Shipping costs, manufactured exports, and economic growth (English)

In the Wealth of Nations, Adam Smith put great stress on the relationship between geographic location and international trade. Smith observed that a more extensive division of labor was likely to develop first along sea coasts and navigable rivers, where transport costs were especially low: As by means of water-carriage a more extensive market is opened to every sort of industry than what land-carriage alone can afford it, so it is upon the sea-coast...

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Author

Radelet,Steven;

SACHS, JEFFREY D.;
Document Date
1998/01/01
Document Type
Working Paper
Report Number
111639
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2017/01/05
Disclosure Status
Disclosed
Doc Name
Shipping costs, manufactured exports, and economic growth
Keywords
shipping cost

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Citation

Radelet,Steven; SACHS, JEFFREY D..

Shipping costs, manufactured exports, and economic growth (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/483661483605903571

Shipping costs, manufactured exports, and economic growth (English)

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