Ocean Freight Rate Variability as a Factor in International Agricultural Trade

James K. Binkley

No 279415, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Due to inelastic shipping supply, ocean freight rates can fluctuate significantly over short periods. This variability can affect trade analysis. This paper presents evidence on rate variability and discusses possible implications for welfare gains from price stabilization and free trade, for comparative advantage, and for the effects of market power.

Keywords: Public; Economics (search for similar items in EconPapers)
Pages: 14
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279415

DOI: 10.22004/ag.econ.279415

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