General equilibrium analysis of the benefits of large transportation improvements
AbstractThis paper examines three benefit measures of a large transportation improvement in a general equilibrium framework. Three issues are analyzed. The first is whether the measures can be reduced to the area to the left of a suitably defined transportation demand curve. Second, the measures are expressed as functions of price and income elasticities which can be estimated empirically. Third, the general and partial measures are compared.
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Bibliographic InfoArticle provided by Elsevier in its journal Regional Science and Urban Economics.
Volume (Year): 15 (1985)
Issue (Month): 3 (August)
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Other versions of this item:
- Yoshitsugu Kanemoto & Koichi Mera, 1984. "General Equilibrium Analysis of the Benefits of Large Transportation Improvements," Working Papers 567, Queen's University, Department of Economics.
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