Impact of the Panama Canal expansion on Latin American and Caribbean ports: difference in difference (DID) method

نویسندگان

چکیده

Abstract The expanded Panama Canal opened on June 26, 2016. This expansion is the third set of locks that enabled canal to double its capacity through addition new traffic lanes, which allowed neo-Panamax and some post-Panamax vessels transit across canal. widening has increased maritime within Latin America Caribbean (LAC). Major ports in regions have made huge investments port infrastructural development accommodate vessels. In this study, we investigated impact (PCE) (LAC) by using Difference (DID) method. was evaluated for 100 major regular three sub-regions LAC, namely Caribbean, Central, South America, before after treatment effect, is, PCE. findings from model revealed average container throughput (TEUs) treated (DTrp) more than controlled (CONTp) with transshipment hub, Central having 20%, 12%, 34% growth, respectively, since PCE (the treatment) except (DTrp), experienced losses 8% LAC region 2010 2019.

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ژورنال

عنوان ژورنال: Journal of Shipping and Trade

سال: 2021

ISSN: ['2364-4575']

DOI: https://doi.org/10.1186/s41072-021-00091-5