TY - JOUR
T1 - Passenger shipping cartels and their effect on trans-atlantic migration
AU - Deltas, George
AU - Sicotte, Richard
AU - Tomczak, Peter
N1 - Copyright:
Copyright 2011 Elsevier B.V., All rights reserved.
PY - 2008/2
Y1 - 2008/2
N2 - We Investigate the Impact of Passenger Shipping Cartels on Trans-Atl. Migration during the Early Twentieth Century. We Assemble from Prim. Sources A Detailed Database of Passenger Flows and Cartel Operations and Show That Cartel Oper. Reduced Migratory Flows by Approx. 20% to 25%. Further, we Show That There Was no Strong Intertemporal Substitution, in Migration to N. Amer. (At Least in the Short Run) And, Therefore, That the Effects of Cartel Oper. Were Not Undone by Later Migration. Lastly, we Find That Cartel Oper. Had no Appreciable Effect on the Variability of Migration Flows, Providing Evidence Against the Notion That Unfettered Competition Was Destabilizing to Turn-of-the-century Transp. Markets. 2008 by the Pres. and Fellows of Harvard Coll. and the Massachusetts Inst. of Technol.
AB - We Investigate the Impact of Passenger Shipping Cartels on Trans-Atl. Migration during the Early Twentieth Century. We Assemble from Prim. Sources A Detailed Database of Passenger Flows and Cartel Operations and Show That Cartel Oper. Reduced Migratory Flows by Approx. 20% to 25%. Further, we Show That There Was no Strong Intertemporal Substitution, in Migration to N. Amer. (At Least in the Short Run) And, Therefore, That the Effects of Cartel Oper. Were Not Undone by Later Migration. Lastly, we Find That Cartel Oper. Had no Appreciable Effect on the Variability of Migration Flows, Providing Evidence Against the Notion That Unfettered Competition Was Destabilizing to Turn-of-the-century Transp. Markets. 2008 by the Pres. and Fellows of Harvard Coll. and the Massachusetts Inst. of Technol.
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U2 - 10.1162/rest.90.1.119
DO - 10.1162/rest.90.1.119
M3 - Article
AN - SCOPUS:38849204982
SN - 0034-6535
VL - 90
SP - 119
EP - 133
JO - Review of Economics and Statistics
JF - Review of Economics and Statistics
IS - 1
ER -