TRADE IN COMMODITIES AND TRANSPORTATION SERVICES

A two-country, three-commodity three-factor trade model is set out. One commodity is the output of transportation services. These services are tradable, produced with a production function distinct from those used by the other two (final) commodities between countries. Stolper-Samuelson relations on the changes of world commodity prices are set out. The Kuhn-MacKinnon fixed point algorithm is used to numerically solve the two-country model for purposes of illustration. Transportation subsidies are introduced and the example is resolved. The welfare costs of the subsidies are measured.

• Corporate Authors:

  Canadian Institute of Guided Ground Transport

  Queen's University
  Kingston, Ontario K7L 3N6,   Canada 
• Authors:
  • Hartwick, J M
• Publication Date: 1975

Media Info

• Features: Figures; References; Tables;
• Pagination: 25 p.

Subject/Index Terms

• TRT Terms: Commodities; Economic analysis; Freight traffic; International trade; Mathematical models; Policy; Rates; Socioeconomic factors; Statistics; Subsidies; Transportation policy
• Uncontrolled Terms: Freight rates
• Geographic Terms: Canada; United States
• Old TRIS Terms: Commodity statistics; Government policies; National transportation policies
• Subject Areas: Data and Information Technology; Economics; Freight Transportation; Policy; Railroads; Society;

Filing Info

• Accession Number: 00141129
• Record Type: Publication
• Source Agency: Canadian Institute of Guided Ground Transport
• Report/Paper Numbers: No. 75-8
• Files: TRIS
• Created Date: Oct 26 1976 12:00AM