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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 Mattoo
This 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 Economics

ISSN

0147-5967

Publisher

Elsevier

Issue

2

Volume

44

Page range

231-242

Department affiliated with

  • Economics Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2015-12-08

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