Trade in International Maritime Services : How Much Does Policy Matter?

Maritime transport costs significantly impede international trade. This article examines why these costs are so high in some countries and quantifies the importance of two explanations: restrictive trade policies and private anticompetitive practices. It finds that both matter, but the latter have a greater impact. Trade liberalization and the breakup of private carrier agreements would lead to an average of one-third lower liner transport prices and to cost savings of up to US dollar 3 billion on goods carried to the United States alone. The policy implications are clear: there is a need not only for further liberalization of government policy but also for strengthened international disciplines on restrictive business practices. The authors propose an approach to developing such disciplines in the current round of services negotiations at the World Trade Organization (WTO).

Bibliographic Details

Main Authors:	Fink, Carsten, Mattoo, Carsten, Neagu, Ileana Cristina
Format:	Journal Article biblioteca
Language:	English en_US
Published:	Washington, DC: World Bank 2002-01
Subjects:	ADVERTISING, AIR, AIR SERVICES, AIR TRANSPORT, ALTERNATIVE MODES, ALTERNATIVE MODES OF TRANSPORTATION, BERTHING, BIDDING, CABOTAGE, CARGO, CARGO HANDLING, CARGO RATES, CARRIER, CARRIERS, COMMERCE, COMMERCIAL POLICY, COMMODITIES, COMMODITY, COMMON CARRIERS, CONTAINER TERMINALS, CONTAINERIZATION, CONTAINERIZED CARGO, CONTAINERS, CONTESTABILITY, CONTESTABLE MARKET, COST INCREASES, CRUDE OIL, CUSTOMS, CUSTOMS CLEARANCE, CUSTOMS DUTIES, DEMAND ELASTICITIES, DOMESTIC MARKET, DRY BULK, ECONOMIC EFFECTS, ECONOMIES OF SCALE, ELASTICITY, ELASTICITY OF DEMAND, FARES, FIXED COSTS, FOREIGN PORTS, FOREIGN SHIPS, FREIGHT, FREIGHT FORWARDING, FREIGHT TRANSPORT, HARBORS, INTERNATIONAL CONTAINER TERMINAL, INTERNATIONAL SHIPPING, INTERNATIONAL TRADE, INTERNATIONAL TRANSPORT, INVENTORY, JOURNEY, LANDLOCKED COUNTRIES, LINER CONFERENCES, LINER OPERATORS, LINER SERVICES, LINER SHIPPING, LONGER DISTANCES, MANUFACTURING, MARITIME INDUSTRY, MARITIME POLICY, MARITIME POLICY MANAGEMENT, MARITIME SECTOR, MARITIME SERVICES, MARITIME TRANSPORT, MARITIME TRANSPORTATION, MARKET ACCESS, MARKET FORCES, MARKET POWER, MARKET SEGMENTS, MARKET SHARE, MERCHANDISE, MERCHANDISE IMPORTS, MERCHANT MARINES, MOBILITY, MODE OF TRANSPORT, MODES OF TRANSPORT, MONOPOLY, NAVIGATION, NAVIGATION AIDS, OCEAN CARRIERS, OCEAN FREIGHT, OCEAN FREIGHT RATES, PASSENGERS, POLICE, PORT ASSETS, PORT AUTHORITIES, PORT AUTHORITY, PORT CONCESSIONS, PORT INFRASTRUCTURE, PORT OF ENTRY, PORT PERFORMANCE, PORT REFORM, PORTS, PREDATORY PRICING, PRICE COMPETITION, PRICE FIXING, PRICE SETTING, PRICE STABILITY, PROFITABLE ROUTES, ROAD, ROAD TRANSPORT, ROUTE, ROUTES, SAFETY, SEAPORTS, SHIP OWNERS, SHIPMENTS, SHIPPERS, SHIPPING, SHIPPING CHARGES, SHIPPING COMPANIES, SHIPPING COMPANY, SHIPPING CONFERENCES, SHIPPING INDUSTRY, SHIPPING LINES, SHIPPING RATES, SHIPPING ROUTES, SHIPS, SPREAD, STEVEDORING, SUPPLIERS, TERMINAL OPERATORS, TONNAGE, TOWING, TRAFFIC, TRAFFIC CROSSING, TRAFFIC DISTRIBUTION, TRAMP SHIPPING, TRANSIT, TRANSPORT CHARGES, TRANSPORT COSTS, TRANSPORT DATA, TRANSPORT DEMAND, TRANSPORT ECONOMICS, TRANSPORT OPERATIONS, TRANSPORT PRICE, TRANSPORT SERVICE, TRANSPORT SERVICES, TRANSPORTATION, TRANSPORTATION COSTS, TRANSPORTATION SERVICE, VOLATILITY, WAREHOUSING,
Online Access:	http://documents.worldbank.org/curated/en/2002/01/17737141/trade-international-maritime-services-much-policy-matter https://hdl.handle.net/10986/17191
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