Trade in International Maritime Services : How Much Does Policy Matter?
Maritime transport costs significantly impede international trade. The authors examine why these costs are so high in some countries, and, quantify the importance of two explanations: restrictive trade policies, and private anti-competitive practic...
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Format: | Policy Research Working Paper |
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World Bank, Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2001/01/888137/trade-international-maritime-services-much-policy-matter http://hdl.handle.net/10986/19736 |
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okr-10986-197362021-04-23T14:03:44Z Trade in International Maritime Services : How Much Does Policy Matter? Fink, Carsten Mattoo, Aaditya Neagu, Ileana Cristina AIR TRANSPORT ANTI-COMPETITIVE PRACTICES ANTI-TRUST LAWS ANTITRUST LAW BENCHMARK CABOTAGE CARGO CARGO HANDLING CARRIERS CARTEL CARTELS CD CIF COAL COLLUSION COMMODITIES COMMODITY COMMON CARRIERS COMPETITION POLICY CONSUMERS CONTAINERIZATION CONTAINERIZED CARGO CONTAINERS COST SAVINGS COURNOT COMPETITION CRUDE OIL CUSTOMS CUSTOMS CLEARANCE CUSTOMS DUTIES DRY BULK ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES ECONOMIC RESEARCH ECONOMIES OF SCALE ELASTICITIES ELASTICITY ELASTICITY OF DEMAND EMPIRICAL RESEARCH EMPLOYMENT EXCHANGE RATES FIXED COSTS FOREIGN COMPETITION FOREIGN SHIPS FREIGHT FREIGHT FORWARDING FREIGHT TRANSPORT HARBORS IMMUNITY IMPORTS INCOME INSURANCE INTERNATIONAL SHIPPING INTERNATIONAL TRADE LANDLOCKED COUNTRIES LINER CONFERENCES LINER OPERATORS LINER SERVICES LINER SHIPPING MACROECONOMICS MARGINAL COST MARITIME INDUSTRY MARITIME SECTOR MARITIME SERVICES MARITIME TRANSPORT MARITIME TRANSPORTATION NAVIGATION NAVIGATION AIDS OCEAN CARRIERS PORT ASSETS PORT AUTHORITIES PORT INFRASTRUCTURE PORTS PRICE SETTING ROAD TRANSPORT SCALE EFFECT SEAPORTS SERVICES SHIP OWNERS SHIPMENTS SHIPPERS SHIPPING SHIPPING COMPANIES SHIPPING COMPANY SHIPPING CONFERENCES SHIPPING INDUSTRY SHIPPING LINES SHIPS SURCHARGES TELECOMMUNICATIONS TONNAGE TOWING TRADE LIBERALIZATION TRADE POLICIES TRAFFIC TRAMP SHIPPING TRANSIT TRANSPORT TRANSPORT SERVICES TRANSSHIPMENT URUGUAY ROUND WAREHOUSING WORLD TRADE ORGANIZATION Maritime transport costs significantly impede international trade. The authors examine why these costs are so high in some countries, and, quantify the importance of two explanations: restrictive trade policies, and private anti-competitive practices. Both matter, they find, but private anti-competitive practices have the greater impact. Trade liberalization, and the breakup of private carrier agreements, would lead to a reduction in average liner transport prices of a third, and cost savings of up to $ 3 billion on goods carried to the United States alone. The policy implications are clear: not only should government policy be further liberalized, but there should be stronger international disciplines on restrictive business practices. The authors propose developing such disciplines in the current round of services negotiations at the World Trade Organization. 2014-08-26T21:45:53Z 2014-08-26T21:45:53Z 2001-01 http://documents.worldbank.org/curated/en/2001/01/888137/trade-international-maritime-services-much-policy-matter http://hdl.handle.net/10986/19736 English en_US Policy Research Working Paper;No. 2522 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 |
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 |
AIR TRANSPORT ANTI-COMPETITIVE PRACTICES ANTI-TRUST LAWS ANTITRUST LAW BENCHMARK CABOTAGE CARGO CARGO HANDLING CARRIERS CARTEL CARTELS CD CIF COAL COLLUSION COMMODITIES COMMODITY COMMON CARRIERS COMPETITION POLICY CONSUMERS CONTAINERIZATION CONTAINERIZED CARGO CONTAINERS COST SAVINGS COURNOT COMPETITION CRUDE OIL CUSTOMS CUSTOMS CLEARANCE CUSTOMS DUTIES DRY BULK ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES ECONOMIC RESEARCH ECONOMIES OF SCALE ELASTICITIES ELASTICITY ELASTICITY OF DEMAND EMPIRICAL RESEARCH EMPLOYMENT EXCHANGE RATES FIXED COSTS FOREIGN COMPETITION FOREIGN SHIPS FREIGHT FREIGHT FORWARDING FREIGHT TRANSPORT HARBORS IMMUNITY IMPORTS INCOME INSURANCE INTERNATIONAL SHIPPING INTERNATIONAL TRADE LANDLOCKED COUNTRIES LINER CONFERENCES LINER OPERATORS LINER SERVICES LINER SHIPPING MACROECONOMICS MARGINAL COST MARITIME INDUSTRY MARITIME SECTOR MARITIME SERVICES MARITIME TRANSPORT MARITIME TRANSPORTATION NAVIGATION NAVIGATION AIDS OCEAN CARRIERS PORT ASSETS PORT AUTHORITIES PORT INFRASTRUCTURE PORTS PRICE SETTING ROAD TRANSPORT SCALE EFFECT SEAPORTS SERVICES SHIP OWNERS SHIPMENTS SHIPPERS SHIPPING SHIPPING COMPANIES SHIPPING COMPANY SHIPPING CONFERENCES SHIPPING INDUSTRY SHIPPING LINES SHIPS SURCHARGES TELECOMMUNICATIONS TONNAGE TOWING TRADE LIBERALIZATION TRADE POLICIES TRAFFIC TRAMP SHIPPING TRANSIT TRANSPORT TRANSPORT SERVICES TRANSSHIPMENT URUGUAY ROUND WAREHOUSING WORLD TRADE ORGANIZATION |
spellingShingle |
AIR TRANSPORT ANTI-COMPETITIVE PRACTICES ANTI-TRUST LAWS ANTITRUST LAW BENCHMARK CABOTAGE CARGO CARGO HANDLING CARRIERS CARTEL CARTELS CD CIF COAL COLLUSION COMMODITIES COMMODITY COMMON CARRIERS COMPETITION POLICY CONSUMERS CONTAINERIZATION CONTAINERIZED CARGO CONTAINERS COST SAVINGS COURNOT COMPETITION CRUDE OIL CUSTOMS CUSTOMS CLEARANCE CUSTOMS DUTIES DRY BULK ECONOMETRIC ANALYSIS ECONOMETRIC ESTIMATES ECONOMIC RESEARCH ECONOMIES OF SCALE ELASTICITIES ELASTICITY ELASTICITY OF DEMAND EMPIRICAL RESEARCH EMPLOYMENT EXCHANGE RATES FIXED COSTS FOREIGN COMPETITION FOREIGN SHIPS FREIGHT FREIGHT FORWARDING FREIGHT TRANSPORT HARBORS IMMUNITY IMPORTS INCOME INSURANCE INTERNATIONAL SHIPPING INTERNATIONAL TRADE LANDLOCKED COUNTRIES LINER CONFERENCES LINER OPERATORS LINER SERVICES LINER SHIPPING MACROECONOMICS MARGINAL COST MARITIME INDUSTRY MARITIME SECTOR MARITIME SERVICES MARITIME TRANSPORT MARITIME TRANSPORTATION NAVIGATION NAVIGATION AIDS OCEAN CARRIERS PORT ASSETS PORT AUTHORITIES PORT INFRASTRUCTURE PORTS PRICE SETTING ROAD TRANSPORT SCALE EFFECT SEAPORTS SERVICES SHIP OWNERS SHIPMENTS SHIPPERS SHIPPING SHIPPING COMPANIES SHIPPING COMPANY SHIPPING CONFERENCES SHIPPING INDUSTRY SHIPPING LINES SHIPS SURCHARGES TELECOMMUNICATIONS TONNAGE TOWING TRADE LIBERALIZATION TRADE POLICIES TRAFFIC TRAMP SHIPPING TRANSIT TRANSPORT TRANSPORT SERVICES TRANSSHIPMENT URUGUAY ROUND WAREHOUSING WORLD TRADE ORGANIZATION Fink, Carsten Mattoo, Aaditya Neagu, Ileana Cristina Trade in International Maritime Services : How Much Does Policy Matter? |
relation |
Policy Research Working Paper;No. 2522 |
description |
Maritime transport costs significantly
impede international trade. The authors examine why these
costs are so high in some countries, and, quantify the
importance of two explanations: restrictive trade policies,
and private anti-competitive practices. Both matter, they
find, but private anti-competitive practices have the
greater impact. Trade liberalization, and the breakup of
private carrier agreements, would lead to a reduction in
average liner transport prices of a third, and cost savings
of up to $ 3 billion on goods carried to the United States
alone. The policy implications are clear: not only should
government policy be further liberalized, but there should
be stronger international disciplines on restrictive
business practices. The authors propose developing such
disciplines in the current round of services negotiations at
the World Trade Organization. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Fink, Carsten Mattoo, Aaditya Neagu, Ileana Cristina |
author_facet |
Fink, Carsten Mattoo, Aaditya 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 |
World Bank, Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2001/01/888137/trade-international-maritime-services-much-policy-matter http://hdl.handle.net/10986/19736 |
_version_ |
1764440466335465472 |