IDEAS home Printed from https://ideas.repec.org/a/tpe/jtecpo/v48y2014i1p53-63.html
   My bibliography  Save this article

Industrial Reorganisation Benefits Revisited

Author

Listed:
  • Harald Minken

Abstract

Transport improvements can give rise to industrial reorganisation benefits. When a monopoly owns all firms and bears the transport costs, these benefits are all captured in a transport cost-benefit analysis (CBA). In the free market case, industrial reorganisation benefits are proportionally larger and can no longer be captured by a transport CBA. We show that the free market has too many firms and too little transport, and is economically inefficient. Preferably, we should eliminate the inefficiency rather than counteract it with transport infrastructure building. A uniform price of the commodity at all locations might do the trick. © 2014 LSE and the University of Bath

Suggested Citation

  • Harald Minken, 2014. "Industrial Reorganisation Benefits Revisited," Journal of Transport Economics and Policy, University of Bath, vol. 48(1), pages 53-63, January.
    • Handle: RePEc:tpe:jtecpo:v:48:y:2014:i:1:p:53-63
    as

    Download full text from publisher

    File URL: http://www.catchword.com/cgi-bin/cgi?ini=bc&body=linker&reqidx=0022-5258(20140101)48:1L.53;1-
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpe:jtecpo:v:48:y:2014:i:1:p:53-63. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: http://www.bath.ac.uk/e-journals/jtep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.