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Methodology for the Assessment of Spatial Economic Impacts of Transport Projects and Policies

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  • Johannes Brocker
  • d’Artis Kancs

Abstract

In this study we develop an integrated econometric and CGE modelling framework for transport projects and transport policies at the European level by integrating network, regional economic and macro-economic impacts. The paper presents the formal structure of the integrated econometric and CGE modelling framework, explains the calibration and applies it to the policy evaluation. The effects of infrastructure investments are modelled by simulating trade cost changes in a comparative static analysis, using estimates of trade cost changes due to new infrastructure links, obtained from a transport network model. By performing a systematic and quantitative analysis of the spatial, network and socio-economic impacts of transport investments and policy and carrying out scenario simulations we improve the under-standing of the impact of transportation policies on short- and long-term spatial development in the EU.

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Bibliographic Info

Paper provided by Economics and Econometrics Research Institute (EERI), Brussels in its series EERI Research Paper Series with number EERI_RP_2001_03.

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Length: 70 pages
Date of creation: 03 May 2001
Date of revision:
Handle: RePEc:eei:rpaper:eeri_rp_2001_03

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Related research

Keywords: Transport Policy; Impact analysis; Spatial CGE Model;

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References

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  1. Roger Vickerman & Klaus Spiekermann & Michael Wegener, 1999. "Accessibility and Economic Development in Europe," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 33(1), pages 1-15.
  2. Thomas Sonesson, 2001. "Inter-Urban Travel Demand Elasticities with Emphasis on Trip Generation and Destination Substitution," Journal of Transport Economics and Policy, London School of Economics and University of Bath, London School of Economics and University of Bath, vol. 35(2), pages 301-326, May.
  3. Robinson, Sherman & Cattaneo, Andrea & El-Said, Moataz, 2000. "Updating and estimating a Social Accounting Matrix using cross entropy methods," TMD discussion papers, International Food Policy Research Institute (IFPRI) 58, International Food Policy Research Institute (IFPRI).
  4. Lars Peter Hansen & James J. Heckman, 1996. "The Empirical Foundations of Calibration," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 10(1), pages 87-104, Winter.
  5. Artis Kancs, 2001. "Predicting European Enlargement Impacts: A Framework of Interregional General Equilibrium," Eastern European Economics, M.E. Sharpe, Inc., M.E. Sharpe, Inc., vol. 39(5), pages 31-63, September.
  6. Bröcker, Johannes, 1998. "Spatial effects of transeuropean networks: Preliminary results from a spatial computable general equilibrium analysis," Discussion Papers, Dresden University of Technology, Faculty of Transportation and Traffic Sciences "Friedrich List", Institute for Transport and Economics 4/98, Dresden University of Technology, Faculty of Transportation and Traffic Sciences "Friedrich List", Institute for Transport and Economics.
  7. Randall Jackson, 1998. "Regionalizing National Commodity-by-Industry Accounts," Economic Systems Research, Taylor & Francis Journals, Taylor & Francis Journals, vol. 10(3), pages 223-238.
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Citations

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Cited by:
  1. Zhenhua Chen, 2013. "Spatial Impact of Transportation Infrastructure: A Spatial Econometric CGE Approach," ERSA conference papers ersa13p241, European Regional Science Association.
  2. Laird, James J. & Nellthorp, John & Mackie, Peter J., 2005. "Network effects and total economic impact in transport appraisal," Transport Policy, Elsevier, vol. 12(6), pages 537-544, November.
  3. Knaap, Thijs & Oosterhaven, Jan, 2011. "Measuring the welfare effects of infrastructure: A simple spatial equilibrium evaluation of Dutch railway proposals," Research in Transportation Economics, Elsevier, Elsevier, vol. 31(1), pages 19-28.
  4. Christophe Heyndrickx & Olaf Koops & Olga Ivanova, 2011. "The TIGER Model: Application of detailed passenger and freight transport in a regional CGE setting," ERSA conference papers ersa11p1571, European Regional Science Association.
  5. Bröcker, Johannes, 2002. "Passenger flows in CGE models for transport project evaluation," ERSA conference papers ersa02p163, European Regional Science Association.

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