DeSalvo, Joseph S.; Fuller, Debra L. - In: The Review of Regional Studies 25 (1995) 1, pp. 13-35
The standard approach to estimating the economic impact of a port overestimates the port's direct impacts on exports and imports. The overestimates result because all export and import activity in the impact area is assumed to fall to zero in the absence of the port. We argue that this...