Inmaculada Mart�nez-Zarzoso
International transport costs and the margins of Intra-Latin American maritime trade
Mart�nez-Zarzoso, Inmaculada; Wilmsmeier, Gordon
Authors
Gordon Wilmsmeier
Abstract
This paper focuses on the analysis of the relationship between maritime trade and transport cost in Latin America. The analysis is based on disaggregated (SITC 5 digit level) trade data for intra Latin maritime trade routes over the period 1999-2004. The research contributes to the literature by disentangling the effects of transport costs on the range of traded goods (extensive margin) and the traded volumes of goods (intensive margin) of international trade in order to test some of the predictions of the trade theories that introduce firm heterogeneity in productivity, as well as fixed costs of exporting. Recent investigations show that spatial frictions (distance) reduce trade mainly by trimming the number of shipments and that most firms ship only to geographically proximate customers, instead of shipping to many destinations in quantities that decrease in distance. Our analyses confirm these findings and show that the opposite pattern is observed for ad-valorem freight rates that reduce aggregate trade values mainly by reducing the volume of imported goods (intensive margin).
Citation
Martínez-Zarzoso, I., & Wilmsmeier, G. (2010). International transport costs and the margins of Intra-Latin American maritime trade. Aussenwirtschaft, 65, 49-72
Journal Article Type | Article |
---|---|
Publication Date | 2010 |
Deposit Date | Mar 18, 2011 |
Peer Reviewed | Peer Reviewed |
Volume | 65 |
Pages | 49-72 |
Keywords | Maritime trade; transport costs; Latin America; trade routes; imported goods; |
Public URL | http://researchrepository.napier.ac.uk/id/eprint/4207 |
You might also like
Editorial: Advancing Shipping and Seaports in a Changing Global Economic Landscape.
(2013)
Journal Article
The dry port concept – theory and practice
(2012)
Journal Article
Costs, revenue, service attributes and competition in shipping
(2012)
Journal Article
Public tendering of ferry services in Europe
(2011)
Journal Article
Downloadable Citations
About Edinburgh Napier Research Repository
Administrator e-mail: repository@napier.ac.uk
This application uses the following open-source libraries:
SheetJS Community Edition
Apache License Version 2.0 (http://www.apache.org/licenses/)
PDF.js
Apache License Version 2.0 (http://www.apache.org/licenses/)
Font Awesome
SIL OFL 1.1 (http://scripts.sil.org/OFL)
MIT License (http://opensource.org/licenses/mit-license.html)
CC BY 3.0 ( http://creativecommons.org/licenses/by/3.0/)
Powered by Worktribe © 2024
Advanced Search