Assessment of the Economic Impacts of Reducing Transportation Costs Based on DSGE Modeling

D. N. Shul’ts and P. A. Lavrinenko ()
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D. N. Shul’ts: Infrastructure Economics Centre
P. A. Lavrinenko: Institute of Economic Forecasting, Russian Academy of Sciences

Studies on Russian Economic Development, 2020, vol. 31, issue 5, 549-558

Abstract: Abstract— The article describes the application of the DSGE1-modeling to assess the impacts of transportation investment projects. A decrease in total transportation costs is used as a criterion by which the impact is estimated. They include both direct monetary costs (tariffs) and indirect costs estimated over time.

Keywords: DSGE models; transportation infrastructure; socioeconomic impacts; agglomeration impacts; transportation costs; indirect impacts; travel time savings (search for similar items in EconPapers)
Date: 2020
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DOI: 10.1134/S1075700720050160

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