Clarifying Trade Costs: Maritime Transport and its Effect on Agricultural Trade
Maritime transport costs have a significant impact on the trade in agricultural goods. Maritime transport costs represent a high proportion of the imported value of agricultural products -- 10% on average, which is a similar level of magnitude as agricultural tariffs. This study shows that a doublin...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2009
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| Schriftenreihe: | OECD Trade Policy Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Maritime transport costs have a significant impact on the trade in agricultural goods. Maritime transport costs represent a high proportion of the imported value of agricultural products -- 10% on average, which is a similar level of magnitude as agricultural tariffs. This study shows that a doubling in the cost of shipping is associated with a 42% drop in trade on average in agricultural goods overall. The tendency to source imports from countries with low transport costs is therefore strong. Trade in some products is particularly affected by changes in maritime transport costs, in particular cereals and oilseeds, which are shipped in bulk. Time spent in transit also has a strong effect on trade: an extra day spent at sea on an the average sea voyage of 20 days implies a 4.5% drop in trade between a given pair of trading partners. Not only cost but also efficiency in getting agricultural goods to market are therefore important factors in explaining trade flows |
| Beschreibung: | 1 Online-Ressource (28 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/220157847513 |
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Datensatz im Suchindex
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| spelling | Korinek, Jane Verfasser aut Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade Jane Korinek and Patricia Sourdin Paris OECD Publishing 2009 1 Online-Ressource (28 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Trade Policy Papers Maritime transport costs have a significant impact on the trade in agricultural goods. Maritime transport costs represent a high proportion of the imported value of agricultural products -- 10% on average, which is a similar level of magnitude as agricultural tariffs. This study shows that a doubling in the cost of shipping is associated with a 42% drop in trade on average in agricultural goods overall. The tendency to source imports from countries with low transport costs is therefore strong. Trade in some products is particularly affected by changes in maritime transport costs, in particular cereals and oilseeds, which are shipped in bulk. Time spent in transit also has a strong effect on trade: an extra day spent at sea on an the average sea voyage of 20 days implies a 4.5% drop in trade between a given pair of trading partners. Not only cost but also efficiency in getting agricultural goods to market are therefore important factors in explaining trade flows Trade Sourdin, Patricia ctb https://doi.org/10.1787/220157847513 Verlag kostenfrei Volltext |
| spellingShingle | Korinek, Jane Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade Trade |
| title | Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade |
| title_auth | Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade |
| title_exact_search | Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade |
| title_exact_search_txtP | Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade |
| title_full | Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade Jane Korinek and Patricia Sourdin |
| title_fullStr | Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade Jane Korinek and Patricia Sourdin |
| title_full_unstemmed | Clarifying Trade Costs Maritime Transport and its Effect on Agricultural Trade Jane Korinek and Patricia Sourdin |
| title_short | Clarifying Trade Costs |
| title_sort | clarifying trade costs maritime transport and its effect on agricultural trade |
| title_sub | Maritime Transport and its Effect on Agricultural Trade |
| topic | Trade |
| topic_facet | Trade |
| url | https://doi.org/10.1787/220157847513 |
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