Murakami, Hideki; Matsuse, Yukari; Mukaigawa, Koji; … - Graduate School of Business Administration, Kobe University - 2013
Here we test the hypothesis that commodities at their peak valuation are transported by air and those at their birth and maturity are shipped by sea, and that shippers would choose air for transporting high-valued commodities. We empirically investigated how the product lifecycle of commodities...