Based on our study on the economic impact of the Port of Seville on the economy of Seville province (2000), in this paper we link its results to a System Dynamics model. This model simulates the decision-making process of vessels carrying merchandise whose final destination is the province of Seville, and which must choose to berth at either the Port of Seville or some other competing port. To this end, a forecast is obtained for Port of Seville traffic, highlighting how public investment influences this entrance decision via improvements in Port of Seville infrastructure and thereby a reduction in its relative costs.
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Find related papers by JEL classification: C60 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - General R15 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods R4 - Urban, Rural, and Regional Economics - - Transportation Systems
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