haku: @journal_id 1764 / yhteensä: 139
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| Tekijä: | Smart M. |
| Otsikko: | Transport demand and spatial equilibria |
| Lehti: | Journal of Transport Economics and Policy
2008 : MAY, VOL. 42:2 p. 323-343 |
| Asiasana: | transport costs spatial economics equilibrium analysis |
| Vapaa asiasana: | transport demand consumer and produced surplus |
| Kieli: | eng |
| Tiivistelmä: | Characteristics of transport demand are inferred from spatial equilibrium with exogenous locations. For non-trivial spatial distributions of firms and markets I derive computable expressions for elasticity of transport demand, producer surplus, and consumer surplus as a function of the mass-distance price of transport. Producer surplus is likely to have one or multiple local maxima, suggesting a disincentive for producers to minimize transport costs. Numerical simulation is used to illustrate results. A method is suggested for computing simultaneous transport and commodity market equilibria for spatially dispersed markets. |
SCIMA