IDEAS home Printed from https://ideas.repec.org/p/ags/pugtwp/333463.html

Modelling the impacts of a surge in shipping costs

Author

Listed:
  • Ferrari, Emanuele
  • Christidis, Panayotis

Abstract

The paper evaluates the impact of the increase of freight transport costs on the global economy. Using a detailed transport database, a set of detailed shocks by transportation mode, regions and commodities feed a multi-region, recursive dynamic general equilibrium model which analyses the sectorial (agri-food sectors, manufacturing) and macroeconomic (trade, wide-economic indicators) impacts of the recent surge in shipping costs.

Suggested Citation

  • Ferrari, Emanuele & Christidis, Panayotis, 2022. "Modelling the impacts of a surge in shipping costs," Conference papers 333463, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:333463
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/333463/files/11526.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Emanuele Ferrari & Thomas Chatzopoulos & Ignacio Perez Dominguez & Pierre Boulanger & Kirsten Boysen-Urban & Mihaly Himics & Robert M’barek, 2021. "Cumulative economic impact of trade agreements on EU agriculture: 2021 update," JRC Research Reports JRC123037, Joint Research Centre.
    2. Zhenhua Chen & Xinmeng Li, 2021. "Economic impact of transportation infrastructure investment under the Belt and Road Initiative," Asia Europe Journal, Springer, vol. 19(1), pages 131-159, December.
    3. Euijune Kim & Geoffrey Hewings & Chowoon Hong, 2004. "An Application of an Integrated Transport Network- Multiregional CGE Model: a Framework for the Economic Analysis of Highway Projects," Economic Systems Research, Taylor & Francis Journals, vol. 16(3), pages 235-258.
    4. Angel Aguiar & Maksym Chepeliev & Erwin L. Corong & Robert McDougall & Dominique van der Mensbrugghe, 2019. "The GTAP Data Base: Version 10," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 4(1), pages 1-27, June.
    5. Lee, Tsung-Chen & Chang, Young-Tae & Lee, Paul T.W., 2013. "Economy-wide impact analysis of a carbon tax on international container shipping," Transportation Research Part A: Policy and Practice, Elsevier, vol. 58(C), pages 87-102.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paula C. Pereda & Andrea Lucchesi, 2022. "Alternative frameworks for cost-effectiveness analysis of environmental policies in maritime transport," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 24(3), pages 630-650, September.
    2. Li, Huijuan & Hu, Teng & Ma, Xinyu & Cheng, Baodong, 2025. "The impact of transportation infrastructure on the regional economic integration in China:A CGE analysis," International Review of Economics & Finance, Elsevier, vol. 99(C).
    3. Emanuele Ferrari & Christian Elleby & Beyhan DE JONG & Robert M'barek & Ignacio PEREZ DOMINGUEZ, 2024. "Cumulative economic impact of upcoming trade agreements on EU agriculture," JRC Research Reports JRC135540, Joint Research Centre.
    4. Missbach, Leonard & Steckel, Jan Christoph & Vogt-Schilb, Adrien, 2024. "Cash transfers in the context of carbon pricing reforms in Latin America and the Caribbean," World Development, Elsevier, vol. 173(C).
    5. Hafner, Marco & Yerushalmi, Erez & Andersson, Fredrik L. & Burtea, Teodor, 2020. "Quantifying the macroeconomic cost of night-time bathroom visits: an application to the UK," CAFE Working Papers 5, Centre for Accountancy, Finance and Economics (CAFE), Birmingham City Business School, Birmingham City University.
    6. Yujuico, Emmanuel, 2014. "Demandeur pays: The EU and funding improvements in South Asian ship recycling practices," Transportation Research Part A: Policy and Practice, Elsevier, vol. 67(C), pages 340-351.
    7. Aggarwal, Raavi & Missbach, Leonard & Somanathan, E. & Steckel, Jan Christoph & Sterner, Thomas, 2025. "Negative health effects of carbon prices can outweigh the climate benefits in developing countries," EfD Discussion Paper 25-9, Environment for Development, University of Gothenburg.
    8. Damares Lopes Afonso & Fernando Salgueiro Perobelli & Suzana Quinet de Andrade Bastos, 2022. "South–South trade: An analysis of trade integration in the G‐77," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(7), pages 1430-1452, October.
    9. Philippidis, George & M'Barek, Robert & Urban-Boysen, Kirsten & Van Zeist, Willem-Jan, 2023. "Exploring economy-wide sustainable conditions for EU bio-chemical activities," Ecological Economics, Elsevier, vol. 210(C).
    10. Ken Itakura & Hiro Lee, 2023. "Should the United States rejoin the Trans-Pacific trade deal?," International Economics and Economic Policy, Springer, vol. 20(2), pages 235-255, May.
    11. Inkyo Cheong & Valijon Turakulov, 2022. "How Central Asia to Escape from trade isolation?: Policy targeted scenarios by CGE modelling," The World Economy, Wiley Blackwell, vol. 45(8), pages 2622-2648, August.
    12. Glyn Wittwer & Mark Horridge, 2018. "SinoTERM365, Bottom-up Representation of China at the Prefectural Level," Centre of Policy Studies/IMPACT Centre Working Papers g-285, Victoria University, Centre of Policy Studies/IMPACT Centre.
    13. Johannes Bröcker & Jean Mercenier, 2011. "General Equilibrium Models for Transportation Economics," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 2, Edward Elgar Publishing.
    14. Yvonne Wolfmayr & Elisabeth Christen & Hendrik Mahlkow & Birgit Meyer & Michael Pfaffermayr, 2024. "Trade and Welfare Effects of New Trade Policy Instruments," WIFO Studies, WIFO, number 70732, August.
    15. Iimi,Atsushi, 2022. "Estimating the Impacts of Transport Corridor Development in Kazakhstan : Applicationof Dynamic Panel Data Models to Firm Registry Data," Policy Research Working Paper Series 10196, The World Bank.
    16. Nguyen, Duong Binh & Nong, Duy & Simshauser, Paul & Pham, Hien, 2024. "Economic and supply chain impacts from energy price shocks in Southeast Asia," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 929-940.
    17. Diana N. Elshahawany & Eduardo A. Haddd, Michael L. Lahr, 2015. "The Potential Economic Impacts of the Proposed Development Corridor in Egypt: An Interregional CGE Approach," Working Papers, Department of Economics 2015_42, University of São Paulo (FEA-USP).
    18. Mundaca, Gabriela & Strand, Jon & Young, Ian R., 2021. "Carbon pricing of international transport fuels: Impacts on carbon emissions and trade activity," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
    19. Kym Anderson & Ernesto Valenzuela, 2021. "What impact are subsidies and trade barriers abroad having on Australasian and Brazilian agriculture?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(2), pages 265-290, April.
    20. World Bank, 2024. "North Macedonia Climate - Public Finance Review," World Bank Publications - Reports 41834, The World Bank Group.

    More about this item

    Keywords

    ;
    ;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:pugtwp:333463. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/gtpurus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.