|
| |
| Gabriel F De Oliveira and Nicolas Peridy |
| |
| ''The trade-reducing effects of market power in international ports'' |
| ( 2019, Vol. 39 No.4 ) |
| |
| |
| This paper empirically investigates the impact of port competition on trade developments. The integration of port-competitive environment in an original gravity model shows that: (i) a one-standard-deviation rise in port concentration leads to a reduction in bilateral trade by at least 7%; (ii) the trade-creation effect from port competition is greater on the export side than on the import side; and (iii) the effect on trade is higher when port competition intensity is measured at regional or global levels (more than 300 km) rather than at a local level. |
| |
| |
| Keywords: Transportation services, international trade, market structure, port competition |
JEL: F1 - Trade: General
L1 - Market Structure, Firm Strategy, and Market Performance: General |
| |
| Manuscript Received : May 22 2019 | | Manuscript Accepted : Nov 24 2019 |
|
