The effect of COVID-19 pandemic on port performance: Evidence from China

• Published in: Ocean & coastal management Vol. 209; p. 105660
• Main Authors: Xu, Lang, Yang, Shumiao, Chen, Jihong, Shi, Jia
• Format: Journal Article
• Language: English
• Published: England Elsevier Ltd 01-08-2021
• Subjects: COVID-19 pandemic; International shipping; Panel data; Port performance; Regression model; COVID-19 pandemic; Port performance; Panel data; Regression model; International shipping
• ISSN: 0964-5691; 1873-524X
• DOI: 10.1016/j.ocecoaman.2021.105660

The COVID-19 outbreak has had a serious effect on the global economy, particularly the volume of port trade between imports and exports. We construct a panel regression model with month as time series where panel data from 14 major ports in China from January to October 2020 to analyze how the macro economy, the severity of the epidemic, and government control measures affect port operations. Based on the results, we have identified the key factors affecting port operations in the context of the pandemic and the managerial insights can help shipping company, port operator and government to change the strategy to copy with the effect of COVID-19 pandemic.
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•The COVID-19 epidemic has caused a serious effect on port performance.•A panel regression model is constructed to analyze the effect on port performance.•14 major ports in China are selected as case study.•Government's control measures have the opposite impact on port performance.