Maritime cluster relatedness and policy implications

Dong Yang, Chengkun Li, Lu Li, Kee-hung Lai and Venus Y.H. Lun

Transport Policy, 2022, vol. 128, issue C, 76-88

Abstract: Despite existing debates on the maritime cluster's institutional composition, geographical boundary, or evolutionary patterns, few studies have empirically scrutinized the relatedness of industrial sectors inside a maritime cluster. This study aims to develop an industry-relatedness model to quantitatively measure the paired industry relatedness among three maritime sectors: port-related, shipping-related, and maritime business services. Maritime sectors can be labour-intensive or capital-intensive, and thereby we constructed a compound ratio of capital per capita to address the heterogeneity issue in evaluating the industry relatedness. Instead of focusing on a specific maritime cluster, we applied the model to three representative maritime clusters, namely Western Europe, Guangdong-Hong Kong-Macao Greater Bay Area (GBA), and the Yangtze River Delta (YRD), to enhance the generalizability of our findings and implications. Findings suggest that the maritime cluster in Western Europe is characterized by more inter-sector connections. In Western Europe, Ship owning and operating, and Ship management and agency are found to operate with the highest relatedness; GBA has a polarized maritime industry structure with Hong Kong specializing in Ship finance and Shipbroking; cities in YRD operate with a speciality in Shipbuilding and repairing. This study found that differences in industry relatedness are mainly attributable to the focal region's evolutionary history and governance structure. We also provided a valuable reference for policymakers to plan and improve local and regional maritime cluster development.

Keywords: Maritime cluster; Industry relatedness model; Location quotient approach; Port development; Cluster policy (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0967070X22002591
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:trapol:v:128:y:2022:i:c:p:76-88

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

DOI: 10.1016/j.tranpol.2022.09.017

Access Statistics for this article

Transport Policy is currently edited by Y. Hayashi

More articles in Transport Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().