Chapter 16: Trade costs, trade, and port efficiency
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Ocean ports are vital hubs for transportation of internationally traded goods and therefore important for economic growth. In this chapter, the authors review the various methodologies that have been used to estimate the efficiency of ocean ports. They then refine and provide updated estimates of port efficiencies based on the methodology of Blonigen and Wilson (2008), compare these estimates of port efficiency with those using other methodologies, and evaluate their role in the level of trade costs and trade.

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