We develop a simple two country model of international trade that assumes that there is a fixed cost associated with transporting goods across national boundaries. We show that this leads to multiple equilibria that can be Pareto-ranked. One of these equilibria is autarky. We argue that the existence of fixed costs in transport can help explain the low volume of North-South trade. ∗GREQAM, Univ...

We use several different data sets to investigate the dependence of transport costs on geography and infrastructure. Poor infrastructure accounts for 40% of predicted transport costs for coastal countries and 60% for landlocked. Landlocked countries can substantially reduce their high transport costs through improvements in own and transit countries' infrastructure. Analysis of bilateral trade ...

In this study, a techno–economic model was used to calculate the costs of CO2 transport and specify the major equipment required for transport in order to demonstrate and implement CO2 sequestration in the offshore sediments of South Korea. First, three different carbon capture and storage demonstration scenarios were set up involving the use of three CO2 capture plants and one offshore storage...

BACKGROUND The physical and social environment influences access to a healthy lifestyle, of which transport is one determining factor. This paper estimates the cost of transport on the island of Ireland. METHODS Budget standards were developed on the basis of costs of baskets of core goods and services required for daily living. The transport budget was based on the needs of an urban living f...

recent years have brought a great deal of expansion to the economic systems of developing countries. although they serve as vital link of economic activities, the transportation network of these countries have not grown proportionally. since transportation investments is a a substantial portion of the national budget, a good knowledge of each mode's various characteristics is essential, wh...

We study the location-then-price game played by two firms in a circular market when consumers face non-linear transport costs. We show that for any convex transport cost function there exists a concave one such that the location-then-price games induced by these functions are strategically equivalent. Further, we provide a sufficient condition to guarantee that a similar equivalence result hold...

This paper constructs a dynamic two-regional general equilibrium model, in which the interregional production and trade patterns are endogenously determined. By embedding an endogenous growth mechanism in this approach, it becomes possible to show why and how localized growth with different regional growth rates may emerge without any locational limitations of technological spillovers and despi...

Preferences for transport activities are often considered only in terms of time and money. Whilst congestion in automobile traffic increases costs by raising trip durations, the same is less obvious in public transport (PT), especially rail-based. This has lead many economic analyses to conclude that there exists a free lunch by reducing the attractiveness of automobile transport at no (or litt...