Per-shipment costs and the lumpiness of international trade

Hornok, Cecília and Koren, Miklós (2015) Per-shipment costs and the lumpiness of international trade. REVIEW OF ECONOMICS AND STATISTICS, 97 (2). pp. 525-530. ISSN 0034-6535

Preview

Text Hornok_Koren_Per_shipment..._u.pdf Download (159kB) | Preview

Abstract

Using detailed U.S. and Spanish export data, we document that trade costs of a per-shipment nature are associated with less frequent and larger shipments (i.e., more lumpiness) in international trade. This finding is pervasive across broad product categories, but most apparent for industrial supplies, parts and accessories, and food products. © 2015 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Actions (login required)

Edit Item