Abstract
Purpose Since 2000, China, along with the USA, UK, France, Japan and many other developed countries have drawn up new blueprints for the development of a marine economy. At present, international marine economics research has entered into a new period of development, and the research methods of ocean econometrics are becoming more complex and mature. The purpose of this paper is to review the progress of international marine econometrics research and gives the development direction of marine econometrics. Design/methodology/approach The Web of Science core collection database was utilized, harvesting data from 1996 to May 2018, measuring the marine economy research from 1,489 articles as its sample, using CiteSpace visualization analysis tools. Findings Mapping the knowledge map from annual international marine economic metrology, literature identification, keywords, involving disciplines and related journals, countries (regions) and research and analyzing the research status of reveals the research frontiers of international marine economy measurement (learning) by using CiteSpace. Originality/value The conceptions and characteristics of marine econometrics are defined and analyzed, and the theoretical method of marine econometrics is sorted out. Mapping the knowledge diagram of marine econometrics and discussing the research status of international marine economics, and clarifying the existing problems, future opportunities and challenges of international marine econometrics research.
Highlights
Marine economy was bred out of the rapid development of marine practice exploration and the in-depth study of marine economic theory
Marine econometrics is a methodological estimation system that uses economic theory, statistics and mathematical methods to reveal causal relationships among various factors entailed in ocean economic phenomena
In order to facilitate the understanding and study of the relevant methods of marine econometrics, this paper introduces its concept, theory and method system in detail, using the bibliometric method to study its results and adopts the method of the literature’s metrology to ocean to quantify the results of econometric analysis, with the help of a knowledge map that is shown visually in the form of more international research status and research situation of the marine econometrics
Summary
Marine economy was bred out of the rapid development of marine practice exploration and the in-depth study of marine economic theory. Jiang (1990) used this quantitative method to predict the development trend of China’s marine economy, and introduced econometrics into the field of marine economic research, in order to explore the causal relationship and related. The generalized method of marine econometrics is a broad term referring to the quantitative analysis of marine economic phenomena using economic theory, statistics and mathematical methods It mainly includes: the classical econometric model and cycle theory, growth theory, optimization theory, decision-making science, wavelet theory and game theory, along with the input-output model, system simulation and methods such as those found in the DEA, CGE and DSGE models
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