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This paper aims to study the long-term relationships among Cross-Taiwan-Straits direct shipping passengers and cargo and their socio-economic performances According to the methods of descriptive statistics, correlation analysis, regression equation, and hypothesis verification The empirical results are: Cross-Taiwan-Straits direct shipping passenger and cargo have increased significantly from 2004 to 2019;The significant influencing factors of Cross-Taiwan-Straits direct shipping are the nominal GDP of China and Taiwan and the economic growth rate of China;Cross-Taiwan-Straits direct shipping should be with regional heterogeneity The suggestions of this paper are: The stable Cross-Taiwan-Straits political environment should be an essential issue on Cross-Taiwan-Straits direct shipping policies;Cross-Taiwan-Straits direct shipping is an important economic issue of China and Taiwan;Cross-Taiwan-Straits direct shipping should be important in the efficiency improvement policies which could solve the economic problems of COVID-19, trade disputes between China and the United States, population aging, and financial risks;Cross-Taiwan-Straits direct shipping should consider CTS\' industrial cooperation © 2020 Coastal Education Research Foundation Inc All rights reserved
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Journal_of_Coastal_Research
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The influencing factors of cross-taiwan-straits direct shipping
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