Kilian, Lutz; Nomikos, Nikos K.; Zhou, Xiaoqing - 2021 - This version: October 13, 2021
trade relies on container shipping. This paper introduces a new monthly index of the volume of container trade to and from …%. The difference is mainly accounted for by unexpected reductions in frictions in the container shipping market. …Since the 1970s, exports and imports of manufactured goods have been the engine of international trade and much of that …