International Transport costs: New Findings ...
Type de document :
Pré-publication ou Document de travail
Titre :
International Transport costs: New Findings from modeling additive costs
Auteur(s) :
Daudin, Guillaume [Auteur]
Développement, institutions et analyses de long terme [DIAL]
Laboratoire d'Economie de Dauphine [LEDa]
Héricourt, Jérôme [Auteur]
Centre d'Etudes Prospectives et d'Informations Internationales [CEPII]
Lille économie management - UMR 9221 [LEM]
Patureau, Lise [Auteur]
Développement, Institutions et Modialisation [LEDA-DIAL]
Développement, institutions et analyses de long terme [DIAL]
Laboratoire d'Economie de Dauphine [LEDa]
Héricourt, Jérôme [Auteur]
Centre d'Etudes Prospectives et d'Informations Internationales [CEPII]
Lille économie management - UMR 9221 [LEM]
Patureau, Lise [Auteur]
Développement, Institutions et Modialisation [LEDA-DIAL]
Mot(s)-clé(s) :
Transport Costs Estimates
Non-linear Econometrics
Additive Costs
Trade Composition Effects
Non-linear Econometrics
Additive Costs
Trade Composition Effects
Discipline(s) HAL :
Économie et finance quantitative [q-fin]
Résumé en anglais : [en]
This paper investigates the pattern of international transport costs over time, using information contained in the US imports flows over 1974-2013. First, we document the importance of the per-unit (additive) component of ...
Lire la suite >This paper investigates the pattern of international transport costs over time, using information contained in the US imports flows over 1974-2013. First, we document the importance of the per-unit (additive) component of transport costs. We thus find that additive costs are quantitatively sizable, representing between one third and one half of overall transport costs. Second, we identify the respective roles of the reduction in "pure'' transport costs and trade composition effects in the downward trend of international transport costs, in the same spirit as Hummels (2007). Unlike him, we find that trade composition effects do not matter much and, when they do, they tend to amplify (rather than reduce) the decrease in pure transport costs. Importantly, this difference of results can be attributed to the new way of modeling the per-unit component of transport costs we offer. In both aspects, our results point to the importance of the additive component in accounting for international transport costs.Lire moins >
Lire la suite >This paper investigates the pattern of international transport costs over time, using information contained in the US imports flows over 1974-2013. First, we document the importance of the per-unit (additive) component of transport costs. We thus find that additive costs are quantitatively sizable, representing between one third and one half of overall transport costs. Second, we identify the respective roles of the reduction in "pure'' transport costs and trade composition effects in the downward trend of international transport costs, in the same spirit as Hummels (2007). Unlike him, we find that trade composition effects do not matter much and, when they do, they tend to amplify (rather than reduce) the decrease in pure transport costs. Importantly, this difference of results can be attributed to the new way of modeling the per-unit component of transport costs we offer. In both aspects, our results point to the importance of the additive component in accounting for international transport costs.Lire moins >
Langue :
Anglais
Collections :
Source :