2001
DOI: 10.1093/wber/15.3.451
|View full text |Cite
|
Sign up to set email alerts
|

Infrastructure, Geographical Disadvantage, Transport Costs, and Trade

Abstract: The authors use different data sets to investigate the dependence of transport costs on geography and infrastructure. Infrastructure is an important determinant of transport costs, especially for landlocked countries. Analysis of bilateral trade data confirms the importance of infrastructure and gives an estimate of the elasticity of trade flows with respect to the trade cost factor of around-3. A deterioration of infrastructure from the median to the 75th percentile raises transport costs by 12 percentage poi… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

47
1,001
4
26

Year Published

2004
2004
2019
2019

Publication Types

Select...
6
2
1

Relationship

0
9

Authors

Journals

citations
Cited by 1,386 publications
(1,131 citation statements)
references
References 22 publications
47
1,001
4
26
Order By: Relevance
“…In this regard, studies such as Limão and Venables (2001), Martínez-Zarzoso et al (2003), Sánchez et al (2003), Clark et al (2004), Micco and Serebrisky (2004), Wilson et al (2005), Coca-Castaño et al (2005) and Márquez-Ramos et al (2011) specifically focus on transport infrastructure indicators. Limão and Venables (2001) focus on the impact of a country's infrastructure and transport costs on bilateral trade. They construct an index that estimates the level of infrastructure in each country on the basis of four indicators, namely kilometres of roads, paved roads and railways, and the number of telephone lines.…”
Section: Logistics Performance and Tradementioning
confidence: 99%
“…In this regard, studies such as Limão and Venables (2001), Martínez-Zarzoso et al (2003), Sánchez et al (2003), Clark et al (2004), Micco and Serebrisky (2004), Wilson et al (2005), Coca-Castaño et al (2005) and Márquez-Ramos et al (2011) specifically focus on transport infrastructure indicators. Limão and Venables (2001) focus on the impact of a country's infrastructure and transport costs on bilateral trade. They construct an index that estimates the level of infrastructure in each country on the basis of four indicators, namely kilometres of roads, paved roads and railways, and the number of telephone lines.…”
Section: Logistics Performance and Tradementioning
confidence: 99%
“…First, while we allow establishments to locate freely within the 3207 municipalities, we do not allow the formation of any clusters including municipalities in both Hokkaido and other major islands. 29 Second, e-containments for each industry are obtained as the union of the two convex solidified subsets of essential clusters within and without Hokkaido [see, e.g., the cases of "sliding doors and screens", "livestock products", and "manufactured ice" shown in Figures …”
Section: Basic Regionsmentioning
confidence: 99%
“…The travel distance between each pair of neighboring municipalities is computed as the length of the shortest route between their municipality offices along 29 In terms of our -neighborhood definition in Mori and Smith [37, §4.2.2], the distances between Hokkaido regions and those of the major islands are implicitly assumed to exceed . 30 There is of course a certain degree of interdependence between the size of economic areas and the presence of industries in those areas.…”
Section: Interregional Distancesmentioning
confidence: 99%
“…67 This increase corresponds to an annual increase in production costs of traded goods of US$ 5.6 billion to US$ 16.8 billion (Walkenhorst and Dihel 2002). Ultimately, with an estimated elasticity of trade flows (in volume terms) with respect to transport costs (ad valorem) of -2 to -3.5, Limao and Venables (2001) expect trade to reduce by this factor. 68 It is necessary to note that these impacts on trading costs and subsequently trading volumes will vary across goods as well as across trading countries: goods with a high value to weight ratio whose share of trading costs already before 9/11 had a lower proportion of the value (e.g., pharmaceuticals) are expected to be less affected than goods with a low value to weight ratio (Walkenhorst and Dihel 2002).…”
Section: Tradementioning
confidence: 99%