Natural disasters and trade: the mitigating impact of port substitutionJournal of Economic Geography - Tập 20 Số 3 - Trang 809-856 - 2020
Masashige Hamano, Wessel N. Vermeulen
Abstract
We study the effect of natural disasters on port-level exports. We model the interaction between firms and ports to study how strongly exports from one port are affected by changes in the cost of exporting at neighboring ports. We extend the standard trade model with heterogeneous firms to a multiple port structure where exporting is subject...... hiện toàn bộ