9a27694f6faa8fa3d0c917064f2021-04-02T18:34:38ZengMDPI AGJournal of Marine Science and Engineering2077-13122021-01-019747410.3390/jmse9010074Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index CreationJelena J. Stanković0Ivana Marjanović1Jason Papathanasiou2Saša Drezgić3Faculty of Economics, University of Niš, 18000 Niš, SerbiaFaculty of Economics, University of Niš, 18000 Niš, SerbiaDepartment of Business Administration, University of Macedonia, 54636 Thessaloniki, GreeceFaculty of Economics and Business, University of Rijeka, 51000 Rijeka, CroatiaMaritime transport and ports are among the most important linkages between global economies, handling more than 90% of internationally traded goods. Economic importance of maritime transport imposes significant implications on the social and environmental performance of port regions. The paper aims to create composite indices as relevant, scientific-based tools used in comparing and monitoring various aspects of sustainability across 37 sea port regions in seven countries on the European side of the Mediterranean, covering a five-year period from 2014 to 2018. The model encompasses Eurostat and OECD annual NUTS2 level data covering economic, social and environmental dimensions of sustainability. Two important indicators of maritime transport activity, maritime transport of freight and maritime transport of passengers, are included within the group of economic indicators. To create composite indices, the multicriteria decision making (MCDM) framework was used as an integrated approach of entropy in the weighting segment, and the Preference Ranking Organization METHod for Enrichment of Evaluations (PROMETHEE) as an aggregation method. The results highlight GDP per capita and population density as indicators of the greatest relative importance when it comes to port regions sustainability. The ranking results indicate that, despite the fact that Attica is the best ranked region in terms of overall sustainability, the largest number of top rated port regions are in Italy, Spain and France.https://www.mdpi.com/2077-1312/9/1/74regional sustainabilitysea portsmaritime transportmulticriteria decision makingcomposite index
collection DOAJ
language English
format Article
sources DOAJ
author Jelena J. Stanković
Ivana Marjanović
Jason Papathanasiou
Saša Drezgić
spellingShingle Jelena J. Stanković
Ivana Marjanović
Jason Papathanasiou
Saša Drezgić
Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index Creation
Journal of Marine Science and Engineering
regional sustainability
sea ports
maritime transport
multicriteria decision making
composite index
author_facet Jelena J. Stanković
Ivana Marjanović
Jason Papathanasiou
Saša Drezgić
author_sort Jelena J. Stanković
title Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index Creation
title_short Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index Creation
title_full Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index Creation
title_fullStr Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index Creation
title_full_unstemmed Social, Economic and Environmental Sustainability of Port Regions: MCDM Approach in Composite Index Creation
title_sort social, economic and environmental sustainability of port regions: mcdm approach in composite index creation
publisher MDPI AG
series Journal of Marine Science and Engineering
issn 2077-1312
publishDate 2021-01-01
description Maritime transport and ports are among the most important linkages between global economies, handling more than 90% of internationally traded goods. Economic importance of maritime transport imposes significant implications on the social and environmental performance of port regions. The paper aims to create composite indices as relevant, scientific-based tools used in comparing and monitoring various aspects of sustainability across 37 sea port regions in seven countries on the European side of the Mediterranean, covering a five-year period from 2014 to 2018. The model encompasses Eurostat and OECD annual NUTS2 level data covering economic, social and environmental dimensions of sustainability. Two important indicators of maritime transport activity, maritime transport of freight and maritime transport of passengers, are included within the group of economic indicators. To create composite indices, the multicriteria decision making (MCDM) framework was used as an integrated approach of entropy in the weighting segment, and the Preference Ranking Organization METHod for Enrichment of Evaluations (PROMETHEE) as an aggregation method. The results highlight GDP per capita and population density as indicators of the greatest relative importance when it comes to port regions sustainability. The ranking results indicate that, despite the fact that Attica is the best ranked region in terms of overall sustainability, the largest number of top rated port regions are in Italy, Spain and France.
topic regional sustainability
sea ports
maritime transport
multicriteria decision making
composite index
url https://www.mdpi.com/2077-1312/9/1/74
work_keys_str_mv AT jelenajstankovic socialeconomicandenvironmentalsustainabilityofportregionsmcdmapproachincompositeindexcreation
AT ivanamarjanovic socialeconomicandenvironmentalsustainabilityofportregionsmcdmapproachincompositeindexcreation
AT jasonpapathanasiou socialeconomicandenvironmentalsustainabilityofportregionsmcdmapproachincompositeindexcreation
AT sasadrezgic socialeconomicandenvironmentalsustainabilityofportregionsmcdmapproachincompositeindexcreation
_version_ 1721551575765221376