Article

Container freight rates and economic distance: a new perspective on the world map

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The objective of this paper is to explore how container freight rates vary globally and regionally and over time. This is achieved in part by considering freight rates as a measure of economic distance. Unlike absolute distance, which is invariant between locations, economic distance is a relative measure, but like absolute distance it can be mapped. In this paper, the geographical distribution for a set of rates from markets around the world to the ports of the Northern Range of Europe is mapped. This cartographic representation provides a unique opportunity to explore the spatial arrangement of markets while providing a number of insights into the spatial structure of rates during a period of considerable change. The paper goes on to discuss this spatial structure in the context of three issues that have been raised in the literature: the relationships between rates and physical distance; the role of market conditions and rates; and, the relationships between rates and economic development. From this examination, questions are raised involving long held assumptions about distance and rates, competition and pricing, and rates and economic development.

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Ketersediaan

Informasi Detail

Judul Seri

Maritime Policy & Management: The flagship journal of international shipping and port research

No. Panggil

ATC LO SLA c

Penerbit

Canada : Routledge., 2012

Deskripsi Fisik

19 p.

Bahasa

English

ISBN/ISSN

-

Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

VOL. 39, NO. 2, 133–149

Subjek

economic distance
Container freight rates

Info Detail Spesifik

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Pernyataan Tanggungjawab

Brian Slack

Versi lain/terkait

Lampiran Berkas

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