2021
DOI: 10.1080/01441647.2021.2010834
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How (in)elastic is the demand for short-sea shipping? A review of elasticities and application of different models to Swedish freight flows

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Cited by 3 publications
(3 citation statements)
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“…Disdier and Head (2008) and Head and Mayer (2014) find that that the elasticity to distance (a proxy for transportation attributes) is approximately equal to -1.0 and that this is a significant impediment to bilateral trade. Merkel et al (2021) provide a review of existing estimates on elasticities of maritime freight transport demand with respect to transport time, and they report an average of -0.49. In cargo markets where there is the possibility of switching to other transportation modes, the elasticity estimates are typically lower.…”
Section: Insert Table 2 Around Herementioning
confidence: 99%
“…Disdier and Head (2008) and Head and Mayer (2014) find that that the elasticity to distance (a proxy for transportation attributes) is approximately equal to -1.0 and that this is a significant impediment to bilateral trade. Merkel et al (2021) provide a review of existing estimates on elasticities of maritime freight transport demand with respect to transport time, and they report an average of -0.49. In cargo markets where there is the possibility of switching to other transportation modes, the elasticity estimates are typically lower.…”
Section: Insert Table 2 Around Herementioning
confidence: 99%
“…These disadvantages can be caused by sea transport's greater sensitivity to externalities such as weather than other modes of transport. Despite the disadvantage, risks, and heightened sensitivity to externalities, short sea shipping demand is generally inelastic to changes in the relative cost of alternative transport modes without impractical amounts of subsidisation of alternative transport modes (Merkel et al, 2021).…”
Section: Factors Affecting Transport Mode Selectionmentioning
confidence: 99%
“…Disdier and Head (2008) and Head and Mayer (2014) find that that the elasticity to distance (a proxy for transportation attributes) is approximately equal to -1.0 and that this is a significant impediment to bilateral trade. Merkel et al (2021) provide a review of existing estimates on elasticities of maritime freight transport demand with respect to transport time, and they report an average of -0.49. In cargo markets where there is the possibility of switching to other transportation modes, the elasticity estimates are typically lower.…”
Section: Insert Table 2 Around Herementioning
confidence: 99%