Browsing by Author "Ndukwu, Ibeawuchi Peter"

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    Analysis of the effects of globalisation on maritime logistics in Nigeria
    (Federal University of Technology, Owerri, 2024-02) Ndukwu, Ibeawuchi Peter
    The study investigated the effects of economic globalization maritime trade and port logistics in Nigeria. The central objective was to determine the significance of the influence of economic globalization on values of seaborne export and import trade, GDP maritime transport, port revenue, ship traffic calls in Nigeria ports, trend ship turnaround time in Nigeria ports, and cargo dwell time trend in Nigeria ports. The study used ex-post facto research designed and secondary data sourced from the Nigeria Ports Authority, Central bank of Nigeria and the International Monetary Fund covering a period of 15 years from 2005 to 2019. The log-linear multiple regression analysis method was used to analyze the data obtained. It was found that while there is significant effect of economic globalization on the value of shipping export trade, value of shipping import trade, GDP maritime transport, port revenue generated in Nigeria between 2005 and 2019; there is no significant effects of economic globalization of maritime logistics indicator variables such as the ship calls in Nigeria ports, trend of ship turnaround time in Nigeria ports, and the trend of cargo dwell time in Nigeria ports. The following empirical models among others were developed showing the effects of economic globalization on maritime logistics in Nigeria: InEXPtrade = 7.484 - 0.428InKOFTRGlDf + 2.046InKOFTRGlDj + 1.95InKOFFGlDj + 0.552InKOFFGlDf + e; InEXPtrade = 23.396 – 2.388InKOFTRGlDf + 8.279InKOFTRGlDj + 3.838InKOFFGlDj – 9.423InKOFFGlDf + e; InIMPtrade = 23.396 – 2.388InKOFTRGlDf + 8.279InKOFTRGlDj + 3.838InKOFFGlDj – 9.423InKOFFGlDf + e; InSHIP traffic = 5.966 + 0.841InKOFTRGlDf - 0.852InKOFTRGlDj + 0.185InKOFFGlDj + 0.486InKOFFGlDf + e; InGDPmaritime = 5.016 -1.21InKOFTRGlDf + 0.503InKOFTRGlDj + 1.623InKOFFGlDj + 0.672InKOFFGlDf + e. The policy implications were discussed and recommendations proffered in line with the study findings.