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General equilibrium analysis of the benefits of large transportation improvements

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  • Kanemoto, Yoshitsugu
  • Mera, Koichi

Abstract

This 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 Info

Article provided by Elsevier in its journal Regional Science and Urban Economics.

Volume (Year): 15 (1985)
Issue (Month): 3 (August)
Pages: 343-363

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Handle: RePEc:eee:regeco:v:15:y:1985:i:3:p:343-363

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Cited by:
  1. Se-il Mun & Shintaro Nakagawa, 2008. "Cross-border transport infrastructure and aid policies," The Annals of Regional Science, Springer, vol. 42(2), pages 465-486, June.
  2. Melendez-Hidalgo, Jose & Rietveld, Piet & Verhoef, Erik, 2007. "On the change in surpluses equivalence: measuring benefits from transport infrastructure investments," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 36, pages 107-140.
  3. Edward Calthrop & Bruno De Borger & Stef Proost, 2008. "Cost-benefit analysis of transport investments in distorted economies," Center for Economic Studies - Discussion papers ces0818, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
  4. Kanemoto, Yoshitsugu, 2013. "Evaluating benefits of transportation in models of new economic geography," Economics of Transportation, Elsevier, vol. 2(2), pages 53-62.
  5. Yoshitsugu Kanemoto, 2012. "Second-Best Cost-Benefit Analysis in Monopolistic Competition Models of Urban Agglomeration," GRIPS Discussion Papers 11-21, National Graduate Institute for Policy Studies.
  6. Bruinsma, F. & Nijkamp, P. & Rietveld, P., 1990. "Infrastructure and metropolitan development in an international perspective : survey and methodological exploration," Serie Research Memoranda 0056, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  7. Yoshitsugu Kanemoto, 2013. "Pitfalls in estimating “wider economic benefits” of transportation projects," GRIPS Discussion Papers 13-20, National Graduate Institute for Policy Studies.
  8. Tatsuhito Kono & Hisa Morisugi & Fumi Miyahara, 2007. "Congestion deterioration and transportation project evaluation," The Annals of Regional Science, Springer, vol. 41(1), pages 145-170, March.
  9. Mun, Se-il, 1997. "Transport Network and System of Cities," Journal of Urban Economics, Elsevier, vol. 42(2), pages 205-221, September.

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