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The economic implication of rising transport cost for a small open economy: a case study of Hawaii's vegetable sector

机译:运输成本上升对小型开放经济体的经济影响:以夏威夷蔬菜部门为例

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摘要

In this paper, we modified the two-region trade model developed by Dunn et al. (Agribusiness 3(4):393-402, 1987) for a small, open economy by incorporating the effect of transport cost on production cost. We then used the model to investigate the welfare impacts of rising transport cost in terms of consumer and producer surpluses, using the vegetable sector in Hawaii as a case study. We showed that the two key parameters affecting the adjustments in Hawaii's vegetable sector in response to the change of transport cost and the subsequent welfare impact are the transport cost content of the imported product and the local farm share of retail price. Using the import statistics of 10 major vegetable crops in 2006-2007, we found that every 1% increase in transport cost is expected to enhance the self-sufficiency of Hawaii's vegetable sector by approximately 0.5%, but at a cost of $0.27 million surplus loss.
机译:在本文中,我们修改了Dunn等人开发的两区域贸易模型。 (Agribusiness 3(4):393-402,1987),其方法是将运输成本对生产成本的影响纳入开放的小规模经济。然后,我们使用该模型以夏威夷的蔬菜部门为例,研究了消费者和生产者剩余方面运输成本上升带来的福利影响。我们发现,影响夏威夷蔬菜行业适应运输成本变化的调整的两个关键参数以及随后对福利的影响是进口产品的运输成本含量和当地农产品零售价格份额。使用2006-2007年10种主要蔬菜作物的进口统计数据,我们发现运输成本每增加1%,预计将使夏威夷蔬菜行业的自给率提高约0.5%,但会造成27万美元的顺差亏损。

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  • 来源
    《The Annals of regional science》 |2012年第3期|p.855-875|共21页
  • 作者

    Run Yu; Ping Sun Leung;

  • 作者单位

    School of Economics, Ocean University of China, 5 Yushan Road, Qingdao 266003, China Department of Natural Resources and Environmental Management, University of Hawaii at Manoa,3050 Maile Way, Gilmore 109, Honolulu, HI 96822, USA;

    Department of Natural Resources and Environmental Management, University of Hawaii at Manoa,3050 Maile Way, Gilmore 109, Honolulu, HI 96822, USA;

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