000298993 001__ 298993
000298993 005__ 20210412201938.0
000298993 037__ $$aBOOK
000298993 245__ $$aTrade from space$$bshipping networks and the global implications of local shocks
000298993 260__ $$aLondon$$bCentre for Economic Policy Research$$c2019
000298993 269__ $$a2019
000298993 300__ $$a39 p. 
000298993 336__ $$aPapers and Reports
000298993 490__ $$aDiscussion Paper / Centre for Economic Policy Research ; 14193. International trade and regional economics
000298993 520__ $$aThis paper examines the structure of the shipping network and its implications on global trade and welfare. Using novel data on the movements of container ships, we calculate optimal travel routes. We then estimate the impact of a shock to the network on global trade by means of a natural experiment: the 2016 Panama Canal expansion. Trade between country pairs using the canal increased by 9-10% after the expansion. While the building costs were borne by Panama alone, a model-based quantification shows that the welfare gains were shared by many countries, due to the network structure of shipping.
000298993 700__ $$aZi, Yuan
000298993 700__ $$aHeiland, Inga
000298993 700__ $$aMoxnes, Andreas
000298993 700__ $$aUlltveit-Moe, Karen Helene
000298993 8564_ $$950cfe85e-1bfe-4a95-8c68-520fb17d25bd$$s1565888$$uhttps://repository.graduateinstitute.ch/record/298993/files/CEPR-DP14193.pdf
000298993 909CO $$ooai:repository.graduateinstitute.ch:298993$$pGLOBAL_SET$$pIHEID:Explore
000298993 981__ $$aoverwrite