The trade reducing effects of market power in international shipping
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The trade reducing effects of market power in international shipping

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Published by National Bureau of Economic Research in Cambridge, MA .
Written in English


Book details:

Edition Notes

StatementDavid Hummels, Volodymyr Lugovskyy, Alexandre Skiba.
SeriesNBER working paper series -- working paper 12914, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 12914.
ContributionsLugovskyy, Volodymyr., Skiba, Alexandre., National Bureau of Economic Research.
Classifications
LC ClassificationsHB1
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL23141528M
LC Control Number2007615198

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Get this from a library! The Trade Reducing Effects of Market Power in International Shipping. [Alexandre Skiba; David Hummels; Volodymyr Lugovskyy; National Bureau of Economic Research;] -- Developing countries pay substantially higher transportation costs than developed nations, which leads to less trade and perhaps lower incomes. This paper investigates price discrimination in the. shipping prices than do conventional proxies such as distance, and significantly contribute to the higher shipping prices facing the developing world. A simple back of the envelope calculation suggests that eliminating market power in shipping would boost trade volumes by percent (for the US) to percent (for Latin America). A simple back of the envelope calculation suggests that eliminating market power in shipping would boost trade volumes by % (for the US) to % (for Latin America). In the presence of market power, shipping prices depend on the demand characteristics of goods being traded. We show theoretically and estimate empirically that shipping firms charge higher prices when transporting goods with higher product prices, lower import demand elasticities, and higher tariffs, and when facing fewer competitors on a trade route.

Hummels, David L. and Lugovskyy, Volodymyr and Skiba, Alexandre (Sasha) Mykolajovych, The Trade Reducing Effects of Market Power in International Shipping (February ). Cited by: The trade reducing effects of market power in international shipping. which leads to less trade and perhaps lower incomes. This paper investigates price discrimination in the shipping industry and the role it plays in determining transportation costs. In the presence of market power, shipping prices depend on the demand characteristics. Get this from a library! The trade reducing effects of market power in international shipping. [David Hummels; Volodymyr Lugovskyy; Alexandre Skiba; National Bureau of Economic Research.] -- "Developing countries pay substantially higher transportation costs than developed nations, which leads to less trade and perhaps lower incomes. This paper investigates price discrimination in the. The Trade Reducing Effects of Market Power in International Shipping. By David Hummels, which leads to less trade and perhaps lower incomes. This paper investigates price discrimination in the shipping industry and the role it plays in determining transportation costs. In the presence of market power, shipping prices depend on the demand.

A simple back of the envelope calculation suggests that eliminating market power in shipping would boost trade volumes by % (for the US) to % (for Latin America). Our findings are also important for evaluating the impact of tariff liberalization. Cargo carriers decrease shipping prices by % for every 1% reduction in tariffs. Total downloads of all papers by David L. Hummels. If you need immediate assistance, call SSRNHelp ( ) in the United States, or +1 outside of the United States, AM to PM U.S. Eastern, Monday - Friday. A. Advancement of technology and the elimination of most of the trade barriers B. Increase in the per capita income and purchasing power C. Reduction of shipping costs and liberalization of trade D. Increase in export worldwide and privatization E. Globalization and international mergers and acquisitions (M&A). Also in Journal of International Economics, , 77, (2), () View citations (60) International Pricing in a Generalized Model of Ideal Variety Journal of Money, Credit and Banking, , 41, (s1), View citations (45) The trade reducing effects of market power in international shipping.