Ocean Freight Rate Variability as a Factor in International Agricultural Trade

Due to inelastic shipping supply, ocean freight rates can fluctuate significantly over short periods. This variability can affect trade analysis. This paper presents evidence on rate variability and discusses possible implications for welfare gains from price stabilization and free trade, for comparative advantage, and for the effects of market power.


Subject(s):
Issue Date:
1981-07
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/279415
Language:
English
Total Pages:
14




 Record created 2018-10-31, last modified 2020-10-28

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