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Table 5 Observing the segregation between “Water transport” & “Warehousing and support activities for transportation” Divisions

From: Digital adoption and efficiency in the maritime industry

 

Broadband Internet Connection

Enterprise Resource Planning

Customer Relationship Management

Ecommerce Website

Sophisticated Cloud Computing

1st Principal Component

Frontier growth

0.175***

0.115***

0.167***

0.169***

0.139***

0.181***

 

(0.0366)

(0.0385)

(0.0416)

(0.0416)

(0.0463)

(0.0426)

Gap to frontier

0.118***

0.115***

0.117***

0.118***

0.120***

0.121***

 

(0.0045)

(0.0045)

(0.0058)

(0.0053)

(0.0053)

(0.0054)

Age

− 0.0002***

0.0003***

− 0.0002***

− 0.0002***

0.0002***

− 0.0003***

 

(5.29e-05)

(5.43e-05)

(5.41e-05)

(5.13e-05)

(5.02e-05)

(5.47e-05)

Employees

0.0264***

0.0226***

0.0223***

0.0237***

0.0243***

0.0266***

 

(0.0025)

(0.0025)

(0.0013)

(0.0014)

(0.0026)

(0.0028)

Digital Technology

0.124***

0.101**

0.244***

0.176**

0.331***

0.0246***

(Water transport)

(0.0447)

(0.0359)

(0.0438)

(0.0496)

(0.137)

(0.0048)

Digital Technology

0.138***

0.0436

0.150***

0.0474

0.0569

0.0133***

(Warehousing and support activities for transportation)

(0.0321)

(0.0359)

(0.0325)

(0.0428)

(0.0564)

(0.0034)

R-squared

0.064

0.067

0.067

0.064

0.068

0.068

  1. ***, ** and * correspond to p < 0.01, p < 0.05 and p < 0.1 respectively. The last column shows results for the 1st principal component of the five technological tools