BEHRENS, Kristian; PICARD, Pierre M. - Center for Operations Research and Econometrics (CORE), … - 2008
transport services for shipping manufactured goods across regions and freight rates are determined endogenously to clear … are costs associated with 'returning empty', and those costs increase the freight rates charged to manufacturing firms … raises freight rates to serve foreign markets, thus generating an additional dispersion force. We show that a more equal …