Maritime transportation and the Nigerian economy: matters arising

Lloyd, Chidi; Onyeabor, Emmanuel; Nwafor, Ndubuisi; Alozie, Onyedikachi Josiah; Nwafor, Morning-Glory; Mahakweabba, Ukachukwu; Adibe, Emeka

doi:10.1080/03050718.2019.1708426

Cited by 6 publications

(8 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The study also revealed that the biggest beneficiary of the seaport investment infrastructure is the service sector. These results are similar to those from studies conducted in Nigeria by Igberi and Ogunniyi (2013) and by Lloyd et al (2020) both of which studies showed maritime transport to have positive and significant impacts on the economic growth of that country. Song and Van Geenhuizen (2014) assessed the relationship of port infrastructure investment on the regional economic growth of China from the period of 1999 to 2010.…”

Section: Empirical Literature Reviewsupporting

confidence: 90%

The impact of maritime transport financing on total trade in South Africa

Matekenya

Ncwadi

2022

J. shipp. trd.

View full text Add to dashboard Cite

The study explored the impact of maritime transport financing on trade in South Africa. Using the Autoregressive Distribution lag model, we examine the impact of maritime transport financing on total trade in South Africa during the period 1994 to 2019. The results confirm a long and short-run positive relationship between maritime transport financing and total trade. The findings suggest an overall, substantial investment in maritime transport has the potential to promote trade flows in South Africa. We recommend more investments towards maritime transport infrastructure to ensure a significant increase in exports, and to stimulate economic development in South Africa.

show abstract

Section: Empirical Literature Reviewsupporting

confidence: 90%

The impact of maritime transport financing on total trade in South Africa

Matekenya

Ncwadi

2022

J. shipp. trd.

View full text Add to dashboard Cite

show abstract

“…These results are similar to Emeç (2021), Tunalı and Akarçay (2018), Osadume et al (2020) and Prandeka and Zarkos (2014). However, the results differ from Usta and Sari (2021), Igberi and Ogunniyi (2013), and Lloyd et al (2019. Usta and Sarı (2021) could not establish a long-term relationship between maritime exports and economic growth in their study.…”

Section: Resultsmentioning

confidence: 62%

“…Usta and Sarı (2021) could not establish a long-term relationship between maritime exports and economic growth in their study. and Ogunniyi (2013) and Lloyd et al (2019) reported that maritime transport does not affect economic growth in their research in Nigeria.…”

Section: Resultsmentioning

confidence: 94%

“…Therefore, they mentioned that the government should take economic and political measures regarding maritime transport. Also in Nigeria, Lloyd et al (2019) studied the effects of maritime transport on the economy. Due to the lack of necessary technological investments and the poor management of ports and resources, the impact of the seaway on the Nigerian economy was found to be weak.…”

Section: Maritime Transportmentioning

confidence: 99%

See 1 more Smart Citation

Denizyolu Dış Ticareti ile GSYİH ve Yapı Sektörü Arasındaki İlişkilerin İncelenmesine Yönelik Türkiye Örneği

Yıldız

2022

ODÜSOBİAD

View full text Add to dashboard Cite

Although there are many types of transportation used in foreign trade, maritime transportation is great importance. In the globalizing world, the foreign trades between countries have started to become more common and maritime transport has become one of the main actors. Transportation demand increases in this area even more the fact that it is a cheaper, reliable and environmentally friendly. However, economic crises in the world and increases in sea freight prices can affect maritime transport. This situation can affect not only maritime transport but also the economic situation of countries. The aim of this study is to examine the relations between gross domestic product (GDP) and maritime exports, maritime imports and the construction sector (which is one of the most important economic dynamics of the country), due to the decline in maritime transport in Turkey in recent years. The data for the last years used in the research were obtained from the Turkish Statistical Institute (TSI). The stationarity levels of the data were analyzed with unit root statistics tests. Since all series are stationary at I(1) level, Granger causality method is preferred. As a result, GDP is the Granger cause of maritime exports, maritime imports and the construction industry but no correlation could be established between maritime imports with other data. Also, the construction industry is the Granger cause of maritime exports.

show abstract

“…The maritime sector of Nigeria economy holds great potentials for the growth of national economic development (Lloyd, et al, 2020). The sector boasts of numerous resources which cover both aquatic and marine spaces, including oceans, seas, coasts, lakes, rivers and underground waters.…”

Section: Introductionmentioning

confidence: 99%

Effect of Maritime Defence on Operational Effectiveness of Shipping Companies in Rivers State, Nigeria

CHILEOBU,

EBERE,

OGONU

et al. 2023

strategicjournals.com

View full text Add to dashboard Cite

This study investigated the relationship between maritime defence and operational effectiveness of shipping companies in Rivers State, Nigeria. The study was conceptualized using maritime defence as predictor to flexibility, responsiveness and innovativeness components of operational effectiveness. The study adopted the descriptive survey research design with a correlational type of investigation. The questionnaire method was used to collect relevant data to the study. The study population comprised of the twenty (20) functional shipping companies operating with physical offices in Rivers State, which are also enlisted on Finelib.Com Nigerian Directory. The sample size was the same as the population since the population is not too large. However, the researcher adopted a census sampling technique to administer copies of structured questionnaire to four (4) managers in each of the shipping companies. This means that a total of 80 respondents were used for the study. After data cleaning only 71 copies of the questionnaire were used for the data analysis. Pearson Product Moment Correlation was used in testing the various hypotheses with the help of the Statistical Packages for Social Sciences (SPSS) version 23.0. Findings from the study revealed existence of significant and positive relationship between maritime defence and operational effectiveness of shipping companies in Rivers State Nigeria. The study therefore, concluded that maritime defence significantly relates with operational effectiveness of shipping companies in Nigeria. The study recommended that managers of shipping companies should adopt maritime defence strategies to mitigate threats within the maritime environment, this will impact on operational effectiveness; managers of shipping companies should implement maritime defence measures to ensure operational effectiveness.

show abstract

Maritime transportation and the Nigerian economy: matters arising

Cited by 6 publications

References 0 publications

The impact of maritime transport financing on total trade in South Africa

The impact of maritime transport financing on total trade in South Africa

Denizyolu Dış Ticareti ile GSYİH ve Yapı Sektörü Arasındaki İlişkilerin İncelenmesine Yönelik Türkiye Örneği

Effect of Maritime Defence on Operational Effectiveness of Shipping Companies in Rivers State, Nigeria

Contact Info

Product

Resources

About