Book/Printed Material Port efficiency, maritime transport costs and bilateral trade
About this Item
Title
- Port efficiency, maritime transport costs and bilateral trade
Summary
- "Recent literature has emphasized the importance of transport costs and infrastructure in explaining trade, access to markets, and increases in per capita income. For most Latin American countries, transport costs are a greater barrier to U.S. markets than import tariffs. We investigate the determinants of shipping costs to the U.S. with a large database of more than 300,000 observations per year on shipments of products aggregated at six-digit HS level from different ports around the world. Distance volumes and product characteristics matter. In addition, we find that ports efficiency is an important determinant of shipping costs. Improving port efficiency from the 25th to the 75th percentile reduces shipping costs by 12 percent. (Bad ports are equivalent to being 60% farther away from markets for the average country.) Inefficient ports also increase handling costs, which are one of the components of shipping costs. Reductions in country inefficiencies associated to transport costs from the 25th to 75th percentiles imply an increase in bilateral trade of around 25 percent. Finally, we try to explain variations in port efficiency and find that they are linked to excessive regulation, the prevalence of organized crime, and the general condition of the country's infrastructure"--National Bureau of Economic Research web site.
Names
- Clark, Ximena
- Chetty, Raj
- National Bureau of Economic Research
Created / Published
- Cambridge, MA : National Bureau of Economic Research, c2004.
Headings
- - Harbors--Management--Econometric models
- - Marine terminals--Management--Econometric models
- - Shipment of goods--Costs--Econometric models
- - Shipping--Costs--Econometric models
Notes
- - Title from PDF file as viewed on 1/18/2005.
- - Includes bibliographical references.
- - Also available in print.
- - Mode of access: World Wide Web.
- - System requirements: Adobe Acrobat Reader.
Call Number/Physical Location
- HB1
Digital Id
- https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005615761
- http://papers.nber.org/papers/W10353 External
Library of Congress Control Number
- 2005615761
Access Advisory
- Unrestricted online access
Online Format
- image