Transshipment Hubs, Trade, and Supply Chains
The National Bureau of Economic Research (NBER), founded in 1920, is a private, non-profit organization that conducts economic research and disseminates findings among academics, policymakers, and business professionals.
Most global trade is transported by sea through hub-and-spoke shipping networks. Research investigates the benefits of being a hub country by analyzing how transshipment activity affects trade and supply chains.
Key findings include:
- Most US imports, especially from smaller origin countries, are transshipped via key hubs.
- Transshipment is positively correlated with the hub's product-level trade.
By leveraging the indirect shipping network structure, research constructs an instrument to show that transshipment increases hubs' imports from origins for which they facilitate trade and exports of downstream goods, highlighting their central role in shaping global trade and supply chain dynamics.
No direct quote available in the text.
Author's summary: Research on transshipment hubs and global trade.
More News
- Student death remains the routine at Middlebury - The Middlebury Campus
- Optus bosses to front Triple Zero grilling
- Editorial: Movable bike barrier a good step for Richmond Bridge
- The Rise of the Populist Moderates
- Honor of Kings celebrates global culture with a new original skin series inspired by folklore
- Doubts about Trump’s wound to ear - Villages-News.com