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Type: Journal article
Title: "Special issue on Latin-American research" maritime networks, services structure and maritime trade
Author: Márquez-Ramos, L.
Martínez-Zarzoso, I.
Pérez-García, E.
Wilmsmeier, G.
Citation: Networks and Spatial Economics, 2011; 11(3):555-576
Publisher: Springer
Issue Date: 2011
ISSN: 1566-113X
Statement of
Laura Márquez-Ramos, Inmaculada Martínez-Zarzoso, Eva Pérez-García, Gordon Wilmsmeier
Abstract: This paper aims at investigating the relationship between maritime trade and maritime freight rates at sectoral level. These rates and their effect on international trade will be estimated using highly disaggregated data of shipments from five Spanish ports to seventeen destinations, 78.34% of the tonnage exported by Spain. The paper focuses on the effect of maritime networks, services structure and port infrastructure variables on maritime freight rates. The relationship between freight rates and trade is then analysed by applying a gravity model for sectoral exports. We investigate the endogeneity of the trade and freight rate variables by estimating both equations by using instrumental variables methods. The main findings of this study should contribute significantly in explaining the variability of maritime freight rates and to quantifying the impact of maritime freight rates in maritime trade.
Keywords: Maritime freight rates; connectivity; Spanish exports
Rights: © The Author(s) 2010
DOI: 10.1007/s11067-010-9128-5
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Mathematical Sciences publications

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