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stipulates that the international shipping sector should assess the impacts on states prior to adoption of the mitigation …
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An increasing proportion of greenhouse gas emissions is produced in urban areas in industrializing and developing countries. Recent research shows that per capita emissions in cities like Bangkok, Cape Town or Shanghai have already reached the level of cities like London, New York or Toronto....
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We investigate how globalization is reflected in asset prices. We use shipping costs to measure firms' exposure to … globalization. Firms in low shipping cost industries carry a 7 percent risk premium, suggesting that their cash-flows covary …
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rates all around the world on the domestic inflation, real consumption, and the allocation of labor of a particular country … freights in the rest of the world. To identify the transportation costs shocks in the model, I estimate trade elasticities to …
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