Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control Method

Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL Convention), adopted in October 2008, was dedicated to addressing environmental issues caused by ships, especially in ports, inland waterways, and some sea areas with concentrated routes and high navigational...

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Main Authors: Lang Xu, Zeyuan Zou, Lin Liu, Guangnian Xiao
Format: Article
Language:English
Published: MDPI AG 2024-01-01
Series:Journal of Marine Science and Engineering
Subjects:
Online Access:https://www.mdpi.com/2077-1312/12/1/149
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author Lang Xu
Zeyuan Zou
Lin Liu
Guangnian Xiao
author_facet Lang Xu
Zeyuan Zou
Lin Liu
Guangnian Xiao
author_sort Lang Xu
collection DOAJ
description Annex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL Convention), adopted in October 2008, was dedicated to addressing environmental issues caused by ships, especially in ports, inland waterways, and some sea areas with concentrated routes and high navigational density. This study utilizes a regional-level ship dataset to assess the influences of emission-control areas (ECAs) on the ecological shipbuilding industry by fitting the policy utility through the synthetic control method and testing robustness via the difference-in-differences method. The outcomes of this study show that the cumulative new orders for eco-designed ships in China, The Netherlands, Republic of Korea, the UK, and the USA increased by 3401, 81, 234, 549, and −1435, respectively, after the implementation of ECAs. Compared to the implementation of ECAs, the increases were about 32%, 20%, 41%, 66%, and −83%, respectively.
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spelling doaj.art-0ef0e608c0c64989a8690d3edca547732024-01-26T17:17:15ZengMDPI AGJournal of Marine Science and Engineering2077-13122024-01-0112114910.3390/jmse12010149Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control MethodLang Xu0Zeyuan Zou1Lin Liu2Guangnian Xiao3College of Transport & Communications, Shanghai Maritime University, Shanghai 201306, ChinaCollege of Transport & Communications, Shanghai Maritime University, Shanghai 201306, ChinaNaval Medicine Center, Naval Medicine University, Shanghai 200433, ChinaSchool of Economics & Management, Shanghai Maritime University, Shanghai 201306, ChinaAnnex VI of the International Convention for the Prevention of Pollution from Ships (MARPOL Convention), adopted in October 2008, was dedicated to addressing environmental issues caused by ships, especially in ports, inland waterways, and some sea areas with concentrated routes and high navigational density. This study utilizes a regional-level ship dataset to assess the influences of emission-control areas (ECAs) on the ecological shipbuilding industry by fitting the policy utility through the synthetic control method and testing robustness via the difference-in-differences method. The outcomes of this study show that the cumulative new orders for eco-designed ships in China, The Netherlands, Republic of Korea, the UK, and the USA increased by 3401, 81, 234, 549, and −1435, respectively, after the implementation of ECAs. Compared to the implementation of ECAs, the increases were about 32%, 20%, 41%, 66%, and −83%, respectively.https://www.mdpi.com/2077-1312/12/1/149eco-designed shipshipbuilding industrysynthetic control methodemission-control area
spellingShingle Lang Xu
Zeyuan Zou
Lin Liu
Guangnian Xiao
Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control Method
Journal of Marine Science and Engineering
eco-designed ship
shipbuilding industry
synthetic control method
emission-control area
title Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control Method
title_full Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control Method
title_fullStr Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control Method
title_full_unstemmed Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control Method
title_short Influence of Emission-Control Areas on the Eco-Shipbuilding Industry: A Perspective of the Synthetic Control Method
title_sort influence of emission control areas on the eco shipbuilding industry a perspective of the synthetic control method
topic eco-designed ship
shipbuilding industry
synthetic control method
emission-control area
url https://www.mdpi.com/2077-1312/12/1/149
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AT zeyuanzou influenceofemissioncontrolareasontheecoshipbuildingindustryaperspectiveofthesyntheticcontrolmethod
AT linliu influenceofemissioncontrolareasontheecoshipbuildingindustryaperspectiveofthesyntheticcontrolmethod
AT guangnianxiao influenceofemissioncontrolareasontheecoshipbuildingindustryaperspectiveofthesyntheticcontrolmethod