Shipping cost and development of the landlocked developing countries: Panel evidence from the common correlated effects approach

被引：13

作者：

Ngoc Thien Anh Pham ^{[1
]}

Sim, Nicholas ^{[2
]}

机构：

[1] Univ Adelaide, Sch Architecture & Built Environm, Adelaide, SA, Australia

[2] Singapore Univ Social Sci, Singapore, Singapore

来源：

WORLD ECONOMY | 2020年 / 43卷 / 04期

关键词：

common correlated effects; landlocked developing countries; panel data; shipping cost; ECONOMIC-GROWTH; CHILD-MORTALITY; AID; INEQUALITIES; DEPENDENCE; INFERENCE; MODEL; WEAK;

D O I：

10.1111/twec.12871

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

We estimate the impact of shipping cost on development for landlocked developing countries (LLDCs). Since container trade is important to them, we construct a country-specific measure of shipping cost, called HarpexCost, which combines the global cost of container shipping with information on how exposed to container shipping each LLDC is. We employ the common correlated effects (CCE) estimator of Pesaran (Econometrica, 2006; 55: 967) to first estimate the impact of HarpexCost on the LLDCs' development, and then recover the actual impact of shipping cost from these estimates. Overall, we observe that shipping cost has large negative effects on the LLDCs. Building upon these results, we provide new estimates on the cost of landlockedness and how trade benefits their development.

引用

页码：892 / 920

页数：29

共 50 条

[11] Fiscal Policy Effects on Shadow Economy: Empirical Evidence from Developing Countries
Ahmad, Waqar
Hussain, Babar
ASIAN JOURNAL OF APPLIED ECONOMICS, 2023, 30 (02): : 1 - 22
[12] Remittances and financial development: empirical evidence from heterogeneous panel of countries
Bhattacharya, Mita
Inekwe, John
Paramati, Sudharshan Reddy
APPLIED ECONOMICS, 2018, 50 (38) : 4099 - 4112
[13] Finance, institutions and human development: Evidence from developing countries
Filippidis, Ioannis
Katrakilidis, Constantinos
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2015, 28 (01): : 1018 - 1033
[14] Democracy's limited impact on innovation: Panel data evidence from developing countries
Ahmed, Masood
Khan, Muhammad Atif
Attique, Anam
Khan, Muhammad Asif
Haddad, Hossam
Al-Ramahi, Nidal Mahmoud
PLOS ONE, 2024, 19 (03):
[15] Cross-Border Mergers and Acquisitions in Developing Countries: Evidence from Panel Data
Nasir, NurSyazana Mohd
Kadir, Norsiah
Nayan, Sabri
PROCEEDINGS OF INTERNATIONAL CONFERENCE ON CONTEMPORARY ECONOMIC ISSUES 2014: STIMULATING ECONOMIC GROWTH, IMPROVING QUALITY OF LIFE & ENHANCING YOUTH INVOLVEMENT, 2014, : 31 - 38
[16] Dynamic common correlated effects of trade openness, FDI, and institutional performance on environmental quality: evidence from OIC countries
Ali, Sajid
Yusop, Zulkornain
Kaliappan, Shivee Ranjanee
Chin, Lee
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2020, 27 (11) : 11671 - 11682
[17] Interaction between stock market development and economic growth: Evidence from developing countries
Gozbasi, Onur
ESKISEHIR OSMANGAZI UNIVERSITESI IIBF DERGISI-ESKISEHIR OSMANGAZI UNIVERSITY JOURNAL OF ECONOMICS AND ADMINISTRATIVE SCIENCES, 2015, 10 (02): : 269 - 284
[18] Does ICT maturity catalyse economic development? Evidence from a panel data estimation approach in OECD countries
Ali, Mohammad Afshar
Alam, Khorshed
Taylor, Brad
Rafiq, Shuddhasattwa
ECONOMIC ANALYSIS AND POLICY, 2020, 68 : 163 - 174
[19] Corruption, imported innovation, and growth: Evidence using the panel smooth transition regression approach for developing countries
Hamdi, Helmi
Hakimi, Abdelaziz
REGIONAL SCIENCE POLICY AND PRACTICE, 2023, 15 (05): : 956 - 972
[20] Health, environment, and sustainable development: evidence from panel data from ASEAN countries
Azam, Muhammad
Islam, Faridul
Rashid, Salim
AIR QUALITY ATMOSPHERE AND HEALTH, 2024, 17 (04) : 827 - 842

← 1 2 3 4 5 →