Journal of Marine Science and Technology

Journal of Marine Science and Technology

Causal and structural investigation of the effect of port development on economic growth: a cross-country study

Articles in Press

Document Type : Original Manuscript

Authors
Fatimah Hosseinpour 1
Amin Tabae Izady 2
1 Department of economocs, Faculty of economic and managment, Khoramshahr Marine Science and Technology University, Khoramshahr, Iran.
2 Ph.D of economics, Khorramshahr, Iran.
10.22113/jmst.2023.368542.2501
Abstract
The present study, by reviewing some of the views regarding the reduction of the role of ports in economic growth and development over time, has tried to evaluate the effect of ports on economic growth in a group of 122 countries between 2004 and 2021. To achieve the goal in this research, the causality analysis of Dumitrescu and Hurlin was used in Unbalanced panel data and unit specific lag order, as well as a set of panel regression estimates. In this research, the liner shipping connectivity index has been used as the port performance index. The results of the causality analysis show that the bidirectional causal relationship between port performance and economic growth cannot be rejected. Also, the results of various regressions estimates of economic growth show that the performance of ports has a remarkable and significant effect on the economic growth of countries. . . . . . .
Keywords
Port
maritime transport
liner shipping connectivity index (LSCI)

Subjects

Journal of Marine Science and Technology

Articles in Press, Accepted Manuscript
Available Online from 30 January 2023

  • Receive Date 26 November 2022
  • Revise Date 26 December 2022
  • Accept Date 15 January 2023
  • Publish Date 30 January 2023