Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data

The unexpected outbreak of COVID-19 epidemic is an unpredictable event in shipping trade. In this paper, we mainly investigate the gaps that occur in the shipping trade between China and different regions during the period February-October 2020 and to provide useful information for operation managem...

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Detalles Bibliográficos
Autores principales: Xu, Lang, Shi, Jia, Chen, Jihong, Li, Li
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Published by Elsevier Ltd. 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8413456/
https://www.ncbi.nlm.nih.gov/pubmed/34493890
http://dx.doi.org/10.1016/j.marpol.2021.104768
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author Xu, Lang
Shi, Jia
Chen, Jihong
Li, Li
author_facet Xu, Lang
Shi, Jia
Chen, Jihong
Li, Li
author_sort Xu, Lang
collection PubMed
description The unexpected outbreak of COVID-19 epidemic is an unpredictable event in shipping trade. In this paper, we mainly investigate the gaps that occur in the shipping trade between China and different regions during the period February-October 2020 and to provide useful information for operation management of shipping industry. The data include a panel obtained from the National Statistics Institute to analyze the gap where a selected group of shipping trade in three regions are considered: European Union, North America, and Southeast Asia. On this basis, a dynamic panel data model is proposed to estimate the trend. We observe that government prevention and control measures have a negative impact on export trade, while import trade increases accordingly.
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spelling pubmed-84134562021-09-03 Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data Xu, Lang Shi, Jia Chen, Jihong Li, Li Mar Policy Article The unexpected outbreak of COVID-19 epidemic is an unpredictable event in shipping trade. In this paper, we mainly investigate the gaps that occur in the shipping trade between China and different regions during the period February-October 2020 and to provide useful information for operation management of shipping industry. The data include a panel obtained from the National Statistics Institute to analyze the gap where a selected group of shipping trade in three regions are considered: European Union, North America, and Southeast Asia. On this basis, a dynamic panel data model is proposed to estimate the trend. We observe that government prevention and control measures have a negative impact on export trade, while import trade increases accordingly. Published by Elsevier Ltd. 2021-11 2021-09-03 /pmc/articles/PMC8413456/ /pubmed/34493890 http://dx.doi.org/10.1016/j.marpol.2021.104768 Text en © 2021 Published by Elsevier Ltd. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Xu, Lang
Shi, Jia
Chen, Jihong
Li, Li
Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data
title Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data
title_full Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data
title_fullStr Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data
title_full_unstemmed Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data
title_short Estimating the effect of COVID-19 epidemic on shipping trade: An empirical analysis using panel data
title_sort estimating the effect of covid-19 epidemic on shipping trade: an empirical analysis using panel data
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8413456/
https://www.ncbi.nlm.nih.gov/pubmed/34493890
http://dx.doi.org/10.1016/j.marpol.2021.104768
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