Do carrier expectations indicate industry structure in container shipping? An econometric analysis

Journal of Shipping and Trade

Table 1 “Gap series” statistics pre- and post block exemption

Sample	Count	WTA		ETP		Total US
Sample	Count	Mean	Std Dev	Mean	Standard Deviation	Mean	Standard Deviation
Full Sample	N = 76	0.002	0.135	−0.029	0.094	−0.002	0.093
Pre-Block Exemption	N = 43	0.010	0.118
Post-Block Exemption	N = 33	−0.009	0.156
Positive Gaps	N = 76	0.102	0.050	0.035	0.050	0.043	0.083
Pre-Block Exemption	N = 43	0.097	0.005
Post-Block Exemption	N = 33	0.108	0.012
Negative Gaps	N = 76	−0.098	0.095	−0.094	0.069	−0.067	0.059
Pre-Block Exemption	N = 43	−0.081	−0.204
Post-Block Exemption	N = 33	−0.119	−0.523