Targeting the Effectiveness Assessment of the Emission Control Policies on the Shipping Industry

Lixian Fan (), Hao Yang and Xinfang Zhang
Additional contact information
Lixian Fan: School of Management, Shanghai University, Shanghai 200444, China
Hao Yang: School of Management, Shanghai University, Shanghai 200444, China
Xinfang Zhang: School of Management, Shanghai University, Shanghai 200444, China

Sustainability, 2024, vol. 16, issue 6, 1-16

Abstract: Compared to air, rail, and road transport, shipping is a more energy-efficient and environmentally friendly way to transport goods over a long distance. However, the unprecedented growth of global seaborne trade has had a significant impact on the environment. The process of shipping transportation, through exhaust gas, wastewater discharge, fuel leakage, etc., has caused very serious environmental pollution. In response to this issue, the International Maritime Organization introduced the International Convention for the Prevention of Pollution from Ships (MARPOL) Convention to regulate the discharge of pollution from ships. Given that there are few studies discussing policy effectiveness, this study comprehensively considers and reviews the implementation effectiveness of all annexed policies under the MARPOL Convention. After discussing the differences between these policies based on the implementation conditions, requirements, strictness, and scope of adoption, the empirical analysis method of time-varying differences-in-differences model is adopted to analyze the policy effectiveness of each annex. It further puts forward suggestions and references for the formulation of effective maritime policies in the future that should be targeted, comprehensive, contingency-based, and proactive. This will help design or revise policies in the shipping industry, thereby promoting the early achievement of shipping emission reduction targets and contributing to the sustainability of the shipping industry.

Keywords: green shipping; policy effectiveness; MARPOL Convention; shipping emissions; differences-in-differences model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/6/2465/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/6/2465/ (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:16:y:2024:i:6:p:2465-:d:1357968

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 ().