The role of insurance in international shipping costs
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DOI: 10.1016/j.econlet.2017.03.025
Abstract: We estimate insurance costs for international shipments, and determine that distance does not affect insurance costs. This corroborates empirical observations of the Alchian–Allen effect. We also show that GDP per capita is endogenously related to… read more here.
Keywords: insurance; international shipping; role insurance; insurance costs ... See more keywords