Impact of politics, economic events and port policies on the evolution of maritime traffic in Chinese ports
The Chinese government has been exploring various paths to find a direction that better suits China's national conditions during the past 60 years. Meanwhile, a series of political and economic events and policy transformations have had different effects on the port industry. This article attempts to ascertain how these events and port policies have influenced Chinese port traffic through an empirical study on data covering 1952-2009. The findings suggest that foreign trade has been the prime driver of the throughput of Chinese ports. The increase in the ports' throughput has enabled an increase in domestic demand and the urgent need for further port investment. Chinese port throughput has been subject to multiple shocks. The Great Leap Forward-super-1 is found to have had the largest, but only a short-term impact. China's accession to the World Trade Organization, however, led to a longer and exclusive effect on ports, with little observed effect on the other variables. The reform of port governance is shown to have had a more lasting positive effect on port throughput than physical investment. However, these latter effects are minor, the economic and political factors remain the primary driving factors of port throughput.
Volume (Year): 41 (2014)
Issue (Month): 4 (July)
|Contact details of provider:|| Web page: http://www.tandfonline.com/TMPM20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/TMPM20|
When requesting a correction, please mention this item's handle: RePEc:taf:marpmg:v:41:y:2014:i:4:p:346-366. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.