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Assessing Impact Of Its On Japan'S Economy Using A Computable General Equilibrium Model

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  • Kawakami, Tetsu
  • Tiwari, Piyush
  • Doi, Masayuki

Abstract

In this paper, the authors briefly introduce progresses in implementation of Intelligent Transportation Systems (ITS) in Japan. ITS impact economy and society in many ways. Many researchers have tried to quantify the impact of ITS on the economy using econometric or operations research based methodologies. In this paper, we demonstrate the application of computable general equilibrium (CGE) model to analyze the impact of ITS on Japan's economy. The purpose of this paper is to introduce CGE models to non-specialists and to demonstrate that the CGE approach can be used for ITS impact analysis by presenting a simple example.

Suggested Citation

  • Kawakami, Tetsu & Tiwari, Piyush & Doi, Masayuki, 2004. "Assessing Impact Of Its On Japan'S Economy Using A Computable General Equilibrium Model," Research in Transportation Economics, Elsevier, vol. 8(1), pages 525-547, January.
    • Handle: RePEc:eee:retrec:v:8:y:2004:i:1:p:525-547
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    References listed on IDEAS

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    1. Lee, Hiro & Roland-Holst, David, 1999. "Cooperation or Confrontation in U.S.-Japan Trade? Some General Equilibrium Estimates," Journal of the Japanese and International Economies, Elsevier, vol. 13(2), pages 119-139, June.
    2. Sasaki, Kozo, 1996. "Consumer demand in Japan: An analysis using the Deaton-Muellbauer system," Japan and the World Economy, Elsevier, vol. 8(3), pages 335-351, September.
    3. Kanninen, Barbara J., 1996. "Intelligent transportation systems: An economic and environmental policy assessment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 30(1), pages 1-10, January.
    4. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
    5. Kenneth Train, 1980. "A Structured Logit Model of Auto Ownership and Mode Choice," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(2), pages 357-370.
    6. Thissen, Mark, 1998. "A classification of empirical CGE modelling," Research Report 99C01, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    7. Takatotshi Ito, 1996. "Japan and the Asian Economies: A 'Miracle' in Transition," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(2), pages 205-272.
    8. H. Uzawa, 1961. "Neutral Inventions and the Stability of Growth Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 28(2), pages 117-124.
    9. repec:dgr:rugsom:99c01 is not listed on IDEAS
    10. Lee, Hiro & Roland-Holst, David, 2000. "Trade and Transmission of Endogenous Growth Effects: Japanese Economic Reform as an Externality for East Asian Economies," Conference papers 330892, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
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    Cited by:

    1. Betarelli, Admir Antonio & Domingues, Edson Paulo & Hewings, Geoffrey John Dennis, 2020. "Transport policy, rail freight sector and market structure: The economic effects in Brazil," Transportation Research Part A: Policy and Practice, Elsevier, vol. 135(C), pages 1-23.

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