Study on Trade Effects of Green Maritime Transport Efficiency: An Empirical Test for China Based on Trade Decision Model

Abstract

As the natural environment continues to deteriorate, countries have begun to shift their emphasis to sustainable development, and the study of green shipping—as the main realization of international trade—is an important prerequisite for global sustainable trade. This paper measures the green maritime transport efficiency considering greenhouse gas emissions using the Super-slacks-based measurement (Super-SBM) method, then extrapolates the theoretical model of trade decision covering maritime transport efficiency and maritime transport distance based on the transcendental logarithmic utility function. A panel econometric model based on this theoretical model was constructed, and then the trade effects of green maritime transport efficiency and its transmission mechanism were studied empirically based on the data of 60 sample countries (regions) in five continents from the years 2010 to 2020. The study shows that green maritime transport efficiency significantly promotes China’s foreign trade through three channels: promoting technological progress, reducing trade costs and curbing environmental deterioration. Additionally, this effect tends to be stronger for countries that are IMO members and have higher incomes. This article’s research helps to provide new empirical evidence to explain the growth of international trade.

Environmental regulatory intensity, green finance and corporate green sustainable development performance

“…This study refers to the practices of Guo et al (2023) [ 53 ], and uses different methods to reduce endogeneity problems. This paper first uses the intensity of environmental regulation from the previous period as an instrumental variable.…”

Artificial Intelligence and Machine Learning for Green Shipping: Navigating towards Sustainable Maritime Practices

“…Fig. 2 Policy framework for green shipping and its effects [92] The International Maritime Organization (IMO), a specialized entity of the United Nations, plays a crucial role in creating and enforcing regulations that apply to the marine sector globally. Many rules apply to environmentally friendly practices in the maritime industry that are enacted by the International Maritime Organization (IMO):…”

“…3 Various technologies for improvement of the green maritime sector [98] Fig. 4 The geographic distribution of mean green marine transport efficiency per nation [92] The European Union (EU) has been at the forefront of implementing ecologically friendly maritime rules to cut emissions and advance the cause of sustainability. Among the topics under the purview of EU regulation are those concerning energy efficiency, carbon dioxide emissions, and sulfur emissions [88].…”