Oglend, Atle; Osmundsen, Petter; Kleppe, Tore Selland - CESifo - 2015
This paper investigates the economic value of trade when prices of transportation services are endogenous to cross-market price spreads. This is relevant for liquefied natural gas (LNG) exports. LNG transportation capacity is limited in the short-run, and long lead-times are involved in...
