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...
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DETALHES
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2014/06/01
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Documento de trabalho sobre pesquisa de políticas
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WPS6921
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1
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1
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2014/06/01
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Disclosed
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The trade-reducing effects of restrictions on liner shipping
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transport cost
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