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combines empirical analysis of microeconomic shipping and port data with three case studies of choice of port (focusing on … differences from the past. It is no longer an isolated world economy: it is both a trading area and a transit area linking Europe … and North Africa with the rest of the world through the hub-and-spoke structure of maritime networks.Understanding how …
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costs. Improving port efficiency from the 25th to the 75th percentile reduces shipping costs by 12 percent. (Bad ports are … 300,000 observations per year on shipments of products at the six-digit HS level from different ports around the world …. Distance and containerization matter. In addition, we find that efficiency of ports is an important determinant of shipping …
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