Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/298938 
Authors: 
Year of Publication: 
2023
Citation: 
[Journal:] Journal of Shipping and Trade (JST) [ISSN:] 2364-4575 [Volume:] 8 [Issue:] 1 [Article No.:] 1 [Year:] 2023 [Pages:] 1-17
Publisher: 
SpringerOpen, London
Abstract: 
This study applied a Cobb-Douglas production function in an attempt to assess the effect of increased maritime sector investment on economic growth. It did this for the Tunisian economy based on panel data for the 1985-2020 period, thus making it possible to confirm the importance of spillover effects resulting from developing the Tunisian maritime infrastructure. Increases in added value for market services and non-manufacturing industries proves the benefits of investments but also the harm caused by the structuring effects of marine infrastructure. The results reveal, however, that the positive induced effects are not guaranteed, because the development of maritime infrastructure can have the opposite effect, such as by shrinking the size of the manufacturing industries in relation to services, which is a striking example of a negative effect that was suffered by the Tunisian economy.
Subjects: 
Growth
Maritime infrastructure
Shipping
Spillover effects
Structuring effects
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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