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Using a CGE Model for analyzing the Macroeconomic impact of the Grand Paris Express project on the Ile-de-France Region

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  • Hadj Salem, Haykel
  • El-Mehdi, Aboulkacem
  • Jayet, Hubert
  • David, Quentin
  • Hammadou, Hakim
  • Kilani, Moez

Abstract

This paper presents the first version of a new Computable General Equilibrium (CGE) model aiming at analyzing the expected macroeconomic impacts of a new infrastructure project, the so-called “Grand Paris Express” (GPE), on the Ile-de-France region. The GPE consists in a new high-speed circular underground train linking suburbs around Paris. We present a new Social Accounting Matrix (SAM) developed for the model. This SAM provides a detailed representation of the transportation system and includes the land markets. This first version focuses on the public transportation sector. The simulations focus on the impact of a shock in the transportation sector on the various sector of the economy of Ile-de-France. The objective of this analysis is to identify public policies that can improve the implementation of the Grand Paris Express. These policies will be related to transportation reforms itself, but also to real estate market and to the labor market.

Suggested Citation

  • Hadj Salem, Haykel & El-Mehdi, Aboulkacem & Jayet, Hubert & David, Quentin & Hammadou, Hakim & Kilani, Moez, 2016. "Using a CGE Model for analyzing the Macroeconomic impact of the Grand Paris Express project on the Ile-de-France Region," Conference papers 332675, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
  • Handle: RePEc:ags:pugtwp:332675
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