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Charting sustainable logistics on the 21st-Century Maritime Silk Road: a DEA-based approach enhanced by risk considerations through prospect theory
Humanities & Social Sciences Communications ( IF 2.731 ) Pub Date : 2024-03-12 , DOI: 10.1057/s41599-024-02928-3
Chia-Nan Wang, Nhat-Luong Nhieu, Chun-Ming Chen

This study investigates the sustainable logistics potential of countries along the Maritime Silk Road (MSR), an essential element of the Belt and Road Initiative (BRI), against a backdrop of increasing global emphasis on sustainability and efficient trade practices. Addressing the gap in existing literature, it explores how strategic positioning influences countries’ logistics capabilities, integrating risk considerations and behavioral decision-making aspects into the assessment. Through a specialized Data Envelopment Analysis (DEA) model that incorporates Prospect Theory, this research provides a nuanced evaluation of economic performance, energy efficiency, infrastructure robustness, governance quality, and innovation capabilities. The analysis reveals significant findings, such as Vietnam’s outstanding economic efficiency, Indonesia’s notable achievements in sustainability and governance, and Malaysia’s balanced efficiency, which collectively enhance the MSR’s logistics framework. Additionally, India, Greece, Djibouti, and Kenya emerge as vital partners due to their diverse strengths. The introduction of a risk-aware DEA model, enriched with behavioral factors, marks a significant advancement in logistics assessment methodologies, offering a more comprehensive understanding of sustainable logistics practices along the MSR. The implications of this study are profound, providing valuable insights for policymakers, investors, and business leaders. It guides strategic decision-making, promoting sustainability in MSR trade activities while aligning with global eco-conscious practices and economic growth within the context of environmental stewardship and sustainable development. However, the research acknowledges limitations related to the indirect measurement of decision-makers’ psychological behavioral coefficients and the focus on efficiency metrics without extensive exploration of cultural, political, or legal factors. This work sets a new precedent in sustainable logistics research, encouraging future studies to incorporate direct behavioral data and qualitative factors for a more enriched evaluation. Its innovative approach not only contributes to the academic discourse on sustainable logistics but also offers practical tools for enhancing the MSR’s trade efficiency and sustainability.



中文翻译:

绘制 21 世纪海上丝绸之路可持续物流图:基于 DEA 的方法,通过前景理论增强风险考虑

本研究在全球日益重视可持续性和高效贸易实践的背景下,调查了海上丝绸之路(MSR)沿线国家的可持续物流潜力,这是“一带一路”倡议(BRI)的重要组成部分。为了弥补现有文献中的空白,它探讨了战略定位如何影响国家的物流能力,并将风险考虑和行为决策方面纳入评估。通过结合前景理论的专门数据包络分析 (DEA) 模型,本研究对经济绩效、能源效率、基础设施稳健性、治理质量和创新能力进行了细致入微的评估。分析揭示了越南出色的经济效率、印度尼西亚在可持续发展和治理方面取得的显着成就以及马来西亚的平衡效率等重要发现,这些共同增强了海上丝绸之路的物流框架。此外,印度、希腊、吉布提和肯尼亚由于各自的优势而成为重要的合作伙伴。引入富含行为因素的风险意识 DEA 模型,标志着物流评估方法的重大进步,使人们能够更全面地了解海上丝绸之路沿线的可持续物流实践。这项研究的影响是深远的,为政策制定者、投资者和商界领袖提供了宝贵的见解。它指导战略决策,促进MSR贸易活动的可持续性,同时在环境管理和可持续发展的背景下与全球生态意识实践和经济增长保持一致。然而,该研究承认间接测量决策者心理行为系数的局限性,并且关注效率指标而没有广泛探索文化、政治或法律因素。这项工作开创了可持续物流研究的新先例,鼓励未来的研究纳入直接行为数据和定性因素,以进行更丰富的评估。其创新方法不仅有助于可持续物流的学术讨论,而且还为提高海上丝绸之路的贸易效率和可持续性提供了实用工具。

更新日期:2024-03-13
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