Per-shipment costs and the lumpiness of international trade

Cecília Hornok, Miklós Koren

    Research output: Contribution to journalArticlepeer-review

    Abstract (may include machine translation)

    Using detailed U.S. and Spanish export data, we document that trade costs of a per-shipment nature are associated with less frequent and larger shipments (i.e., more lumpiness) in international trade. This finding is pervasive across broad product categories, but most apparent for industrial supplies, parts and accessories, and food products.

    Original languageEnglish
    Pages (from-to)525-530
    Number of pages6
    JournalReview of Economics and Statistics
    Volume97
    Issue number2
    DOIs
    StatePublished - 1 May 2015

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