The shipping industry has been called 'the first globalised industry'. In this paper we analyse how domestic regulations have shaped the adaptations of ship owners in Norway, one of the leading providers of international shipping services for more than 150 years. The paper deals with the interaction between the international and domestic aspects of the shipping industry, with particular emphasis on demand (the market for shipping services), labour and capital. In particular, we discuss the relationship between international developments and the Norwegian regulatory regime.
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Brautaset et al. (2008) studied this question.
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