examine the impact of maritime piracy on Chinese export flows as well as firms' choice of transport mode. …

increase maritime transport costs by 0.4 percent to 16 percent. However, this would only marginally increase the import prices … of goods (by less than 1 percent). For transport choices, the increased cost of maritime transport induced by greenhouse … gas mitigation measures might only slightly reduce the share of maritime transport, by 0.16 percent globally. Furthermore …

understanding FDI. However, given the stylized fact that trade barriers (e.g. transportation costs and financial barriers) have …

policies. We develop a two-country model with many sectors. In each sector, producers vary in terms of their marginal costs … given national competition policy. Because of trade costs and perceived differences in qualities between domestic and …

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs … strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not … costs exert a negative and significant effect on cartel discipline. In turn, cartel discipline has a negative and …

, consumers perceive an entrant's difference to existing products as less pronounced, so a consumer's virtual distance costs in … extract consumer rent. Lower physical trade costs of shipping make Bertrand price competition fiercer in differentiated … can therefore explain why FDI has become more frequent in recent periods in the presence of falling trade costs. Cross …