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Harrigan, James - 2005

Airplanes are a fast but expensive means of shipping goods, a fact which has implications for comparative advantage …

Persistent link: https://www.econbiz.de/10012466988

Relational Costs and the Production of Social Capital : Evidence from Carpooling

Charles, Kerwin - 2002

This paper posits that individuals can more easily form social connections with persons of the same race. If true, the greater the incidence among his neighbors of persons of his race, the more likely an individual is to make neighborhood social capital connections, and the more likely he is to...

Persistent link: https://www.econbiz.de/10012469672

Transportation Choices and the Value of Statistical Life

León, Gianmarco - 2013

This paper exploits an unusual transportation setting to estimate the value of a statistical life (VSL). We estimate the trade-offs individuals are willing to make between mortality risk and cost as they travel to and from the international airport in Sierra Leone (which is separated from the...

Persistent link: https://www.econbiz.de/10012459168

Peak-Hour Road Congestion Pricing : Experimental Evidence and Equilibrium Implications

Kreindler, Gabriel E. - National Bureau of Economic Research - 2023

Developing country megacities suffer from severe road traffic congestion, yet the level of congestion is not a direct measure of equilibrium inefficiency. I study the peak-hour traffic congestion equilibrium in Bangalore. To measure travel preferences, I use a model of departure time choice to...

Persistent link: https://www.econbiz.de/10013537795

Collusive Investments in Technological Compatibility : Lessons from U.S. Railroads in the Late 19th Century

Gross, Daniel P. - 2019

Collusion is widely condemned for its negative effects on consumer welfare and market efficiency. In this paper, I show that collusion may also in some cases facilitate the creation of unexpected new sources of value. I bring this possibility into focus through the lens of a historical episode...

Persistent link: https://www.econbiz.de/10012480205

The Geopolitics of International Trade in Southeast Asia

Coşar, Kerem - 2020

Motivated by the historically tense geopolitical situation in Southeast Asia, we simulate the potential closure of key maritime waterways in the region to predict the impact on trade and welfare. We generate initial (unobstructed) and counterfactual (rerouted) least-cost maritime paths between...

Persistent link: https://www.econbiz.de/10012482267

Global Trade and the Maritime Transport Revolution

Jacks, David S. - 2008

What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for...

Persistent link: https://www.econbiz.de/10012464507

The Trade Reducing Effects of Market Power in International Shipping

Hummels, David - 2007

and perhaps lower incomes. This paper investigates price discrimination in the shipping industry and the role it plays in … determining transportation costs. In the presence of market power, shipping prices depend on the demand characteristics of goods … being traded. We show theoretically and estimate empirically that shipping firms charge higher prices when transporting …

Persistent link: https://www.econbiz.de/10012465742

Port Efficiency, Maritime Transport Costs and Bilateral Trade

Clark, Ximena - 2004

.S. markets than import tariffs. We investigate the determinants of shipping costs to the U.S. with a large database of more than … determinant of shipping costs. Improving port efficiency from the 25th to the 75th percentile reduces shipping costs by 12 percent … handling costs, which are one of the components of shipping costs. Reductions in country inefficiencies associated to transport …

Persistent link: https://www.econbiz.de/10012468340

Freight Rates and Productivity Gains in British Tramp Shipping 1869-1950

Mohammed, Saif I. Shah - 2003

The standard source for pre-WWII global freight rate trends is the Isserlis British tramp shipping index. We think it …

Persistent link: https://www.econbiz.de/10012469171