BEGIN:VCALENDAR PRODID:-//eluceo/ical//2.0/EN VERSION:2.0 CALSCALE:GREGORIAN BEGIN:VEVENT UID:ab9290f595d5dc36666afdd05c1451a0 DTSTAMP:20240503T151153Z SUMMARY:Dr. Banu Demir\, Bilkent University DESCRIPTION: \n\nAbstract We quantify the effect of container technology on transport\ncosts and trade by estimating the modal choice between\ncontai nerization and breakbulk shipping using micro-level trade data.\nThe model is motivated by novel facts that relate container usage to\nshipment\, de stination and firm characteristics. We find container\ntransport to have a higher first-mile cost and a lower distance\nelasticity\, making it cost effective in longer distances. At the\nmedian distance across all country pairs\, the box decreases variable\nshipping costs between 16 to 22 percen t. The box explains a\nsignificant amount of the global trade increase sin ce its inception: a\nquantitative exercise suggests that Turkish and U.S. maritime exports\nwould have been about two-thirds of what they are today in the absence\nof containers.\n DTSTART:20170127T190000Z DTEND:20170127T202000Z LOCATION:Gerri C. LeBow Hall\, 3220 Market Street\, 722\, Philadelphia\, PA 19104 END:VEVENT END:VCALENDAR