본문 내용으로 건더뛰기

모바일 대메뉴명

KDI 경제정보센터

KDI 경제정보센터의 다양한
경제정책정보를 만나 보세요.

최신자료

The Impact of Highways on Commodity Prices: The Price of Butter in Japan
JETRO 2020.03.27 원문보기
This study empirically investigates the effect of highways on retail prices of butter in Japan. We take into account the relocation of butter producers because of the development of highways. We found that highway construction increased transportation speed, but the average transportation time from the production site also increased dramatically due to the increase in transportation distance. The latter factor occurred because of the concentration of butter factories in limited regions. As a result, on average, the increase in transportation time during 1966-1980 raised the price of butter by 3.3%. While the increase in speed reduced the price by 2%, the increase in transportation distance increased it by 5.3%.
KDI 경제정보센터