Recent literature has emphasized the importance of transport costs and infrastructure in explaining trade, access to markets, and increases in per capita income. For most Latin American countries, transport costs are a greater barrier to U.S. markets than import tariffs. We investigate the determinants of shipping costs to the United States with a large database of more than 300,000 observation…
This article investigates the determinants of maritime trade. It focuses in particular on the extent to which variations in trade-related costs between Asia and Europe help to explain the surge in Euro–Asian trade in eight of the most emblematic categories of products related to Asian success: textiles, footwear, confection, machinery, electronic products, vehicles, furniture and pharmaceutic…
Due to a long-lasting increase in global trade, only interrupted by the late-2000s economic crisis, container traffic has grown dramatically. As a result, new terminals have opened and existing terminals face much higher container handling than before. In order to meet these challenges, one of the biggest container terminals in Turkey has begun to reconsider its terminal operations and to achie…