The Effect of Container Liner Shipping on Economic Growth: A Panel Data Analysis

In this study, unbalanced panel data are used to estimate how container liner shipping freight and liner connectivity influence economic growth for a sample of 31 countries over a seven-year period. The fixed and random effects are estimated by using the pooled ordinary least squares and feasible generalised least squares methods, respectively. The coefficients of both transport costs (using container liner freight as a proxy) and liner connectivity (liner shipping network integration level) are found to be statistically significant at the 5% level. Further, the estimated effect of liner connectivity on GDP growth is greater than that of container liner freight, which implies that an increase in liner connectivity could be more effective at stimulating trade growth. The main contribution of this study is thus quantifying the effects of the container liner shipping industry on economic growth.

• Record URL:
  https://www.polyu.edu.hk/lms/ICMS/Proceedings/Proceedings%20of%20IFSPA%202015.pdf
• 
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/isbn/9789623677967
• Supplemental Notes:
  • Abstract reprinted with permission of Hong Kong Polytechnic University.
• Corporate Authors:

  Hong Kong Polytechnic University

  Department of Logistics and Maritime Studies
  Tung International Centre for Maritime Studies
  Hong Kong,   China 
• Authors:
  • Hirata, Enna P
  • Murakami, Hideki
• Conference:
  • International Forum on Shipping, Ports and Airports (IFSPA) 2015: Empowering Excellence in Maritime and Air Logistics: Innovation Management and Technology
  • Location: Hong Kong , China
  • Date: 2015-11-29 to 2015-12-2
• Publication Date: 2016-5

Language

• English

Media Info

• Media Type: Digital/other
• Features: Appendices; Figures; References; Tables;
• Pagination: pp 305-317
• Monograph Title: Proceedings of the International Forum on Shipping, Ports and Airports (IFSPA) 2015: Empowering Excellence in Maritime and Air Logistics: Innovation Management and Technology

Subject/Index Terms

• TRT Terms: Connectivity; Containerization; Economic growth; Gross domestic product; Least squares method; Liner shipping; Regression analysis
• Subject Areas: Economics; Marine Transportation;

Filing Info

• Accession Number: 01609476
• Record Type: Publication
• ISBN: 9789623677967
• Files: TRIS
• Created Date: Sep 1 2016 9:06AM