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Relationship between maritime transportation and economic growth: highest maritime transport European countries
Abstract
Maritime transport is one of the most widely used transport channels used by countries in foreign trade. The development of maritime transport affects the economic growth levels of countries. In addition, the increase in the level of economic growth of countries increases their share in international foreign trade and this situation increases the importance given by countries to maritime transport day by day. In this context, the study aims to determine whether there is any causality relationship between maritime transport and economic growth variables in Belgium, France, Germany, Italy, Netherlands, Spain, Türkiye, and the United Kingdom, which have the highest maritime transport among European countries. The bootstrap panel causality test was employed to examine the causality relationships between the variables over the time frame of 2008:Q1-2020:Q2. According to the findings, there is a causality relationship from economic growth to maritime transportation in all countries except Italy and the Netherlands. There is a causality relationship from maritime transportation to economic growth in Türkiye and the United Kingdom. As a result, the relationship between maritime transport and economic growth varies from country to country. This situation reveals the necessity of developing national policies for maritime transport by considering the economic structures of the countries.
Keywords
References
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Details
Primary Language
English
Subjects
Marine Transportation
Journal Section
Research Article
Early Pub Date
October 30, 2024
Publication Date
March 1, 2025
Submission Date
September 8, 2024
Acceptance Date
October 14, 2024
Published in Issue
Year 2025 Volume: 11 Number: 1
APA
Canbay, Ş., & Kırca, M. (2025). Relationship between maritime transportation and economic growth: highest maritime transport European countries. Turkish Journal of Maritime and Marine Sciences, 11(1), 14-32. https://doi.org/10.52998/trjmms.1545346
AMA
1.Canbay Ş, Kırca M. Relationship between maritime transportation and economic growth: highest maritime transport European countries. TRJMMS. 2025;11(1):14-32. doi:10.52998/trjmms.1545346
Chicago
Canbay, Şerif, and Mustafa Kırca. 2025. “Relationship Between Maritime Transportation and Economic Growth: Highest Maritime Transport European Countries”. Turkish Journal of Maritime and Marine Sciences 11 (1): 14-32. https://doi.org/10.52998/trjmms.1545346.
EndNote
Canbay Ş, Kırca M (March 1, 2025) Relationship between maritime transportation and economic growth: highest maritime transport European countries. Turkish Journal of Maritime and Marine Sciences 11 1 14–32.
IEEE
[1]Ş. Canbay and M. Kırca, “Relationship between maritime transportation and economic growth: highest maritime transport European countries”, TRJMMS, vol. 11, no. 1, pp. 14–32, Mar. 2025, doi: 10.52998/trjmms.1545346.
ISNAD
Canbay, Şerif - Kırca, Mustafa. “Relationship Between Maritime Transportation and Economic Growth: Highest Maritime Transport European Countries”. Turkish Journal of Maritime and Marine Sciences 11/1 (March 1, 2025): 14-32. https://doi.org/10.52998/trjmms.1545346.
JAMA
1.Canbay Ş, Kırca M. Relationship between maritime transportation and economic growth: highest maritime transport European countries. TRJMMS. 2025;11:14–32.
MLA
Canbay, Şerif, and Mustafa Kırca. “Relationship Between Maritime Transportation and Economic Growth: Highest Maritime Transport European Countries”. Turkish Journal of Maritime and Marine Sciences, vol. 11, no. 1, Mar. 2025, pp. 14-32, doi:10.52998/trjmms.1545346.
Vancouver
1.Şerif Canbay, Mustafa Kırca. Relationship between maritime transportation and economic growth: highest maritime transport European countries. TRJMMS. 2025 Mar. 1;11(1):14-32. doi:10.52998/trjmms.1545346
