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Estimating the effects of the container revolution on world trade

El-Sahli, Zouheir LU ; Bernhofen, Daniel M. and Kneller, Richard (2016) In Journal of International Economics 98. p.36-50
Abstract
Many historical accounts have asserted that containerization triggered complementary technological and organizational changes that revolutionized global freight transport. We are the first to suggest an identification strategy for estimating the effects of the container revolution on world trade. Our empirical strategy exploits time and cross-sectional variation in countries’ first adoption of container facilities and combines it with product-level variation in containerizability and container usage. Applying our container variables on a large panel of product level trade flows for the period 1962-1990, our estimates suggest economically large concurrent and cumulative effects of containerization and lend support for the view of... (More)
Many historical accounts have asserted that containerization triggered complementary technological and organizational changes that revolutionized global freight transport. We are the first to suggest an identification strategy for estimating the effects of the container revolution on world trade. Our empirical strategy exploits time and cross-sectional variation in countries’ first adoption of container facilities and combines it with product-level variation in containerizability and container usage. Applying our container variables on a large panel of product level trade flows for the period 1962-1990, our estimates suggest economically large concurrent and cumulative effects of containerization and lend support for the view of containerization being a driver of 20th century economic globalization. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
growth of world trade., 20th century global transportation infrastructure, containerization
in
Journal of International Economics
volume
98
pages
36 - 50
publisher
Elsevier
external identifiers
  • wos:000368744700004
  • scopus:84952985940
ISSN
1873-0353
DOI
10.1016/j.jinteco.2015.09.001
language
English
LU publication?
yes
id
a60f0b08-8232-4389-8618-35b812a05176 (old id 7759842)
date added to LUP
2015-08-12 16:07:33
date last changed
2017-06-04 03:28:14
@article{a60f0b08-8232-4389-8618-35b812a05176,
  abstract     = {Many historical accounts have asserted that containerization triggered complementary technological and organizational changes that revolutionized global freight transport. We are the first to suggest an identification strategy for estimating the effects of the container revolution on world trade. Our empirical strategy exploits time and cross-sectional variation in countries’ first adoption of container facilities and combines it with product-level variation in containerizability and container usage. Applying our container variables on a large panel of product level trade flows for the period 1962-1990, our estimates suggest economically large concurrent and cumulative effects of containerization and lend support for the view of containerization being a driver of 20th century economic globalization.},
  author       = {El-Sahli, Zouheir and Bernhofen, Daniel M. and Kneller, Richard},
  issn         = {1873-0353},
  keyword      = {growth of world trade.,20th century global transportation infrastructure,containerization},
  language     = {eng},
  pages        = {36--50},
  publisher    = {Elsevier},
  series       = {Journal of International Economics},
  title        = {Estimating the effects of the container revolution on world trade},
  url          = {http://dx.doi.org/10.1016/j.jinteco.2015.09.001},
  volume       = {98},
  year         = {2016},
}