Data and Code for: The Round Trip Effect: Endogenous Transport Costs and International Trade
Principal Investigator(s): View help for Principal Investigator(s) Woan Foong Wong, University of Oregon
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| DataCodeRepository | 09/01/2021 05:39:PM | ||
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application/pdf | 111.6 KB | 06/23/2022 01:26:PM |
Project Citation:
Wong, Woan Foong. Data and Code for: The Round Trip Effect: Endogenous Transport Costs and International Trade. Nashville, TN: American Economic Association [publisher], 2022. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2022-09-21. https://doi.org/10.3886/E120607V1
Project Description
Summary:
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Containerships travel between a fixed set of origins and destinations in round trips, inducing a negative correlation in their freight rates. I study the implications of this round trip effect on international trade and trade policy. I identify this effect and develop an instrument using this effect to estimate the impact of transport costs on trade. I simulate counterfactual import tariff increases in a quantitative model and quantify the importance of endogenizing transport costs with respect to this effect: an exogenous transport costs model predicts a trade balance improvement from protectionist policies while the round trip model finds the opposite.
Scope of Project
Subject Terms:
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trade costs;
transport costs;
transportation;
trade policy;
container shipping
JEL Classification:
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F13 Trade Policy; International Trade Organizations
F14 Empirical Studies of Trade
R40 Transportation Economics: General
R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
F13 Trade Policy; International Trade Organizations
F14 Empirical Studies of Trade
R40 Transportation Economics: General
R41 Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
Geographic Coverage:
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United States
Time Period(s):
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1/2011 – 6/2016
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