TRB Pubsindex
Text Size:
x

« Prev Next »

Return to Results | New Search

Bookmark and Share

Title:

USE OF A MULTIREGIONAL VARIABLE INPUT-OUTPUT MODEL TO ANALYZE ECONOMIC IMPACTS OF TRANSPORTATION COSTS

Accession Number:

00319376

Record Type:

Component

Availability:

Find a library where document is available


Order URL: http://worldcat.org/isbn/0309030560

Abstract:

A multiregional variable input-output model is introduced to investigate the impact of a change in transportation costs on regional development and trade flows. Regional Technical coefficients and trade coefficients are endogenous variables to the model and are sensitive to transportation costs as well as other input costs. Each industry is assumed to have a linear logarithm production frontier with a constant return to scale. Profit-maximizing price frontiers are obtained from the dual relation. These prices are expressed in terms of transportation costs, wage rates, land prices, input elasticities, and parameters of technical progress. These prices determine the regional technical coefficients and trade coefficients. The impact of a change in transportation costs on trade structure, regional growth, and inflation is investigated by using 1963 three-region, 10-sector interindustry flow data as a base. As expected, an increase in transportation cost between regions reduces the trade coefficient between the regions and increases the "own" trade coefficient; i.e., the purchases from other regions decrease and the purchases from local markets increase as the costs of transportation increase. An increase in transportation cost hampers regional development, but its sensitivity differs among industries. (Author)

Supplemental Notes:

Publication of this paper sponsored by Committee on Social, Economic, and Environmental Factors of Transportation. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.

Monograph Accession #:

01411572

Authors:

Liew, Chong K
Liew, Chung J

Discussers:

Gamble, Hays B

Pagination:

p. 5-12

Publication Date:

1980

Serial:

Transportation Research Record

Issue Number: 747
Publisher: Transportation Research Board
ISSN: 0361-1981

Conference:

59th Annual Meeting of the Transportation Research Board

Location: Washington District of Columbia, United States
Date: 1980-1-21 to 1980-1-25

ISBN:

0309030560

Features:

References (8) ; Tables (4)

Uncontrolled Terms:

Cost analysis

Subject Areas:

Economics; Society; Transportation (General)

Files:

TRIS, TRB

Created Date:

Oct 27 1980 12:00AM

More Articles from this Serial Issue: