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We employ a cointegration setup to explore route-specific off-equilibrium deviations related to Covid-19 that have affected clean (petroleum products) and dirty (crude oil) tanker freight rates, over and above the expected macroeconomic reactions. We find that the additional deviation caused by...
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freights in the rest of the world. To identify the transportation costs shocks in the model, I estimate trade elasticities to … rates all around the world on the domestic inflation, real consumption, and the allocation of labor of a particular country … (Colombia). For this, I use a quantitative model of international trade with out-of-steady-state transitional dynamics, input …
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when consumption is dear for investors. We discuss conditions under which a standard model of trade with asset prices can …
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The International Maritime Organization's initial strategy on reduction of greenhouse gas emissions from ships stipulates that the international shipping sector should assess the impacts on states prior to adoption of the mitigation measures included in the strategy. This assessment should be...
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