Transportation decisions of shippers are crucial for policy formulation in ports and shipping lines. Shippers' port selection, for export or import cargo, depends on the location of the shipper; preferences for shipping line services; and facilities offered by ports. In this paper, we model the...

The joint distribution of c kinds of success runs in a sequence of (c + 1)-state trials is given by the finite Markov chain method proposed by Fu and Koutras (1994) and Fu (1996).

In this paper, the authors briefly introduce progresses in implementation of Intelligent Transportation Systems (ITS) in Japan. ITS impact economy and society in many ways. Many researchers have tried to quantify the impact of ITS on the economy using econometric or operations research based...

This paper specifically models rigidities in the labor market in China and analyzes the effect of labor market liberalization on economic growth using a computable general equilibrium (CGE) model. Our results indicate that labor market reforms are essential to the realization of significant...

In this paper we investigate the potential system-wide impact of information technology on the Japanese economy using a static computable general equilibrium model with base case calibrated for the year 1995. The information technology has two potential impacts: (1) it enhances the labour...

Foreign investment by means of equity participation of foreign firms in local firms contributes to local industrial development through transfer of technology and through leveraging capital requirements. During the last two decades the nature of foreign equity participation in firms and the...

Applying the lag-augmented vector autoregression approach developed by Toda and Yamamoto (1995), we analyse the causal relationships among GDP, private capital, transport user cost, and port capital in Japan, and investigates the dynamic and accumulated effects of port capital formation on other...