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Transport Costs and Trade Volumes

Evidence from the Trans-Atlantic Iron Trade, 1870-1913

Datos Bibliográficos

ID5753073
AutoresKris Inwood (0000-0002-3533-7047, University of Guelph), Ian Keay (0000-0002-6824-5093, Queen's University)
Año2015
Volumen75
Número1
Páginas95-124
Fecha de publicación2015-03-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaThe Journal of Economic History (JOURNAL)
Identificadores de la revistaISSN: 0022-0507 • E-ISSN: 1471-6372
EditorialCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022050715000042
OpenAlexW2048308654
IdiomaEN
Citas recibidas3
Referencias citadas32

We use newly compiled evidence on inter- and intra-continental shipping costs to investigate the relationship between transportation and trade for trans-Atlantic iron markets from 1870-1913. Although we find a surprisingly weak connection linking ocean freight rates to British exports, after controlling for endogeneity and measuring all costs associated with inter-continental pig iron shipments and the intra-continental assembly of raw materials, the importance of transportation strongly asserts itself. The cost to transport pig iron across the Atlantic, and the cost to transport iron ore and coking coal within North America, were important determinants of the volume of British exports

Biology · Business · Coal · Econometrics · Economics · Endogeneity · Geography · International economics · International trade · Natural resource economics · Raw material · Ecology · Global trade and economics · Historical Economic and Social Studies · Natural Resources and Economic Development

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Obras citantes distintas3
Citas por año0,38
Intervalo de citas2018 - 2023 (6)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 3
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