|
Andriamananjara, Soamiely; Arce, Hugh M.; Ferrantino, Michael J.. |
Data representing transshipment or re-exports are almost always excluded from analytical portrayals of international trade, yet transshipment is potentially an important phenomenon in understanding a number of economic questions, and is increasing in importance. Rapid technological change in areas such as containerization and hub-and-spoke routing has promoted the practice of transshipment. While there are significant gaps in the data, the share of re-exports in global exports has undoubtedly increased rapidly, from perhaps 1 in 20 in the mid- 1980s to perhaps 1 in 6 today. Econometric analysis of U.S. domestic exports and foreign exports (re-exports) over pairs of U.S. ports and destinations suggests that re-exports are significantly more sensitive than... |
Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
Ano: 2004 |
URL: http://purl.umn.edu/15871 |