Transshipment in the United States

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 domestic exports to factors influencing transaction costs, including distance, containerization, price-fixing liner agreements, and port efficiency and restrictive port policies in the importing country.


Issue Date:
2004
Publication Type:
Working or Discussion Paper
Record Identifier:
http://ageconsearch.umn.edu/record/15871
PURL Identifier:
http://purl.umn.edu/15871
Total Pages:
24
Series Statement:
Working Paper 2004-04-B




 Record created 2017-04-01, last modified 2018-01-22

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