12.01.2013 Views

Q2 Z2,(Q2) Z2(Q2) - Institute for Water Resources - U.S. Army

Q2 Z2,(Q2) Z2(Q2) - Institute for Water Resources - U.S. Army

Q2 Z2,(Q2) Z2(Q2) - Institute for Water Resources - U.S. Army

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

The reader should note several themes running throughout the<br />

entire study. One is the importance of the operating environment in<br />

which the firm operates, the waterway. This is shown to have a sig-<br />

. nificalt effect on cost and output. Second, is the multi-product<br />

. character of barge transport. This is especially evident in Chapter<br />

V, where the detailed data on cost and output make it possible to<br />

examine the problem of common costs. Finally, a third theme, is the<br />

lack of adequate output measures to describe all of the many services<br />

per<strong>for</strong>med by barge firms (and transport firms in general).<br />

27

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!