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The trade-reducing effects of restrictions on liner shipping
journal contribution
posted on 2023-06-08, 23:43 authored by Fabien Bertho, Ingo BorchertIngo Borchert, Aaditya MattooThis paper examines how policy governing the liner shipping sector affects maritime transport costs and seaborne trade flows. The paper uses a novel data set and finds that restrictions, particularly on foreign investment, increase maritime transport costs, strongly but unevenly. The cost-inflating effect ranges from 24 to 50 percent and trade on some routes may be inhibited altogether. Distance increases maritime transport costs, but also attenuates the cost impact of policy barriers. Overall, policy restrictions may lower trade flows on specific routes by up to 46 percent and therefore deserve greater attention in national reform programs and international trade negotiations.
History
Publication status
- Published
Journal
Journal of Comparative EconomicsISSN
0147-5967Publisher
ElsevierExternal DOI
Issue
2Volume
44Page range
231-242Department affiliated with
- Economics Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2015-12-08Usage metrics
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