Trade and welfare consequences of land-lockedness : theory and empirical evidence from developing countries
The purpose of this study is to analyse, both theoretically and empirically, the international trade and economic welfare consequences for land-locked developing countries of having no direct access to the sea. More specifically, the study aims firstly to show that the natural barrier to overseas trade due to land-lockedness is substantial, compared with both the value of goods they trade internationally, the natural barrier due to ocean shipping costs and the governmental barriers due...[Show more]
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