The Trade-Reducing Effects of Restrictions on Liner Shipping
This paper examines how policy governing the liner shipping sector affects maritime transport costs and seaborne trade flows. The paper uses a novel data set and finds that restrictions, particularly on foreign investment, increase maritime transpo...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/06/19678335/trade-reducing-effects-restrictions-liner-shipping http://hdl.handle.net/10986/18758 |
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okr-10986-187582021-04-23T14:03:49Z The Trade-Reducing Effects of Restrictions on Liner Shipping Bertho, Fabien Borchert, Ingo Mattoo, Aaditya AD VALOREM ADVERSE IMPACT AGREEMENT ON TRADE AIR ALTERNATIVE MODES ALTERNATIVE MODES OF TRANSPORTATION ALTERNATIVE TRANSPORT ALTERNATIVE TRANSPORT MODES ANTI-COMPETITIVE PRACTICES APPLIED TARIFF AVERAGE COSTS AVERAGE TARIFF AVERAGE TARIFFS AVERAGE TRADE BILATERAL TRADE BILATERAL TRADE BARRIERS BORDER TRADE BULK CARRIERS CARGO CARGO HANDLING CARGOES CARRIERS CIF COMMODITY COMPARATIVE ADVANTAGE COMPETITION LAW COMPETITION POLICY COMPETITION RULES CONNECTIVITY CONNECTIVITY INDEX CONSUMERS CONTAINERIZATION COSTS OF TRANSPORT COUNTRY FIXED EFFECTS COUNTRY OF ORIGIN CUSTOMS CUSTOMS VALUE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DOMESTIC COMPETITION DRIVERS ECONOMETRICS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC RELATIONS ECONOMIC RESEARCH ECONOMIES OF SCALE EFFICIENT TRANSPORT ELASTICITIES ELASTICITY ELASTICITY OF TRADE EXPECTED VALUE EXPORTERS EXPORTS FACTOR ANALYSIS FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN OWNERSHIP FOREIGN SUPPLIERS FOREIGN TRADE FREE TRANSFER FREIGHT FREIGHT COSTS FREIGHT RATES FUEL GLOBAL MARKETS GLOBAL TRADE GLOBAL TRADE ANALYSIS GLOBALIZATION GRAVITY EQUATION GRAVITY FRAMEWORK GRAVITY MODEL GRAVITY VARIABLES HARMONIZED SYSTEM IMPACT OF TRANSPORT IMPACT OF TRANSPORT COSTS IMPORT DUTIES IMPORT VALUE INCOME INCOME GROUP INDUSTRIAL COUNTRIES INLAND TRANSPORT INSURANCE INTERNATIONAL TRADE INTERNATIONAL TRANSPORT INVESTMENT BARRIERS INVESTMENT RESTRICTIONS JOINT VENTURE JOURNEY JOURNEYS LIBERALIZATION LIBERALIZATION OF TRADE LINER SHIPPING LINER SHIPPING PRICES LOCAL TRANSPORTATION LONGER DISTANCES MARGINAL COST MARGINAL COSTS MARGINAL EFFECTS MARITIME SHIPPING MARITIME TRANSPORT MARKET ENTRY MARKET INTEGRATION MARKET REGULATION MARKET SHARE MARKET STRUCTURE MULTILATERAL TRADE NUMERICAL VALUE OPERATIONAL EFFICIENCY OUTPUT PORT OF ENTRY PREFERENTIAL AGREEMENTS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PRIVATE ENTITY PUBLIC POLICY QUALITY OF TRANSPORT REFORM PROGRAMS REGIONAL TRADE REGULATOR REGULATORY BODY REGULATORY ENVIRONMENT REGULATORY REGIMES ROAD ROAD TRANSPORT ROUTE ROUTES SHIPPING COMPANIES SHIPPING CONFERENCES SHIPPING COSTS SPECIALIZATION SURFACE TRANSPORT TARIFF RATES TELECOMMUNICATIONS TERMINAL FEES TERMS OF TRADE TONNAGE TRADE BARRIERS TRADE COSTS TRADE FLOWS TRADE NEGOTIATIONS TRADE PARTNERS TRADE POLICIES TRADE POLICY TRADE RESTRICTIONS TRAMP SHIPPING TRANSPORT COSTS TRANSPORT FACILITIES TRANSPORT INFRASTRUCTURE TRANSPORT MODE TRANSPORT SECTOR TRANSPORT SERVICE TRANSPORT SERVICES TRANSPORTATION COSTS TRANSPORTATION PLANNING TRANSPORTATION SERVICES TRUE URUGUAY ROUND VALUE OF IMPORTS VALUE OF TRADE VESSELS VOLUME OF TRADE WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO This paper examines how policy governing the liner shipping sector affects maritime transport costs and seaborne trade flows. The paper uses a novel data set and finds that restrictions, particularly on foreign investment, increase maritime transport costs, strongly but unevenly. The cost-inflating effect ranges from 24 to 50 percent and trade on some routes may be inhibited altogether. Distance increases maritime transport costs, but also attenuates the cost impact of policy barriers. Overall, policy restrictions may lower trade flows on specific routes by up to 46 percent and therefore deserve greater attention in national reform programs and international trade negotiations. 2014-06-25T20:32:35Z 2014-06-25T20:32:35Z 2014-06 http://documents.worldbank.org/curated/en/2014/06/19678335/trade-reducing-effects-restrictions-liner-shipping http://hdl.handle.net/10986/18758 English en_US Policy Research Working Paper;No. 6921 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
AD VALOREM ADVERSE IMPACT AGREEMENT ON TRADE AIR ALTERNATIVE MODES ALTERNATIVE MODES OF TRANSPORTATION ALTERNATIVE TRANSPORT ALTERNATIVE TRANSPORT MODES ANTI-COMPETITIVE PRACTICES APPLIED TARIFF AVERAGE COSTS AVERAGE TARIFF AVERAGE TARIFFS AVERAGE TRADE BILATERAL TRADE BILATERAL TRADE BARRIERS BORDER TRADE BULK CARRIERS CARGO CARGO HANDLING CARGOES CARRIERS CIF COMMODITY COMPARATIVE ADVANTAGE COMPETITION LAW COMPETITION POLICY COMPETITION RULES CONNECTIVITY CONNECTIVITY INDEX CONSUMERS CONTAINERIZATION COSTS OF TRANSPORT COUNTRY FIXED EFFECTS COUNTRY OF ORIGIN CUSTOMS CUSTOMS VALUE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DOMESTIC COMPETITION DRIVERS ECONOMETRICS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC RELATIONS ECONOMIC RESEARCH ECONOMIES OF SCALE EFFICIENT TRANSPORT ELASTICITIES ELASTICITY ELASTICITY OF TRADE EXPECTED VALUE EXPORTERS EXPORTS FACTOR ANALYSIS FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN OWNERSHIP FOREIGN SUPPLIERS FOREIGN TRADE FREE TRANSFER FREIGHT FREIGHT COSTS FREIGHT RATES FUEL GLOBAL MARKETS GLOBAL TRADE GLOBAL TRADE ANALYSIS GLOBALIZATION GRAVITY EQUATION GRAVITY FRAMEWORK GRAVITY MODEL GRAVITY VARIABLES HARMONIZED SYSTEM IMPACT OF TRANSPORT IMPACT OF TRANSPORT COSTS IMPORT DUTIES IMPORT VALUE INCOME INCOME GROUP INDUSTRIAL COUNTRIES INLAND TRANSPORT INSURANCE INTERNATIONAL TRADE INTERNATIONAL TRANSPORT INVESTMENT BARRIERS INVESTMENT RESTRICTIONS JOINT VENTURE JOURNEY JOURNEYS LIBERALIZATION LIBERALIZATION OF TRADE LINER SHIPPING LINER SHIPPING PRICES LOCAL TRANSPORTATION LONGER DISTANCES MARGINAL COST MARGINAL COSTS MARGINAL EFFECTS MARITIME SHIPPING MARITIME TRANSPORT MARKET ENTRY MARKET INTEGRATION MARKET REGULATION MARKET SHARE MARKET STRUCTURE MULTILATERAL TRADE NUMERICAL VALUE OPERATIONAL EFFICIENCY OUTPUT PORT OF ENTRY PREFERENTIAL AGREEMENTS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PRIVATE ENTITY PUBLIC POLICY QUALITY OF TRANSPORT REFORM PROGRAMS REGIONAL TRADE REGULATOR REGULATORY BODY REGULATORY ENVIRONMENT REGULATORY REGIMES ROAD ROAD TRANSPORT ROUTE ROUTES SHIPPING COMPANIES SHIPPING CONFERENCES SHIPPING COSTS SPECIALIZATION SURFACE TRANSPORT TARIFF RATES TELECOMMUNICATIONS TERMINAL FEES TERMS OF TRADE TONNAGE TRADE BARRIERS TRADE COSTS TRADE FLOWS TRADE NEGOTIATIONS TRADE PARTNERS TRADE POLICIES TRADE POLICY TRADE RESTRICTIONS TRAMP SHIPPING TRANSPORT COSTS TRANSPORT FACILITIES TRANSPORT INFRASTRUCTURE TRANSPORT MODE TRANSPORT SECTOR TRANSPORT SERVICE TRANSPORT SERVICES TRANSPORTATION COSTS TRANSPORTATION PLANNING TRANSPORTATION SERVICES TRUE URUGUAY ROUND VALUE OF IMPORTS VALUE OF TRADE VESSELS VOLUME OF TRADE WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO |
| spellingShingle |
AD VALOREM ADVERSE IMPACT AGREEMENT ON TRADE AIR ALTERNATIVE MODES ALTERNATIVE MODES OF TRANSPORTATION ALTERNATIVE TRANSPORT ALTERNATIVE TRANSPORT MODES ANTI-COMPETITIVE PRACTICES APPLIED TARIFF AVERAGE COSTS AVERAGE TARIFF AVERAGE TARIFFS AVERAGE TRADE BILATERAL TRADE BILATERAL TRADE BARRIERS BORDER TRADE BULK CARRIERS CARGO CARGO HANDLING CARGOES CARRIERS CIF COMMODITY COMPARATIVE ADVANTAGE COMPETITION LAW COMPETITION POLICY COMPETITION RULES CONNECTIVITY CONNECTIVITY INDEX CONSUMERS CONTAINERIZATION COSTS OF TRANSPORT COUNTRY FIXED EFFECTS COUNTRY OF ORIGIN CUSTOMS CUSTOMS VALUE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DOMESTIC COMPETITION DRIVERS ECONOMETRICS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC RELATIONS ECONOMIC RESEARCH ECONOMIES OF SCALE EFFICIENT TRANSPORT ELASTICITIES ELASTICITY ELASTICITY OF TRADE EXPECTED VALUE EXPORTERS EXPORTS FACTOR ANALYSIS FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN OWNERSHIP FOREIGN SUPPLIERS FOREIGN TRADE FREE TRANSFER FREIGHT FREIGHT COSTS FREIGHT RATES FUEL GLOBAL MARKETS GLOBAL TRADE GLOBAL TRADE ANALYSIS GLOBALIZATION GRAVITY EQUATION GRAVITY FRAMEWORK GRAVITY MODEL GRAVITY VARIABLES HARMONIZED SYSTEM IMPACT OF TRANSPORT IMPACT OF TRANSPORT COSTS IMPORT DUTIES IMPORT VALUE INCOME INCOME GROUP INDUSTRIAL COUNTRIES INLAND TRANSPORT INSURANCE INTERNATIONAL TRADE INTERNATIONAL TRANSPORT INVESTMENT BARRIERS INVESTMENT RESTRICTIONS JOINT VENTURE JOURNEY JOURNEYS LIBERALIZATION LIBERALIZATION OF TRADE LINER SHIPPING LINER SHIPPING PRICES LOCAL TRANSPORTATION LONGER DISTANCES MARGINAL COST MARGINAL COSTS MARGINAL EFFECTS MARITIME SHIPPING MARITIME TRANSPORT MARKET ENTRY MARKET INTEGRATION MARKET REGULATION MARKET SHARE MARKET STRUCTURE MULTILATERAL TRADE NUMERICAL VALUE OPERATIONAL EFFICIENCY OUTPUT PORT OF ENTRY PREFERENTIAL AGREEMENTS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENT PRIVATE ENTITY PUBLIC POLICY QUALITY OF TRANSPORT REFORM PROGRAMS REGIONAL TRADE REGULATOR REGULATORY BODY REGULATORY ENVIRONMENT REGULATORY REGIMES ROAD ROAD TRANSPORT ROUTE ROUTES SHIPPING COMPANIES SHIPPING CONFERENCES SHIPPING COSTS SPECIALIZATION SURFACE TRANSPORT TARIFF RATES TELECOMMUNICATIONS TERMINAL FEES TERMS OF TRADE TONNAGE TRADE BARRIERS TRADE COSTS TRADE FLOWS TRADE NEGOTIATIONS TRADE PARTNERS TRADE POLICIES TRADE POLICY TRADE RESTRICTIONS TRAMP SHIPPING TRANSPORT COSTS TRANSPORT FACILITIES TRANSPORT INFRASTRUCTURE TRANSPORT MODE TRANSPORT SECTOR TRANSPORT SERVICE TRANSPORT SERVICES TRANSPORTATION COSTS TRANSPORTATION PLANNING TRANSPORTATION SERVICES TRUE URUGUAY ROUND VALUE OF IMPORTS VALUE OF TRADE VESSELS VOLUME OF TRADE WORLD ECONOMY WORLD TRADE WORLD TRADE ORGANIZATION WTO Bertho, Fabien Borchert, Ingo Mattoo, Aaditya The Trade-Reducing Effects of Restrictions on Liner Shipping |
| relation |
Policy Research Working Paper;No. 6921 |
| description |
This paper examines how policy governing
the liner shipping sector affects maritime transport costs
and seaborne trade flows. The paper uses a novel data set
and finds that restrictions, particularly on foreign
investment, increase maritime transport costs, strongly but
unevenly. The cost-inflating effect ranges from 24 to 50
percent and trade on some routes may be inhibited
altogether. Distance increases maritime transport costs, but
also attenuates the cost impact of policy barriers. Overall,
policy restrictions may lower trade flows on specific routes
by up to 46 percent and therefore deserve greater attention
in national reform programs and international trade negotiations. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Bertho, Fabien Borchert, Ingo Mattoo, Aaditya |
| author_facet |
Bertho, Fabien Borchert, Ingo Mattoo, Aaditya |
| author_sort |
Bertho, Fabien |
| title |
The Trade-Reducing Effects of Restrictions on Liner Shipping |
| title_short |
The Trade-Reducing Effects of Restrictions on Liner Shipping |
| title_full |
The Trade-Reducing Effects of Restrictions on Liner Shipping |
| title_fullStr |
The Trade-Reducing Effects of Restrictions on Liner Shipping |
| title_full_unstemmed |
The Trade-Reducing Effects of Restrictions on Liner Shipping |
| title_sort |
trade-reducing effects of restrictions on liner shipping |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/06/19678335/trade-reducing-effects-restrictions-liner-shipping http://hdl.handle.net/10986/18758 |
| _version_ |
1764442617349668864 |