Tag: R11

A NOTE ON LOCAL PUBLIC GOOD INDUCED SPILLOVERS BETWEEN A LEADING AND A LAGGING REGION

Amitrajeet A. BATABYAL

Department of Economics, Rochester Institute of Technology, 92 Lomb Memorial Drive, Rochester, NY 14623-5604, USA.

aabgsh@rit.edu

Abstract

We analyze spatial spillovers in an aggregate economy consisting of a leading and a lagging region where the spillovers stem from the provision of a local public good. Specifically, if the leading region provides the public good then the lagging region obtains some spillover benefits and vice versa. We first solve for the Nash equilibrium levels of the local public goods in the two regions when public investment decisions are simultaneous; next, we determine the equilibrium welfare levels in each region. Second, on the assumption that the public investment decisions are centralized, we compute the levels of the local public goods that maximize aggregate welfare. Finally, we describe an interregional transfer scheme that leads each region to choose non-cooperatively in a Nash equilibrium the same public investment levels as those that arise when aggregate welfare is maximized.

Keywords: Lagging Region, Leading Region, Local Public Good, Spatial Spillover

JEL classification: R11, O18

read more

REGIONAL ECONOMIC DISPARITIES IN EASTERN INDONESIA AND DETERMINANTS: COMPARATIVE ANALYSIS OF ORIGIN DISTRICT AND NEW DISTRICT

Jihad LUKIS PANJAWA

Magister Dept. Of Economics and Development Studies, Graduate School, University of Sebelas Maret (UNS), Indonesia

jihadpanjawa@gmail.com

Bhimo RIZKY SAMUDRO

Dept. Of Economy Development, University of Sebelas Maret (UNS), Indonesia

bhimosamudro@staff.uns.ac.id

Albertus MAQNUS SOESILO

Dept. Of Economy Development, University of Sebelas Maret (UNS), Indonesia

albertussoesilo@staff.uns.ac.id

Abstract

The objective of this research is to know specifically the difference of regional economic disparity and expansion in districts / cities in eastern Indonesia, as well as determinant of disparity base on development indicators covering economic growth, decentralization policy and quality of human resources. This is a quantitative study using econometric methodology. In this methodology, regression with the dummy variable is used to estimate the data. The results showed differences between origin district and new district, where new district showed higher disparities than origin district. Thus, according to Myrdall Theory, regional economic development disparities are caused by larger backwash effects than spread effects occur in Eastern Indonesia. Another important contribution is that fiscal decentralization plays an important role in reducing regional income disparities in new district, while economic growth and human development index have no significant effect on disparities. In the origin district shows different impacts related to fiscal decentralization in which the policy has a significant positive effect on the disparity, while the human development index has a significant negative effect and economic growth has no significant effect on the disparity.

Keywords: Regional Disparity, Development Indicator, Regional Status

JEL classification: P25, R11
read more

EFFICIENCY MEASUREMENT OF 6 MAJOR CONTAINER PORTS IN THE WEST AFRICA REGION

G. KONSTANTINIDIS

M.Sc. University of Piraeus

giannkonstant@gmail.com

T. PELAGIDIS

Professor, University of Piraeus & NR Senior Fellow, Brookings Institution, US. 21, Lambraki Ave., GR-18533

pelagidi@unipi.gr.

Abstract

Container terminal efficiency is a critical factor in the contemporary global trade. We apply the DEA and SFA methods to evaluate efficiency of 6 major ports in the West Africa region to investigate whether these ports can become the main hubs of container transport to African inland in the future. The DEA and SFA methods were applied to a number of inputs such as total quay length; total terminal area, number of quayside cranes, number of gantry cranes and number of reach stackers and single output, to measure efficiency.

Keywords: Transportation Economics, Ports, Efficiency, Sea Trade

JEL classification: R41, R11
read more