Trade in International Maritime Services : How Much Does Policy Matter?

Maritime transport costs significantly impede international trade. This article examines why these costs are so high in some countries and quantifies the importance of two explanations: restrictive trade policies and private anticompetitive practic...

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Main Authors: Fink, Carsten, Mattoo, Carsten, Neagu, Ileana Cristina
Format: Journal Article
Language:English
en_US
Published: Washington, DC: World Bank 2014
Subjects:
AIR
Online Access:http://documents.worldbank.org/curated/en/2002/01/17737141/trade-international-maritime-services-much-policy-matter
http://hdl.handle.net/10986/17191
id okr-10986-17191
recordtype oai_dc
spelling okr-10986-171912021-04-23T14:03:29Z Trade in International Maritime Services : How Much Does Policy Matter? Fink, Carsten Mattoo, Carsten Neagu, Ileana Cristina ADVERTISING AIR AIR SERVICES AIR TRANSPORT ALTERNATIVE MODES ALTERNATIVE MODES OF TRANSPORTATION BERTHING BIDDING CABOTAGE CARGO CARGO HANDLING CARGO RATES CARRIER CARRIERS COMMERCE COMMERCIAL POLICY COMMODITIES COMMODITY COMMON CARRIERS CONTAINER TERMINALS CONTAINERIZATION CONTAINERIZED CARGO CONTAINERS CONTESTABILITY CONTESTABLE MARKET COST INCREASES CRUDE OIL CUSTOMS CUSTOMS CLEARANCE CUSTOMS DUTIES DEMAND ELASTICITIES DOMESTIC MARKET DRY BULK ECONOMIC EFFECTS ECONOMIES OF SCALE ELASTICITY ELASTICITY OF DEMAND FARES FIXED COSTS FOREIGN PORTS FOREIGN SHIPS FREIGHT FREIGHT FORWARDING FREIGHT TRANSPORT HARBORS INTERNATIONAL CONTAINER TERMINAL INTERNATIONAL SHIPPING INTERNATIONAL TRADE INTERNATIONAL TRANSPORT INVENTORY JOURNEY LANDLOCKED COUNTRIES LINER CONFERENCES LINER OPERATORS LINER SERVICES LINER SHIPPING LONGER DISTANCES MANUFACTURING MARITIME INDUSTRY MARITIME POLICY MARITIME POLICY MANAGEMENT MARITIME SECTOR MARITIME SERVICES MARITIME TRANSPORT MARITIME TRANSPORTATION MARKET ACCESS MARKET FORCES MARKET POWER MARKET SEGMENTS MARKET SHARE MERCHANDISE MERCHANDISE IMPORTS MERCHANT MARINES MOBILITY MODE OF TRANSPORT MODES OF TRANSPORT MONOPOLY NAVIGATION NAVIGATION AIDS OCEAN CARRIERS OCEAN FREIGHT OCEAN FREIGHT RATES PASSENGERS POLICE PORT ASSETS PORT AUTHORITIES PORT AUTHORITY PORT CONCESSIONS PORT INFRASTRUCTURE PORT OF ENTRY PORT PERFORMANCE PORT REFORM PORTS PREDATORY PRICING PRICE COMPETITION PRICE FIXING PRICE SETTING PRICE STABILITY PROFITABLE ROUTES ROAD ROAD TRANSPORT ROUTE ROUTES SAFETY SEAPORTS SHIP OWNERS SHIPMENTS SHIPPERS SHIPPING SHIPPING CHARGES SHIPPING COMPANIES SHIPPING COMPANY SHIPPING CONFERENCES SHIPPING INDUSTRY SHIPPING LINES SHIPPING RATES SHIPPING ROUTES SHIPS SPREAD STEVEDORING SUPPLIERS TERMINAL OPERATORS TONNAGE TOWING TRAFFIC TRAFFIC CROSSING TRAFFIC DISTRIBUTION TRAMP SHIPPING TRANSIT TRANSPORT CHARGES TRANSPORT COSTS TRANSPORT DATA TRANSPORT DEMAND TRANSPORT ECONOMICS TRANSPORT OPERATIONS TRANSPORT PRICE TRANSPORT SERVICE TRANSPORT SERVICES TRANSPORTATION TRANSPORTATION COSTS TRANSPORTATION SERVICE VOLATILITY WAREHOUSING Maritime transport costs significantly impede international trade. This article examines why these costs are so high in some countries and quantifies the importance of two explanations: restrictive trade policies and private anticompetitive practices. It finds that both matter, but the latter have a greater impact. Trade liberalization and the breakup of private carrier agreements would lead to an average of one-third lower liner transport prices and to cost savings of up to US dollar 3 billion on goods carried to the United States alone. The policy implications are clear: there is a need not only for further liberalization of government policy but also for strengthened international disciplines on restrictive business practices. The authors propose an approach to developing such disciplines in the current round of services negotiations at the World Trade Organization (WTO). 2014-02-26T22:24:39Z 2014-02-26T22:24:39Z 2002-01 Journal Article http://documents.worldbank.org/curated/en/2002/01/17737141/trade-international-maritime-services-much-policy-matter World Bank Economic Review http://hdl.handle.net/10986/17191 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Washington, DC: World Bank Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ADVERTISING
AIR
AIR SERVICES
AIR TRANSPORT
ALTERNATIVE MODES
ALTERNATIVE MODES OF TRANSPORTATION
BERTHING
BIDDING
CABOTAGE
CARGO
CARGO HANDLING
CARGO RATES
CARRIER
CARRIERS
COMMERCE
COMMERCIAL POLICY
COMMODITIES
COMMODITY
COMMON CARRIERS
CONTAINER TERMINALS
CONTAINERIZATION
CONTAINERIZED CARGO
CONTAINERS
CONTESTABILITY
CONTESTABLE MARKET
COST INCREASES
CRUDE OIL
CUSTOMS
CUSTOMS CLEARANCE
CUSTOMS DUTIES
DEMAND ELASTICITIES
DOMESTIC MARKET
DRY BULK
ECONOMIC EFFECTS
ECONOMIES OF SCALE
ELASTICITY
ELASTICITY OF DEMAND
FARES
FIXED COSTS
FOREIGN PORTS
FOREIGN SHIPS
FREIGHT
FREIGHT FORWARDING
FREIGHT TRANSPORT
HARBORS
INTERNATIONAL CONTAINER TERMINAL
INTERNATIONAL SHIPPING
INTERNATIONAL TRADE
INTERNATIONAL TRANSPORT
INVENTORY
JOURNEY
LANDLOCKED COUNTRIES
LINER CONFERENCES
LINER OPERATORS
LINER SERVICES
LINER SHIPPING
LONGER DISTANCES
MANUFACTURING
MARITIME INDUSTRY
MARITIME POLICY
MARITIME POLICY MANAGEMENT
MARITIME SECTOR
MARITIME SERVICES
MARITIME TRANSPORT
MARITIME TRANSPORTATION
MARKET ACCESS
MARKET FORCES
MARKET POWER
MARKET SEGMENTS
MARKET SHARE
MERCHANDISE
MERCHANDISE IMPORTS
MERCHANT MARINES
MOBILITY
MODE OF TRANSPORT
MODES OF TRANSPORT
MONOPOLY
NAVIGATION
NAVIGATION AIDS
OCEAN CARRIERS
OCEAN FREIGHT
OCEAN FREIGHT RATES
PASSENGERS
POLICE
PORT ASSETS
PORT AUTHORITIES
PORT AUTHORITY
PORT CONCESSIONS
PORT INFRASTRUCTURE
PORT OF ENTRY
PORT PERFORMANCE
PORT REFORM
PORTS
PREDATORY PRICING
PRICE COMPETITION
PRICE FIXING
PRICE SETTING
PRICE STABILITY
PROFITABLE ROUTES
ROAD
ROAD TRANSPORT
ROUTE
ROUTES
SAFETY
SEAPORTS
SHIP OWNERS
SHIPMENTS
SHIPPERS
SHIPPING
SHIPPING CHARGES
SHIPPING COMPANIES
SHIPPING COMPANY
SHIPPING CONFERENCES
SHIPPING INDUSTRY
SHIPPING LINES
SHIPPING RATES
SHIPPING ROUTES
SHIPS
SPREAD
STEVEDORING
SUPPLIERS
TERMINAL OPERATORS
TONNAGE
TOWING
TRAFFIC
TRAFFIC CROSSING
TRAFFIC DISTRIBUTION
TRAMP SHIPPING
TRANSIT
TRANSPORT CHARGES
TRANSPORT COSTS
TRANSPORT DATA
TRANSPORT DEMAND
TRANSPORT ECONOMICS
TRANSPORT OPERATIONS
TRANSPORT PRICE
TRANSPORT SERVICE
TRANSPORT SERVICES
TRANSPORTATION
TRANSPORTATION COSTS
TRANSPORTATION SERVICE
VOLATILITY
WAREHOUSING
spellingShingle ADVERTISING
AIR
AIR SERVICES
AIR TRANSPORT
ALTERNATIVE MODES
ALTERNATIVE MODES OF TRANSPORTATION
BERTHING
BIDDING
CABOTAGE
CARGO
CARGO HANDLING
CARGO RATES
CARRIER
CARRIERS
COMMERCE
COMMERCIAL POLICY
COMMODITIES
COMMODITY
COMMON CARRIERS
CONTAINER TERMINALS
CONTAINERIZATION
CONTAINERIZED CARGO
CONTAINERS
CONTESTABILITY
CONTESTABLE MARKET
COST INCREASES
CRUDE OIL
CUSTOMS
CUSTOMS CLEARANCE
CUSTOMS DUTIES
DEMAND ELASTICITIES
DOMESTIC MARKET
DRY BULK
ECONOMIC EFFECTS
ECONOMIES OF SCALE
ELASTICITY
ELASTICITY OF DEMAND
FARES
FIXED COSTS
FOREIGN PORTS
FOREIGN SHIPS
FREIGHT
FREIGHT FORWARDING
FREIGHT TRANSPORT
HARBORS
INTERNATIONAL CONTAINER TERMINAL
INTERNATIONAL SHIPPING
INTERNATIONAL TRADE
INTERNATIONAL TRANSPORT
INVENTORY
JOURNEY
LANDLOCKED COUNTRIES
LINER CONFERENCES
LINER OPERATORS
LINER SERVICES
LINER SHIPPING
LONGER DISTANCES
MANUFACTURING
MARITIME INDUSTRY
MARITIME POLICY
MARITIME POLICY MANAGEMENT
MARITIME SECTOR
MARITIME SERVICES
MARITIME TRANSPORT
MARITIME TRANSPORTATION
MARKET ACCESS
MARKET FORCES
MARKET POWER
MARKET SEGMENTS
MARKET SHARE
MERCHANDISE
MERCHANDISE IMPORTS
MERCHANT MARINES
MOBILITY
MODE OF TRANSPORT
MODES OF TRANSPORT
MONOPOLY
NAVIGATION
NAVIGATION AIDS
OCEAN CARRIERS
OCEAN FREIGHT
OCEAN FREIGHT RATES
PASSENGERS
POLICE
PORT ASSETS
PORT AUTHORITIES
PORT AUTHORITY
PORT CONCESSIONS
PORT INFRASTRUCTURE
PORT OF ENTRY
PORT PERFORMANCE
PORT REFORM
PORTS
PREDATORY PRICING
PRICE COMPETITION
PRICE FIXING
PRICE SETTING
PRICE STABILITY
PROFITABLE ROUTES
ROAD
ROAD TRANSPORT
ROUTE
ROUTES
SAFETY
SEAPORTS
SHIP OWNERS
SHIPMENTS
SHIPPERS
SHIPPING
SHIPPING CHARGES
SHIPPING COMPANIES
SHIPPING COMPANY
SHIPPING CONFERENCES
SHIPPING INDUSTRY
SHIPPING LINES
SHIPPING RATES
SHIPPING ROUTES
SHIPS
SPREAD
STEVEDORING
SUPPLIERS
TERMINAL OPERATORS
TONNAGE
TOWING
TRAFFIC
TRAFFIC CROSSING
TRAFFIC DISTRIBUTION
TRAMP SHIPPING
TRANSIT
TRANSPORT CHARGES
TRANSPORT COSTS
TRANSPORT DATA
TRANSPORT DEMAND
TRANSPORT ECONOMICS
TRANSPORT OPERATIONS
TRANSPORT PRICE
TRANSPORT SERVICE
TRANSPORT SERVICES
TRANSPORTATION
TRANSPORTATION COSTS
TRANSPORTATION SERVICE
VOLATILITY
WAREHOUSING
Fink, Carsten
Mattoo, Carsten
Neagu, Ileana Cristina
Trade in International Maritime Services : How Much Does Policy Matter?
description Maritime transport costs significantly impede international trade. This article examines why these costs are so high in some countries and quantifies the importance of two explanations: restrictive trade policies and private anticompetitive practices. It finds that both matter, but the latter have a greater impact. Trade liberalization and the breakup of private carrier agreements would lead to an average of one-third lower liner transport prices and to cost savings of up to US dollar 3 billion on goods carried to the United States alone. The policy implications are clear: there is a need not only for further liberalization of government policy but also for strengthened international disciplines on restrictive business practices. The authors propose an approach to developing such disciplines in the current round of services negotiations at the World Trade Organization (WTO).
format Journal Article
author Fink, Carsten
Mattoo, Carsten
Neagu, Ileana Cristina
author_facet Fink, Carsten
Mattoo, Carsten
Neagu, Ileana Cristina
author_sort Fink, Carsten
title Trade in International Maritime Services : How Much Does Policy Matter?
title_short Trade in International Maritime Services : How Much Does Policy Matter?
title_full Trade in International Maritime Services : How Much Does Policy Matter?
title_fullStr Trade in International Maritime Services : How Much Does Policy Matter?
title_full_unstemmed Trade in International Maritime Services : How Much Does Policy Matter?
title_sort trade in international maritime services : how much does policy matter?
publisher Washington, DC: World Bank
publishDate 2014
url http://documents.worldbank.org/curated/en/2002/01/17737141/trade-international-maritime-services-much-policy-matter
http://hdl.handle.net/10986/17191
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