This article offers an interesting perspective and economic analysis of why ethanol fuel has not taken off despite lots of price supports. Essentially a lot of people bet wrong about what would happen with oil. There is a proposal for how to help the situation based on an report from the ICCT. california-contracts-for-difference_white-paper_icct_102016
Source: Lost Generation: ICCT’s financing scheme to jump start advanced biofuels at scale : Biofuels Digest
Posted in Macroeconomics, Managerial Econ, Microeconomics
Jan Hoffman of UNCTAD, President of the IAME, has published another hair-raising report on international trade. I hope he will consider submitting to the IAME conference in Hamburg this summer. Perhaps a poster presentation– it is too late for a peer-reviewed paper.
Abstract After years of hard work, I am pleased to present the results of an extensive empirical study on exports of services and related imports of goods: The Production of Hair Cuts around the Wo…
Studies like this one and Colin Camerer’s famous report on New York taxi drivers have the potential to alter our views of conventional wisdom, macro- and micro economics about everyday economic phenomena.
Jan Hoffman, President of the International Association of Maritime Economists and Chief, Trade Facilitation Section at UNCTAD, published these reflections on large container ships. they’re on Linkedin Pulse. Everyone’s talking about whether big ships should be built or not. But he asks a good question, whether the conventional arguments are relevant. Anyway, do we have any institutions capable of doing anything about the perfect competition in ocean shipping? He correctly points out that eliminating big ships and consolidation will lead to higher prices for delivered goods throughout the world, and consumers of these products will pay more.
Containerships have never been bigger than today, container freight rates have never been lower, and never has so much container carrying capacity been idle. Not a trilemma, but three sides of the
Posted in Logistics, Microeconomics, Ports, Production Operations, Shipping, Strategy, Supply Chains
Tagged big ships, container shipping, Shipping
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