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containerization and breakbulk shipping using micro-level trade data. The model is motivated by novel facts that relate container usage …We quantify the effect of container technology on transport costs and trade by estimating the modal choice between … to shipment, destination and firm characteristics. We find container transport to have a higher first-mile cost and a …
Persistent link: https://www.econbiz.de/10011597265
responses that underpin them. Here, we combine theory and a unique geospatial dataset combining more than 25 million shipping … behaviour and aggregate transportation cost, as well as its environmental impact, with major implications for the shipping …
Persistent link: https://www.econbiz.de/10014521173
incorporating route choice by exporters within a Ricardian setting. We use the model to estimate trade costs on each shipping leg …
Persistent link: https://www.econbiz.de/10012197550
gap in the literature. Our key idea is to exploit time and cross-sectional variation in countries' adoption of port or … railway container facilities to construct a time-varying bilateral technology variable and estimate its effect on explaining …
Persistent link: https://www.econbiz.de/10009712458
trade relies on container shipping. This paper introduces a new monthly index of the volume of container trade to and from …%. The difference is mainly accounted for by unexpected reductions in frictions in the container shipping market. …
Persistent link: https://www.econbiz.de/10012550202
container ship port calls. We find that local disruptions to domestic demand reduced import quantities, while local disruptions …
Persistent link: https://www.econbiz.de/10015057719
The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in Switzerland. The most commonly used measure for this kind of exercise is the Claims / Premium ratio. We argue that this measure may give strongly biased results. We develop a simple...
Persistent link: https://www.econbiz.de/10011507834
The potentially adverse effects of droughts on agricultural output are obvious. Indonesian rice farmers have no financial protection from climate risk via catastrophic weather risk transfer tools. Done well, a weather index insurance (WII) program can not only provide resources that enable...
Persistent link: https://www.econbiz.de/10011665775
Natural hazard insurance is almost always provided through public-private partnerships. Given the dominant role of the public sector, it is surprising that equity issues have not faced more scrutiny with respect to the design of hazard insurance. We provide a detailed quantification of the...
Persistent link: https://www.econbiz.de/10011669409
Hamilton (2018) suggests that the Kilian (2009) index of global real economic activity is misleading and calls for alternative measures. The problem documented by Hamilton is a consequence of a coding mistake. Specifically, the index of nominal freight rates underlying the Kilian index was...
Persistent link: https://www.econbiz.de/10011958840