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Does Transportation Infrastructure Technology Evolution Improve Producer Surplus?

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DOI: 10.23977/jsoce.2022.040120 | Downloads: 7 | Views: 785

Author(s)

Zhong Li 1, Fengxia Wang 1

Affiliation(s)

1 Jiangsu Maritime Institute, Nanjing, 211199, China

Corresponding Author

Zhong Li

ABSTRACT

This paper introduces the variable of transportation infrastructure technology evolution on the basis of existing research. It is found that the technology evolution accelerates the knowledge spillover between regions, and the spillover effect reduces the variable cost of technology in backward regions, leads to the transfer of technology services from developed regions to backward regions, and increases the profit of technology services in backward regions. In addition, the knowledge stock of developed regions, the degree of inter-regional technology correlation, and the technology absorption capacity of underdeveloped regions are the important factors affecting the relative accessibility and knowledge spillover.

KEYWORDS

Transportation infrastructure, Technological evolution, Producer surplus

CITE THIS PAPER

Zhong Li, Fengxia Wang, Does Transportation Infrastructure Technology Evolution Improve Producer Surplus?. Journal of Sociology and Ethnology (2022) Vol. 4: 101-103. DOI: http://dx.doi.org/10.23977/jsoce.2022.040120.

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