- NECTAR Series on Transportation and Communications Networks Research
Edited by Kenneth Button and Aura Reggiani
Chapter 4: Distance in the Existence of Political Pathologies: Rationalized Transport Policies and Trade
4. Distance in the existence of political pathologies: rationalized transport policies and trade Nihan Akyelken 4.1 INTRODUCTION The sensitivity of international trade flows to distance is often examined through freight transport costs, although the inclusion of these costs in trade analysis is relatively new. Furthermore, it is seldom sufficiently sophisticated to account for the complexities involved in policy-making either by the authorities that provide transport infrastructure and regulate the system, or trade ministries that have wider responsibilities for such things as currency systems and factor mobility. This becomes more relevant as international agreements on climate change are gaining importance and are affecting transportation, and as individual nations are required to contribute to the meeting of global emissions targets. Early economic theory explaining international trade largely ignored transport costs, which was in contrast to economic geography models that put emphasis on spatial factors that eventually affect transport costs and, with them, migration and trade-flows. Economic geography has stressed the importance of economic and distance-related factors when explaining trade preferences, and the dispersion of industrial activity by recognizing that transport costs are one of the main determinants of trade and economic growth variations. As concerns about the environment are increasingly shaping national policies, there is a growing perception that more account needs to be taken of the unanticipated longer-term effects of negative environmental externalities on transport services and trade patterns. Furthermore, transport policies do not necessarily follow a ‘rational path’. Political pathologies1 in policy-making arise as a result of the deviations from...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.