Green Shipping Effect on Sustainable Economy and Environmental Performance

J. Augusto Felício, Ricardo Rodrigues and Vitor Caldeirinha ()
Additional contact information
J. Augusto Felício: School of Economics and Management, University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisboa, Portugal
Ricardo Rodrigues: Center for Management Studies, School of Economics and Management, University of Lisbon, Rua Miguel Lupi, 20, 1249-078 Lisboa, Portugal

Sustainability, 2021, vol. 13, issue 8, 1-15

Abstract: This paper focuses on green shipping and its’ influence on the sustainable economy and environmental performance. Based on the green shipping approach, this empirical study examines a survey sample of 193 responses from Portuguese and Spanish executive managers and uses exploratory factor analysis and structural equation model. The Green shipping approach supports the green theory. The results show the importance of green efficiency, green management, and pollution impact. The confirmation of the sizeable influence of green shipping on the sustainable economy and environmental performance constructs constitutes a major contribution to the literature. Green management and green efficiency contribute to controlling the impact of pollution with practical effects on economic sustainability. Another contribution arises from the fact that tax and financial incentives and environmental sustainability regulations indicate the relevance of the pollution impact and sustainable economy.

Keywords: shipping industry; green theory; green shipping; environmental performance; sustainable economy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.mdpi.com/2071-1050/13/8/4256/pdf (application/pdf)
https://www.mdpi.com/2071-1050/13/8/4256/ (text/html)

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:gam:jsusta:v:13:y:2021:i:8:p:4256-:d:534346

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().