| Article ID: | iaor20161568 |
| Volume: | 8 |
| Issue: | 3 |
| Start Page Number: | 318 |
| End Page Number: | 333 |
| Publication Date: | Apr 2016 |
| Journal: | International Journal of Shipping and Transport Logistics |
| Authors: | Rosal Ignacio Del |
| Keywords: | supply & supply chains, transportation: general, transportation: water, economics |
Information about the use of delivery terms in seaborne trade is very lacking. The main purpose of this paper is to shed some light on the use of Incoterms in maritime transport. The study is based on information about the Incoterms used in Spanish seaborne export and import operations in 2011. An econometric model for the discrete dependent variable is outlined in which the probability of using delivery terms that include maritime transport is related to several factors such as the weight/value ratio of the goods, the distance between Spain and the partner's country and its income per capita.