000			01439nam a22001577a 4500
999			_c523953 _d523953
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100			_aGanapati, Sharat and Wong, Woan Foong _944184
245			_aHow far goods travel: Global transport and supply chains from 1965–2020
260			_aThe Journal of Economic Perspectives
300			_a37(3), Summer, 2023: p.3-30
520			_aThis paper considers the evolution of global transportation usage over the past half century and its implications for supply chains. Transportation usage has more than doubled as costs decreased by a third. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase, thereby encouraging longer supply chains. We discuss technological advances over this period, and their interactions with endogenous responses from transportation costs and supply chain linkages. Supply chains involving more countries and longer distances are reflective of reliable and efficient transportation, but are also more exposed to disruptions, highlighting the importance of considering the interconnectedness of transportation and supply chains in policymaking and future work.- Reproduced https://www.aeaweb.org/articles?id=10.1257/jep.37.3.3
650			_aTravel, Global transport, Supply chains _944185
773			_aThe Journal of Economic Perspectives
906			_aTRANSPORT
942			_cAR