Endogenous transportation costs
Abstract
Quantitative trade models used to evaluate the effects of policy changes have largely abstracted away from modeling the transportation industry. This paper extends a standard Armington trade model to incorporate an oligopolistically competitive transportation industry in which shippers endogenously choose a transportation technology. I collect detailed data on the containerized maritime transportation industry to calibrate the parameters of the...
Paper Details
Title
Endogenous transportation costs
Published Date
Apr 1, 2020
Journal
Volume
123
Pages
103366 - 103366
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