type="main" <title type="main">ABSTRACT</title> <p>This paper studies the endogenous choice of transport technology, “traditional” versus “modern,” by a shipper. Although the “modern” technology is characterized by higher fixed costs and a higher speed of transport, it is chosen for intermediate distances, rather...</p>

This timely book investigates the challenges that emerge for local economies when faced with the new globalization trends that characterize today’s world economy.