ON THE RELATION BETWEEN USERS' BENEFITS AND THE ECONOMIC EFFECTS OF TRANSPORTATION ACTIVITIES

ABSTRACT. The addition of output variation benefits to the users' surplus generated by transportation improvements has been subject to debate, and no agreement has been reached. In this paper, the problem is restated at the level of the origins of transportation demand, which can be derived from the information provided by the economic activity. It is shown that a competitive productive environment makes the transportation consumers' surplus exactly equal to the net economic benefits provoked in the products' markets; however, when monopolistic production prevails, the users' surplus may not reflect the benefits to the economy with accuracy. Mixed conditions are also explored and the role of final products' demand elasticity is highlighted. Different styles of welfare analysis are recommended for different market conditions.     

HIGH-TECHNOLOGY JOBS AND WORKER MOBILITY*

ABSTRACT. The premise of this paper is that one can discover much about the location determinants of high-technology industry by examining the location (migration) decision of workers with high-technology occupations. A model of the high-technology worker migration decision is developed that permits estimation of worker response to both personal and area characteristics, the latter chosen to mirror location factors often cited by high-technology firms as important for both the attraction and retention of their specialized work force. Logit estimates of this model between 1975 and 1980 are presented. The paper is concluded with a discussion of policy implications.