Competitiveness and Macroeconomic Impacts of Reduced Wait Times at U.S. Land Freight Border Crossings
Misak Avetisyan,
Nathaniel Heatwole,
Adam Rose and
Bryan Roberts
No 332435, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project
Abstract:
We analyze the macroeconomic and trade impacts of reducing wait times by adding inspection staff at each of the twelve major land freight crossings of the U.S. The change in wait time stemming from staffing changes is first estimated on the basis of primary data and then translated into changes in freight costs through a logistical model. The transportation cost changes are then fed into a multi-country computable general equilibrium model. We find that adding one inspection agent at each land border crossing would, on average per crossing, generate an increase in U.S. GDP of $250 thousand and 2.55 additional jobs.
Keywords: Public Economics; International Relations/Trade (search for similar items in EconPapers)
Pages: 31
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:332435
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