Transshipment in the United States
Data representing transshipment or re-exports are almost always excluded from analytical portrayals of international trade, yet transshipment is potentially an important phenomenon in understanding a number of economic questions, and is increasing in importance. Rapid technological change in areas such as containerization and hub-and-spoke routing has promoted the practice of transshipment. While there are significant gaps in the data, the share of re-exports in global exports has undoubtedly increased rapidly, from perhaps 1 in 20 in the mid- 1980s to perhaps 1 in 6 today. Econometric analysis of U.S. domestic exports and foreign exports (re-exports) over pairs of U.S. ports and destinations suggests that re-exports are significantly more sensitive than domestic exports to factors influencing transaction costs, including distance, containerization, price-fixing liner agreements, and port efficiency and restrictive port policies in the importing country.
Year of publication: |
2004
|
---|---|
Authors: | Andriamananjara, Soamiely ; Arce, Hugh M. ; Ferrantino, Michael J. |
Institutions: | United States International Trade Commission, Government of the United States |
Keywords: | International Relations/Trade |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Andriamananjara, Soamiely, (2004)
-
Andriamananjara, Soamiely, (2003)
-
Transshipment in the United States
Andriamananjara, Soamiely, (2004)
- More ...