By Andrew F. Daughety
First released in 1985 and strongly quantitative in flavour, Analytical reports in delivery Economics provides paintings that was once on the frontier of study within the box of delivery economics. Written through many of the major students during this box, it covers intercity freight and air passenger delivery. The 8 papers integrated disguise various modelling methods and tackle quite a few delivery concerns. they're all, notwithstanding, interested by the research of present concerns - questions of productiveness, optimum pricing and rules, prediction of equilibrium, and the issues of pageant. the gathering is preceded by means of a useful advent and assessment by means of the editor. supplied to put the amount in context, this evaluate offers a short overview of the correct literature after which endeavours to provide the typical effects and findings which minimize around the person papers or techniques.
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Extra resources for Analytical Studies in Transport Economics
Productivity Growth, Scale Economies, and Capacity Utilization in U . S . Railroads, 1955-74. " American Economic Review, 7 1 , no. 5, December: 994- 1 002. Das, C. ( 1974). "Choice of Transport Service: An Inventory Theoretic Approach . " Logistics and Transportation Review, 10, no. 2; 1 8 1 -87. Daughety, A. F. ( 1 979). "Freight Transport Demand Revisited: A Microeconomic View of Multimodal, Multicharacteristic Service Uncertainty and the Demand for Freight Trans port. " Transportation Research, l 3B , no.
Because 10 Trucking firms typically subcontract out a portion of their truckload operations to owner operators, whom they utilize to even out their traffic flows. For a full discussion of these activities, see Wyckoff and Maister ( 1977). 1 1 The general form of the index used to aggregate input prices is given by W; = _L S;j Wij , j where w; = index of input price i, S;j = expenditure share of subcategory j of input type i, and wij = price of subcategory j of input type i. For a full discussion of the construction of the input price, see Wang Chiang (198 1 ) .
This suggests that a modified version of the Stevenson model would be useful, which would permit explicit hypoth esis tests concerning the extent to which augmentation of inputs, output, or operating characteristics can account for productivity growth. This can be done by specifying a model in which each of these variables is assumed to be augmented over time and then using nested hypothesis tests to determine which form of augmentation appears to be dominant. We thus modify the preceding model and specify costs as (7) C = C(m;t,
Analytical Studies in Transport Economics by Andrew F. Daughety