|
|||||
|
|
An econometric analysis of freight rate disparities in US liner trades |
|
| Authors: | Russell Byington Gary Olin |
| Institution: | Edgehill Drive , Dumfries , VA 22026 , USA |
| Abstract: | This paper tests an economic rationale for freight rate discrimination in US liner shipping. Rate disparities are explained in terms of differences in the price elasticities of demand for imports and exports. Higher freight rates for US exports reflect the fact that exports are less price elastic than imports. |
| Keywords: | |