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characteristics into two groups, those primarily important for agriculture and those primarily important for trade, we find that the … agriculture variables have relatively more explanatory power in countries that developed early and the trade variables have …
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Aim: Investment decisions in shipping are notoriously difficult. The key reason is that freight rates are highly volatile and often unpredictable. The energy shipping sector is most challenging. The paper formulates an investment decision rationale in energy shipping and provides insights as to...
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Developing countries pay substantially higher transportation costs than developed nations, which leads to less trade … a trade route. These characteristics explain more variation in shipping prices than do conventional proxies such as … distance, and significantly contribute to the higher shipping prices facing the developing world. Markups increase shipping …
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