Multiregional model with endogenous price system for evaluating road construction projects

In this study, the intention is to build a nationwide multiregional economic model for evaluating the impacts of road construction projects, and to test the performance of such a model on the basis of the actual data. Special emphasis is put on capturing the effects of improvement in the transportat...

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Bibliographic Details
Published inEnvironment and planning. A Vol. 19; no. 8; pp. 1093 - 1114
Main Authors Sasaki, K, Kunihisa, S, Shinmei, M
Format Journal Article
LanguageEnglish
Published Pion Ltd, London 01.08.1987
SeriesEnvironment and Planning A
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Summary:In this study, the intention is to build a nationwide multiregional economic model for evaluating the impacts of road construction projects, and to test the performance of such a model on the basis of the actual data. Special emphasis is put on capturing the effects of improvement in the transportation system via the decrease in prices owing to a reduction in transport costs. The model in this study, therefore, is equipped with the mechanism for tracing the effects of road construction projects on prices, which is a distinguishing feature compared with models thus far.
ISSN:0308-518X
1472-3409
DOI:10.1068/a191093