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The State of Incoterm® Research

Author

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  • John Vogt
  • Jonathan Davis

Abstract

There is a paucity of research on Incoterms®. The article reviews the evolution of Incoterms®, the current state of research and use of Incoterms®, and sets the foundation for future research. Incoterms® are the globally accepted terms in a contract of sale that define the obligations, costs, and risks, that the buyers’ and sellers’ organizations must undertake. The authors classify currently published research into four categories: Incoterms® focused on a country; the comparison between the different versions of Incoterms®; Incoterms® in trade and legal issues; and understanding of Incoterms®. There is no depth of research published on the use of Incoterms® in trade agreements between buyer and sellers, in the implications for the supply chains of both buyer and seller, on the choice of the Incoterm®, nor in the conflict with other legal systems and commercial codes. Further, there is substantial confusion in the industry about Incoterms® and when and how to apply them in practice.

Suggested Citation

  • John Vogt & Jonathan Davis, 2020. "The State of Incoterm® Research," Transportation Journal, John Wiley & Sons, vol. 59(3), pages 304-324, July.
    • Handle: RePEc:wly:transj:v:59:y:2020:i:3:p:304-324
    DOI: 10.5325/transportationj.59.3.0304
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    References listed on IDEAS

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    1. Violeta Isai & Riana Iren Radu, 2005. "Importance of Delivery Conditions in the External Price Calculation," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 53-58, JUNE.
    2. Roberto Bergami, 2012. "Incoterms 2010: The Newest Revision of Delivery Terms," Acta Universitatis Bohemiae Meridionalis, University of South Bohemia in Ceske Budejovice, Faculty of Economics, vol. 15(2), pages 33-40.
    3. Sameer Kumar, 2010. "Logistics Routing Flexibility and Lower Freight Costs through Use of Incoterms," Transportation Journal, John Wiley & Sons, vol. 49(3), pages 48-56, June.
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    Cited by:

    1. John Vogt & Jonathan Davis, 2025. "Incoterms® Rules: An Outline of Strategic Value Drivers and a Model to Provide a Strategic Choice of the Competitive Incoterms® Rule(s)," International Journal of Global Business and Competitiveness, Springer, vol. 20(1), pages 16-26, December.

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