Institutional performance and ship registration

Mitroussi, Kyriaki and Arghyrou, Michael G. ORCID: https://orcid.org/0000-0001-6222-5086 2016. Institutional performance and ship registration. Transportation Research Part E: Logistics and Transportation Review 85 , pp. 90-106. 10.1016/j.tre.2015.10.004

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Abstract

The paper introduces a new concept in ship registration, the net flag-out ratio (in contrast to the standard flag-out ratio) and examines the potential contribution of metrics of corruption and institutional measures as decisive factors in explaining flag choice. Context-related factors are also controlled and included in the study. The study uses a cross-sectional, multiple regression econometric approach. Focusing on a sample of the 33 largest ship owning countries, we find that institutional factors do not explain the traditional flag-out measure but determine the net flag-out ratio. Our findings indicate a potential effect of institutional performance/environment on ship registration.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HE Transportation and Communications
Additional Information:	Available online 10 December 2015
Publisher:	Elsevier
ISSN:	1366-5545
Date of First Compliant Deposit:	30 March 2016
Date of Acceptance:	13 October 2015
Last Modified:	22 Nov 2024 13:15
URI:	https://orca.cardiff.ac.uk/id/eprint/84487

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