U.S. Global Logistics and Transport A Computable General Equilibrium Model

Michael Barry

U.S. Global Logistics and Transport A Computable General Equilibrium Model

Michael P. Barry §

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§ Mount St. Marys University

U.S. Global Logistics and Transport A Computable General Equilibrium Model

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Abstract

Global logistics companies can reduce the cost of international trade and increase consumer welfare. By reducing total transportation costs and increasing production and distribution efficiencies, these companies allow both exporting and importing countries to use fewer scarce resources to meet the needs of producers and consumers. This paper will employ a computable general equilibrium (CGE) model to quantify the economic impacts of global logistics companies in United States. As a major exporter and importer of goods and services, the United States is in a position to affect the consumer welfare of people around the globe. The CGE model will measure the effect of lowering costs in transportation and logistics for trade between the United States and the world. Results show significant increases in trade and consumer welfare, and interesting shifts in production and consumption. The United States in particular would stand to benefit.

References

3 Cites in Article

Reference Format

1. Global Trade Analysis Project (GTAP) (2008). Department of Agricultural Economics, Purdue University, Website: Purdue. edu/about/consortium.asp
2. Martina Brockmier (2001). A Graphical Exposition of the GTAP Model. GTAP Technical Paper No. 8, October
3. T. Hertel,R. Keeney,M. Ivanic,L. Winters (2007). Distributional effects of WTO agricultural reforms in rich and poor countries. Economic Policy, 289-337.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Michael P. Barry. 2014. "U.S. Global Logistics and Transport A Computable General Equilibrium Model". Global Journal of Human-Social Science - H: Interdisciplinary GJHSS-H Volume 13 (GJHSS Volume 13 Issue 41 (H3)).

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GJHSS Volume 13 Issue 41 (H3)

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords

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Classification

GJHSS-H Classification JEL Code: H50

H50

C32

Submission ReceivedDecember 10, 2012
Peer Review Double Blind
Handling Editor
Accepted January 5, 2013
Published September 19, 2013

Version of record

v1.2

Issue date

September 19, 2013

Language

English

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Article Matrices

Total Score: 131

Country: United States

Subject: Global Journal of Human-Social Science - H: Interdisciplinary

Authors: Michael P. Barry (PhD/Dr. count: 0)

View Count (all-time): 391

Total Views (Real + Logic): 1041

Total Downloads (simulated): 70

Publish Date: 2013 09, Fri

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Total Views: 1K

Total Downloads: 70

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