Multiregional Model with Endogenous Price System for Evaluating Road Construction Projects

K Sasaki, M Shinmei and S Kunihisa
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K Sasaki: Research Center for Applied Information Sciences, Tohoku University, 1-1-2-chome, Katahira, Sendai 980, Japan

Environment and Planning A, 1987, vol. 19, issue 8, 1093-1114

Abstract: 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.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envira:v:19:y:1987:i:8:p:1093-1114

DOI: 10.1068/a191093

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