The Introduction of Dynamic Features in a RandomUtilityBased Multiregional InputOutput M.pdfVIP

The Introduction of Dynamic Features in a Random-Utility-Based Multiregional Input-Output Model of Trade, Production, and Location Choice Tian Huang Graduate Student Researcher The University of Texas at Austin 6.512. Cockrell Jr. Hall Austin, TX 78712-1076 huangtian@ and Kara M. Kockelman (Corresponding author) Associate Professor and William J. Murray Jr. Fellow Department of Civil, Architectural and Environmental Engineering The University of Texas at Austin 6.9 E. Cockrell Jr. Hall Austin, TX 78712-1076 kkockelm@ Phone: 512-471-0210 To be presented at the 2007 Annual Meeting of the Transportation Research Board, and under consideration for publication in Transportation Research Record ABSTRACT This study introduces dynamic features into the random-utility-based multiregional input-output (RUBMRIO) model. The RUBMRIO model predicts interzonal trade and travel patterns, as well as business and household location choices, using consumption and production process data. It equilibrates production and trade, labor markets and transportation networks simultaneously. Multinomial logit models predict the origins of productive inputs, including commute behaviors (for the input of labor). With household locations and expenditures/incomes relatively well known for the very near future, one can predict current trade pa