By Gordon Wilmsmeier
According to in-depth empirical examine this e-book develops our figuring out of maritime delivery expenditures, the maritime and the competitiveness of areas in a world industry atmosphere via a geographical lens. additional, the publication makes use of a distinct set of knowledge that offers an in depth perception into Latin American foreign maritime shipping expenditures and its determinants. it is a transparent demand coverage makers and port gurus to bolster transnational cooperation which will enhance the advance of the complete process of maritime delivery, concentrating on the reasons that positioned areas susceptible to changing into peripheral and uncompetitive.
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Extra resources for International Maritime Transport Costs: Market Structures and Network Configurations
Trade facilitation measures can be thought of along two dimensions: investment on ‘hard’ infrastructure (highways, railroads, ports, etc) and on ‘soft’ infrastructure (transparency, customs efficiency, institutional reforms, etc). A particular interest of this distinction resides on comparing the benefits and costs of investment or policy reform along both dimensions. Large investments in physical infrastructure projects to improve infrastructure quality alone do not necessarily lead to lower transport prices.
20). The following discusses the state of the art in research regarding determinants of transport costs and develops an updated model defining the key categories of influencing determinants on maritime transport costs. This work is expected to particularly fill the gap of research on the role of liner networks in comparison to the role of distance, the effects of shipping industry and trade structures, but it also addresses determinants of ports infra- and superstructure. Determinants of Maritime Transport Costs 31 The remainder of the chapter discusses and categorizes determinants of international maritime transport costs based on literature and thus develops a framework for determinants and identifies gaps in existing literature.
In an effort to explain the ‘constant contradiction between transport supply and demand, containerization and its spatial diffusion’ Rodrigue, Slack and Comtois (1997) initiate a discussion on spatial cycles in maritime transport systems. g. Wilmsmeier and Notteboom 2011, Rodrigue and Browne 2008, Notteboom 2002, Notteboom 2004, Notteboom and Rodrigue 2005, Notteboom 2006b, Notteboom 2009 among others). The following section discusses the current state of research in the interrelationship of trade, maritime freight rates and trade costs.