Pagano, Anthony M.; Light, Miles K.; Sánchez, Onésimo V. - In: Maritime Policy & Management 39 (2012) 7, pp. 705-722
The Panama Canal is currently in the process of a major expansion effort. After the new set of locks is opened in 2014, significantly larger ships can traverse the canal. This paper examines the economic impact of the canal expansion on the economy of Panama. The analysis is performed through an...