Long And Short Run Economic Forecasts for Boston And Its Metropolitan Area

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In some cases, railroad 610201 76.
transportation is appropriate. In other cases, trucking, airline, or communications are appropriate. Other problems arise e ?en within a particular mode. Most obvious of these is the selection of the class of service. Thus, for example, the cost of shipping iron ore by rail would not be the same as the cost of shipping home appliances even when car-load lots are considered.
For this study, the cost of shipping a unit class 100 cargo by railroad between regions
... was used as the measure of economic distance.
This measure was used because data for measures by other modes cf trans- portation could not be obtained easily for the entire nation. From preliminary investigations > it appeared that the error incorporated in /KMrziL&^-.
the study because of the across-the-board use of this measure would not be so great as to warrant being more refined.
Another problem that emerges in determining the economic distance between regions, is the selection of the points between which the measurements are taken.


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