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Maritime Connectivity And Trade

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  • Marco Fugazza

Abstract

Connectivity is a crucial determinant of bilateral exports. This paper presents an empirical assessment of the relationship between maritime connectivity and exports in containerizable goods during the period 2006-2012. Based on a unique dataset empirical investigations unequivocally show that lacking a direct maritime connection with a trade partner is associated with lower values of exports. Estimates point to a range varying from minus 42 per cent to minus 55 per cent. When assessing the effect of the number transhipments necessary to connect country pairs, any additional transhipment is associated with a 20 to 25 per cent lower value of exports. Results further suggest that in the absence of a bilateral connectivity indicator the impact of bilateral distance on bilateral exports is likely to be over-estimated.

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  • Marco Fugazza, 2015. "Maritime Connectivity And Trade," UNCTAD Blue Series Papers 70, United Nations Conference on Trade and Development.
    • Handle: RePEc:unc:blupap:70
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    1. Shih-Wei Lin & Ching-Jung Ting & Kun-Chih Wu, 2018. "Simulated annealing with different vessel assignment strategies for the continuous berth allocation problem," Flexible Services and Manufacturing Journal, Springer, vol. 30(4), pages 740-763, December.
    2. Marco Fugazza & Jan Hoffmann, 2017. "Liner shipping connectivity as determinant of trade," Journal of Shipping and Trade, Springer, vol. 2(1), pages 1-18, December.
    3. Jan Hoffmann & Naima Saeed & Sigbjørn Sødal, 2020. "Liner shipping bilateral connectivity and its impact on South Africa’s bilateral trade flows," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 22(3), pages 473-499, September.
    4. Samia Bouazza & Zoubida Benmamoun & Hanaa Hachimi, 2023. "Maritime Bilateral Connectivity Analysis for Sustainable Maritime Growth: Case of Morocco," Sustainability, MDPI, vol. 15(6), pages 1-23, March.
    5. Achilleas Tsantis & John Mangan & Agustina Calatayud & Roberto Palacin, 2023. "Container shipping: a systematic literature review of themes and factors that influence the establishment of direct connections between countries," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 25(4), pages 667-697, December.
    6. Marco Fugazza & Jan Hoffmann, 2016. "Maritime Connectivty Since 2006," UNCTAD Blue Series Papers 72, United Nations Conference on Trade and Development.
    7. Xu, Mengqiao & Deng, Wenhui & Zhu, Yifan & LÜ, Linyuan, 2023. "Assessing and improving the structural robustness of global liner shipping system: A motif-based network science approach," Reliability Engineering and System Safety, Elsevier, vol. 240(C).
    8. Chaminda Abeysinghe & Hashan Wijesinghe, 2021. "Political-Economic impact of growing rivalry between china and the Quad Alliance on Small states in Asia: Special Reference to Sri Lanka," Technium Social Sciences Journal, Technium Science, vol. 19(1), pages 545-562, May.
    9. Cheung, Kam-Fung & Bell, Michael G.H. & Pan, Jing-Jing & Perera, Supun, 2020. "An eigenvector centrality analysis of world container shipping network connectivity," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 140(C).
    10. Vikas Kumar Mishra & Bapi Dutta & Mark Goh & José Rui Figueira & Salvatore Greco, 2021. "A robust ranking of maritime connectivity: revisiting UNCTAD’s liner shipping connectivity index (LSCI)," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 23(3), pages 424-443, September.
    11. Y. H. Venus Lun & Jan Hoffmann, 2016. "Connectivity and trade relativity: the case of ASEAN," Journal of Shipping and Trade, Springer, vol. 1(1), pages 1-13, December.
    12. Jan Hoffmann & Naima Saeed & Sigbjørn Sødal, 0. "Liner shipping bilateral connectivity and its impact on South Africa’s bilateral trade flows," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 0, pages 1-27.

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