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Srl | Item |
1 |
ID:
187354
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Summary/Abstract |
This paper analyzes the economic effects of military base downsizing and closures at the regional level, considering the case of the US military Air Base located at Lajes, in Terceira Island, Azores, Portugal. A Computable General Equilibrium Model is used as a tool to examine these effects, allowing potential sector details and the identification of distributional implications. The results suggest that when no mitigation policies are undertaken, the downsizing process has a small regional effect on GDP but a greater local effect on the island. Imports, as expected, tend to decrease in the cutback scenarios and to increase when specific mitigation policies are considered. The main export gainers are the primary sectors that become more competitive due to factor price decreases. The main export losers are some industrialized products and services. The results provide support for the implementation of mitigation policies, which should be reasonable in both their intensity and focus, since there is a risk associated with these policies. Replenishing the public budget and allowing expenditures according to the current government expenditure structure tends to crowd-out private initiatives, leading to an overall long-term negative effect on the economy.
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2 |
ID:
104964
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Publication |
2011.
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Summary/Abstract |
Because a large proportion of total operating costs for transportation companies goes towards energy, a reduction in energy operating costs, brought about by an increase in fleet fuel efficiency, or an increase in operational efficiency, results in a change in the relative cost of road freight transportation. This fact could result in an increase in the demand for such services. If this is true, the result would be an increase in total fuel consumption. Consequently, that part of the energy savings obtained through the increased energy efficiency would be lost. The existence of a "Rebound Effect" is especially important in the road freight transportation sector and is crucial for the definition of a national energy policy.
In this study, data from the road freight transportation sector in Portugal for the years of 1987 through 2006 was analyzed. It was determined that an increase in energy efficiency did not cause a backfire, but did cause a total direct rebound effect of 24.1%. In addition, fleet operators were more inclined to adopt operational efficiencies than technological fuel efficiencies as a means of increasing the total operational efficiency.
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