Estimating the effects of the container revolution on world trade
Many historical accounts have asserted that containerization triggered complementary technological and organizational changes that revolutionized global freight transport. We are the first to suggest an identification strategy for estimating the effects of the container revolution on world trade. Ou...
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| Format: | Article |
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Elsevier
2015
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| Online Access: | https://eprints.nottingham.ac.uk/30877/ |
| _version_ | 1848794081506885632 |
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| author | Bernhofen, Daniel M. El-Sahli, Zouheir Kneller, Richard |
| author_facet | Bernhofen, Daniel M. El-Sahli, Zouheir Kneller, Richard |
| author_sort | Bernhofen, Daniel M. |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Many historical accounts have asserted that containerization triggered complementary technological and organizational changes that revolutionized global freight transport. We are the first to suggest an identification strategy for estimating the effects of the container revolution on world trade. Our empirical strategy exploits time and cross-sectional variation in countries’ first adoption of container facilities and combines it with product-level variation in containerizability and container usage. Applying our container variables on a large panel of product level trade flows for the period 1962-1990, our estimates suggest economically large concurrent and cumulative effects of containerization and lend support for the view of containerization being a driver of 20th century economic globalization. |
| first_indexed | 2025-11-14T19:10:31Z |
| format | Article |
| id | nottingham-30877 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| last_indexed | 2025-11-14T19:10:31Z |
| publishDate | 2015 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-308772020-05-04T17:17:15Z https://eprints.nottingham.ac.uk/30877/ Estimating the effects of the container revolution on world trade Bernhofen, Daniel M. El-Sahli, Zouheir Kneller, Richard Many historical accounts have asserted that containerization triggered complementary technological and organizational changes that revolutionized global freight transport. We are the first to suggest an identification strategy for estimating the effects of the container revolution on world trade. Our empirical strategy exploits time and cross-sectional variation in countries’ first adoption of container facilities and combines it with product-level variation in containerizability and container usage. Applying our container variables on a large panel of product level trade flows for the period 1962-1990, our estimates suggest economically large concurrent and cumulative effects of containerization and lend support for the view of containerization being a driver of 20th century economic globalization. Elsevier 2015-09-14 Article PeerReviewed Bernhofen, Daniel M., El-Sahli, Zouheir and Kneller, Richard (2015) Estimating the effects of the container revolution on world trade. Journal of International Economics . ISSN 0022-1996 containerization 20th century global transportation infrastructure growth of world trade http://www.sciencedirect.com/science/article/pii/S0022199615001403 doi:10.1016/j.jinteco.2015.09.001 doi:10.1016/j.jinteco.2015.09.001 |
| spellingShingle | containerization 20th century global transportation infrastructure growth of world trade Bernhofen, Daniel M. El-Sahli, Zouheir Kneller, Richard Estimating the effects of the container revolution on world trade |
| title | Estimating the effects of the container revolution on world trade |
| title_full | Estimating the effects of the container revolution on world trade |
| title_fullStr | Estimating the effects of the container revolution on world trade |
| title_full_unstemmed | Estimating the effects of the container revolution on world trade |
| title_short | Estimating the effects of the container revolution on world trade |
| title_sort | estimating the effects of the container revolution on world trade |
| topic | containerization 20th century global transportation infrastructure growth of world trade |
| url | https://eprints.nottingham.ac.uk/30877/ https://eprints.nottingham.ac.uk/30877/ https://eprints.nottingham.ac.uk/30877/ |