The Trade Reducing Effects of Market Power in International Shipping

By David L. Hummels, Volodymyr Lugovskyy, Alexandre Skiba. 2009

294 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/bb994fc2b70efcb6970455c71316774edb6da7d6

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Citations in the corpus

A Balls-and-Bins Model of Trade (2014, unknown): “The lognormal distribution does a good job in matching the Lorenz curve reported in Bernard, Jensen and Schott (2007).(20) The size distribution of bins will then inherit this lognormal distribution with the additional normalization that the bin sizes add up to one.”
Measuring the price elasticity of import demand in the destination markets of italian exports (2010, methodology): “These elasticities have been used in many papers and “are becoming something of an industry standard for studies that require an estimate of the price elasticity of import demand” (Hummels et al., 2009, p. 95).”
Transportation, freight rates, and economic geography (2011, background): “Whereas Clyde and Reitzes (1995) find no relationship between freight rates and carriers' market concentration on shipping routes, Hummels et al. (2009) find that freight markups are slightly increasing with market concentration (Skiba, 2007, finds that freight rates fall with overall trade…”
Does aid for trade enhance export performance? Investigating on the infrastructure channel (2012, unknown): “Indeed, a growing literature suggests that transport costs are endogenous to the characteristic of goods being traded and the market or organizational structure of the industry providing the service (Hummels et al. , 2009; Djankov and Sequeria, 2009).”
Goods Prices and Availability in Cities (2011, unknown): “Finally, Hummels et al. (2009) argue that scale economies in the shipping industry lower costs and increase competition on routes to large markets.”