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Measuring the Economic and Transportation Impacts of Maritime-related Trade

Author

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  • Leigh B Boske

    (LBJ School of Public Affairs, University of Texas at Austin, PO Drawer Y, Austin, TX 78713-8925-99, USA.)

  • John C Cuttino

    (LBJ School of Public Affairs, University of Texas at Austin, PO Drawer Y, Austin, TX 78713-8925-99, USA.)

Abstract

International trade brings widespread economic impacts to local, regional, and national economies. Identifying what economic impacts are and how they take place helps guide policy-makers in making decisions that can promote welfare by enhancing or facilitating the transportation of goods and services along a trade corridor. However, the state of the art in economic and transportation impact measurement has been unable to capture the impacts of international trade. It is the purpose of this paper to analyse the cumulative economic and transportation impact of international trade between the United States and Latin America by adopting a case study methodology that delineates trade across a supply chain. To accomplish this task, it is necessary to apply methodological aspects from three different literatures related to transportation and trade, those of economic impact studies (especially port impact studies), supply chain logistics, and transportation corridors. Using our proposed methodology, we provide estimates of cumulative economic and transportation impacts, relying on the direct expenditures of individual shipments of regionally significant commodities from their origins to their destinations. Maritime Economics & Logistics (2003) 5, 133–157. doi:10.1057/palgrave.mel.9100068

Suggested Citation

  • Leigh B Boske & John C Cuttino, 2003. "Measuring the Economic and Transportation Impacts of Maritime-related Trade," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 5(2), pages 133-157, June.
    • Handle: RePEc:pal:marecl:v:5:y:2003:i:2:p:133-157
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    Citations

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    Cited by:

    1. Andrés Artal-Tur & José María Gómez-Fuster & José Miguel Navarro-Azorín & José María Ramos-Parreño, 2016. "Estimating the economic impact of a port through regional input–output tables: Case study of the Port of Cartagena (Spain)," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 18(4), pages 371-390, December.
    2. A. M. P. Santos & R. Salvador & C. Guedes Soares, 2018. "A dynamic view of the socioeconomic significance of ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(2), pages 169-189, June.
    3. Nguyen, Hong-Oanh & Tongzon, Jose, 2010. "Causal nexus between the transport and logistics sector and trade: The case of Australia," Transport Policy, Elsevier, vol. 17(3), pages 135-146, May.
    4. Ioannis Tsamourgelis & Persa Paflioti & Thomas Vitsounis, 2013. "Seaports Activity (A)synchronicity, Trade Intensity and Business Cycle Convergence: A Panel Data Analysis," International Journal of Maritime, Trade & Economic Issues (IJMTEI), International Journal of Maritime, Trade & Economic Issues (IJMTEI), vol. 0(1), pages 67-92.
    5. César Ducruet & Hidekazu Itoh, 2016. "Regions and material flows: investigating the regional branching and industry relatedness of port traffics in a global perspective," Journal of Economic Geography, Oxford University Press, vol. 16(4), pages 805-830.
    6. Y. H. Venus Lun & Kee‐Hung Lai & T. C. Edwin Cheng, 2008. "A Descriptive Framework for the Development and Operation of Liner Shipping Networks," Transport Reviews, Taylor & Francis Journals, vol. 29(4), pages 439-457, August.

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