subsidies led to substantial reallocation of ship production across the world, with Japan, in particular, losing significant …

. We do so using detailed, near-universal data on shipping firms' new orders, secondary-market transactions, and demolition … operates primarily through cuts in new ship orders and demolition of older ships -- decisions that are costlier to reverse vis …-à-vis deals in the used ship market. These dynamics are more pronounced when secondary ship markets are illiquid, as firms face …

engine on skill demand and the wage structure in the merchant shipping industry. We find that the technical change created a …

I examine the outcomes of cases of entry by merchant shipping lines into established markets around the turn of the … century. These established markets are completely dominated by an incumbent cartel composed of several member shipping lines …

Maritime shipping emits as much fine particulate matter as half of global road traffic. We are the first to measure the … consistent with behavioral responses among ship operators, other polluters, and individuals that muted the policy's impact, but …