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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Published in | Environment and planning. A Vol. 19; no. 8; pp. 1093 - 1114 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
Pion Ltd, London
01.08.1987
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Series | Environment and Planning A |
Online Access | Get more information |
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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. |
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ISSN: | 0308-518X 1472-3409 |
DOI: | 10.1068/a191093 |