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This paper investigates the implications of the round trip effect, where container ships traveling between fixed origins and destinations affect freight rates and consequently international trade. The study introduces a novel instrument to estimate transport costs\' impact on trade and simulates counterfactual import tariff changes, revealing how endogenizing transport costs differs significantly from conventional models that treat transport costs as exogenous.
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The American Economic Journal: Applied Economics is a peer-reviewed academic journal that publishes research in the field of applied economics, which analyzes real-world economic issues using empirical and theoretical methodologies.
Authors conducting empirical studies or theoretical work that is relevant to applied economics are encouraged to submit their manuscripts for consideration in the journal. There are no filing requirements similar to tax filings.
Filling out a submission to the American Economic Journal: Applied requires authors to prepare their manuscripts according to the journal's submission guidelines, which include formatting, length, and style requirements. A cover letter and any supplementary materials should also be included.
The purpose of the American Economic Journal: Applied is to disseminate high-quality research that focuses on the application of economic theory and empirical research to issues of public policy and practical relevance.
Authors must report detailed information regarding their research questions, methodologies, data sources, results, and conclusions. Appropriate citations and acknowledgments of funding sources must also be included.
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