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Home / Journal of Transport Economics and Policy (JTEP), Volume 56, Number 4

Ports, Trade, Employment, And Local Factor Prices An Urban Equilibrium Theory

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Author: Friedt, Felix L.

Source: Journal of Transport Economics and Policy (JTEP), Volume 56, Number 4, October 2022, pp. 381-398(18)

Publisher: Journal of Transport Economics and Policy

In this study, I develop a multi-sector urban equilibrium model of port cities that allows us to consider the disaggregated employment and factor price effects of domestic and international transportation. The model resolves the theoretical ambiguity of aggregate urban equilibrium effects in response to changes in the utilisation of port infrastructure by considering the opposing industry-specific dynamics across manufacturing, transport, and service sectors. The research highlights the simultaneity between trade, transport, and the urban economy, and delivers an estimable system of equations to overcome this issue.

Document Type: Research Article

Affiliations: Macalester College, Department of Economics, 1600 Grand Avenue, Saint Paul, MN 55105

Publication date: October 1, 2022

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  • JTEP is international both in terms of authors and readership. Since it first appeared, more than 1,000 papers have been published from Europe, North America, the Pacific Rim/Australasia, Africa, Asia, and South America. This international variety is also reflected in the readership.

    Published four times a year, the journal covers all modes of transport and a wide variety of economic themes, including: Passenger Transport, Freight Transport, Shipping, Aviation, Transport Infrastructure, Environment & Energy, Traffic, Planning and Policy, Safety, Costs & Pricing, Competition, Evaluation, Productivity, Demand & Elasticities, Service Quality, Economies of Scale, Economics Regulation and Choice.

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