On modeling transport costs
Martínez Giralt, Xavier (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica)
Usategui Diaz de Otalora, J. Mª (Universidad del País Vasco)
Centre de Referència en Economia Analítica

Publicación:	Centre de Referencia en Economia Analítica, 2006
Descripción:	24 p.
Resumen:	The interpretation of the loss of utility as transport costs in address models of differentiation poses a methodological difficulty. Transport costs implicitely amounts to assume that there is a good neither included in the differentiated sector nor in the composite (numeraire) good of the economy. We propose to use iceberg-type transport costs to solve this difficulty.
Derechos:	Tots els drets reservats.
Lengua:	Anglès
Colección:	Barcelona economics working papers series; 277
Documento:	Working paper
Materia:	Transports ; Aspectes econòmics ; Spatial competition ; Iceberg transport costs ; Monopoly

24 p, 380.2 KB

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Documentos de investigación > Working papers