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Title The Role of Modern Ports in the National Economic Development: An Application to Iran and the Port of Bandar Abbas
ID_Doc 65841
Authors Nazemzadeh, M; Queiroz, C
Title The Role of Modern Ports in the National Economic Development: An Application to Iran and the Port of Bandar Abbas
Year 2018
Published
Abstract This paper discusses how, in the globalized business environment, the formation of clusters can provide an efficient means of fulfilling the supply chain and logistics function. It is also proposed that the flexibility and attractiveness of a port in such a dynamic business environment are the main success factors of the port and, subsequently, that will impact on the regional economy in a port's location. In Iran, both technical and structural factors must adjust appropriately to move the Bandar Abbas Port towards a regional commercial location. Policy makers should take ports and their evolution to commercial location into account when formulating policies and strategies to achieve sustainable development. A growth model is used in this research to estimate the port function contribution to economic development in the existing conditions for Iran. The estimated results indicate the positive and significant impact of sea transport on GDP of Iran in the study period.
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