Maritime Transport Costs and Port Efficiency: A Historical Perspective
9 Pages Posted: 26 Apr 2006
Date Written: November 10, 2005
For most Latin American countries, transport costs are a greater barrier to U.S. markets than import tariffs. In investigating the determinants of shipping costs to the U.S. with a large database of more than 300,000 observations per year on shipments of products from different ports around the world. Distance and containerization matter. In addition, it was found that efficiency of ports is an important determinant of shipping costs.
Keywords: Port Authtority of Jamaica (PAJ), Maritime Transport Costs
JEL Classification: F12, F13, F14
Suggested Citation: Suggested Citation