Publication:
Economic Consequences of Cabotage Restrictions: The Effect of the Jones Act on Puerto Rico

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dc.contributor.authorHillberry, Russell
dc.contributor.authorJimenez, Manuel I.
dc.date.accessioned2024-05-21T18:02:26Z
dc.date.available2024-05-21T18:02:26Z
dc.date.issued2024-05-21
dc.description.abstractThis paper studies the consequences of a U.S. cabotage law for Puerto Rico (PR). Data on ship arrivals in PR show that the fleet of U.S. vessels that call there lacks capacity for carrying non-containerized freight. Empirical estimation using trade data shows that PR’s imports of sea-shipped final products are biased against U.S. mainland sources. This bias is strongest for heavy products and products not typically shipped in containers. Among upstream products, a strong bias against imports of sea-shipped products applies to all sources. Estimated tariff-equivalent costs among final products imply static annual welfare losses of 1.1 percent of household consumption ($203 per person). The same tariff-equivalent cost estimates imply that the law raises the cost of investment in PR by 3.0 percent. The observed bias against sea-shipped inputs in PR’s imports may result from long-run industry location decisions that have been influenced by the law's presence.en
dc.identifierhttp://documents.worldbank.org/curated/en/099257005212415735/IDU15b5b7ebd10471140061b90610cb9b5695bc1
dc.identifier.doi10.1596/1813-9450-10780
dc.identifier.urihttps://hdl.handle.net/10986/41572
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10780
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectMARITIME SHIPPING
dc.subjectCABOTAGE
dc.subjectJONES ACT
dc.subjectPUERTO RICA
dc.titleEconomic Consequences of Cabotage Restrictionsen
dc.title.subtitleThe Effect of the Jones Act on Puerto Ricoen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleEconomic Consequences of Cabotage Restrictions: The Effect of the Jones Act on Puerto Rico
okr.date.disclosure2024-05-21
okr.date.lastmodified2024-05-21T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099257005212415735/IDU15b5b7ebd10471140061b90610cb9b5695bc1
okr.guid099257005212415735
okr.identifier.docmidIDU-5b5b7ebd-0471-4006-b906-0cb9b5695bc1
okr.identifier.doi10.1596/1813-9450-10780
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10780
okr.identifier.externaldocumentum34322190
okr.identifier.internaldocumentum34322190
okr.identifier.reportWPS10780
okr.import.id4209
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099257005212415735/pdf/IDU15b5b7ebd10471140061b90610cb9b5695bc1.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryPuerto Rico
okr.topicInternational Economics and Trade::Trade Policy
okr.topicInternational Economics and Trade::Trade and Transport
okr.unitDECRG: Trade & Intl. Integration (DECTI)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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