Our paper empirically investigates the structure of transport costs for interregional trade, by using the micro-data of freight charge. We focus on road transport, reflecting the fact that trucking has a dominant share in transporting goods between regions in many countries (in Japan, 91.2% of...

This paper presents an approach to measuring the values of time cost for freight transportation, and examines its applicability through empirical analysis. We develop the method based on the hedonic approach by explicitly formulating how transport time is determined as market outcome. In the...