Economic Consequences of Cabotage Restrictions : The Effect of the Jones Act on Puerto Rico (English)

This paper studies the consequences of a U.S. cabotage law for Puerto Rico (PR). Data on ship arrivals in PR show that the fleet of U.S. vessels that call there lacks capacity for carrying non-containerized freight. Empirical estimation using trade data shows that PR’s imports of sea-shipped final products are biased against U.S. mainland sources. This bias is strongest for heavy products and products not typically shipped in containers. Among upstream...
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Citation

Hillberry,Russell Henry; Cases Jimenez,Manuel Felipe.

Economic Consequences of Cabotage Restrictions : The Effect of the Jones Act on Puerto Rico (English). Policy Research working paper ; no. WPS 10780; PROSPERITY Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099257005212415735

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