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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Main Authors: Fink, Carsten, Mattoo, Aaditya, Neagu, Ileana Cristina
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2001/01/888137/trade-international-maritime-services-much-policy-matter
http://hdl.handle.net/10986/19736
id okr-10986-19736
recordtype oai_dc
spelling 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
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