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Unclogging the Arteries: The Impact of Transport Costs on Latin American and Caribbean Trade

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Author Info

  • Mauricio Mesquita Moreira
  • Christian Volpe Martincus
  • Juan S. Blyde

Abstract

The book explores the impact of transport costs on trade in Latin America and the Caribbean, and argues that transport costs have assumed an unprecedented strategic importance to the region. The region can no longer rely solely on trade agreements, proximity, labor costs and an abundant supply of natural resources to give it a competitive advantage in international trade. The book finds that countries in Latin America and the Caribbean have transport costs that are generally higher than those of the developed world, largely because of deficiencies in infrastructure and weak competition in shipping services. It concludes that a broader and more balanced trade agenda would bring the long neglected issue of transport costs to the center of the policy debate.

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Bibliographic Info

Paper provided by Inter-American Development Bank in its series IDB Publications with number 13138.

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Handle: RePEc:idb:brikps:13138

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Related research

Keywords: Trade Facilitation; Integration & Trade; Globalization & Regionalization; Trade Agreements; tariffs; integration agenda; quality of infrastructure; ALADI; lack of competition; exports; liberalization; freight rates; regulation; markets;

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Citations

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Cited by:
  1. Prabir De, 2009. "Global economic and financial crisis: India’s trade potential and future prospects," Working Papers 6409, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
  2. Christian Volpe Martincus & Juan S. Blyde, 2012. "Shaky Roads and Trembling Exports: Assessing the Trade Effects of Domestic Infrastructure Using a Natural Experiment," IDB Publications 82533, Inter-American Development Bank.
  3. Michael E. Waugh, 2010. "International Trade and Income Differences," American Economic Review, American Economic Association, vol. 100(5), pages 2093-2124, December.
  4. Pablo Guerrero & Krista Lucenti & Sebastián Galarza, 2010. "Trade Logistics and Regional Integration in Latin America and the Caribbean," Trade Working Papers 22752, East Asian Bureau of Economic Research.
  5. Scott Petty & Jose Asturias, 2012. "A Model of Trade with Endogenous Transportation Costs," 2012 Meeting Papers 1095, Society for Economic Dynamics.
  6. Mauricio Mesquita Moreira & Paolo Giordano & Antoni Estevadeordal & Tomás Serebrisky & Jordan Schwartz & Ricardo Sánchez & Aiga Stokenberga, 2010. "Nota de Discusión de Politícas: Cómo Reducir Las Brechas de Integración (Escenarios y Recomendaciones de Políticas para Promover la Infraestructura Física y Reducir los Costes del Comercio Intra," IDB Publications 9338, Inter-American Development Bank.
  7. World Bank, 2010. "Logistics in Argentina : Analysis, Options and Strategies to Overcome Emerging Restrictions," World Bank Other Operational Studies 12553, The World Bank.
  8. Richard Pomfret & Patricia Sourdin, 2010. "Why do trade costs vary?," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 146(4), pages 709-730, December.
  9. Jordan Schwartz & José Luis Guasch & Gordon Wilmsmeier, 2009. "Logistics, Transport and Food Prices in LAC: Policy Guidance for Improving Efficiency and Reducing Costs," IDB Publications 9324, Inter-American Development Bank.
  10. repec:idb:brikps:41818 is not listed on IDEAS
  11. Pablo Guerrero & Krista Lucenti & Sebastián Galarza S., 2009. "Trade Logistic and Regional Integration in Latin America & the Caribbean," IDB Publications 9331, Inter-American Development Bank.
  12. Barbara Kotschwar, 2012. "Transportation and Communication Infrastructure in Latin America: Lessons from Asia," Working Paper Series WP12-6, Peterson Institute for International Economics.
  13. Richard Pomfret & Patricia Sourdin, 2010. "Trade Facilitation And The Measurement Of Trade Costs," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 145-163.

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