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Evaluating Road Network Improvement: Economic Impacts On San-En Region In Japan

Author

Listed:
  • Yasuhiro Hirobata

    (Graduate School of Architecture and Civil Engineering, Toyohashi University of Technology)

  • Yuzuru Miyata

    (Graduate School of Architecture and Civil Engineering, Toyohashi University of Technology)

  • Hiroyuki Shibusawa

    (Graduate School of Architecture and Civil Engineering, Toyohashi University of Technology)

Abstract

Japan’s economy is entering a new phase of economic growth after the so-called “lost 15 years” since 1990. Particularly Tokyo and Aichi prefectures have been drawing attention as engine of new economic growth in Japan. Although the recovery of Japan’s economy has resulted in an increase in the demand for transportation, construction of new roads in regionwide areas has been in a serious situation. It is attributed to a decreasing trend in Japan’s population and aging which will cause Japan’s national budget being reduced in the future. Due to this situation, stricter economic assessment of new roads development in region-wide areas has particularly been required than before. Taking into account these backgrounds, this article aims to present a model integrating the equilibrium concepts of economic and transport network. Moreover this model will be able to be extended into a full spatial equilibrium model. And then setting San-En region in Aichi and Shizuoka prefectures as a study area which consists of many urban and countryside areas, this study also aims to measure the economic impacts of construction of new roads development in this region.

Suggested Citation

  • Yasuhiro Hirobata & Yuzuru Miyata & Hiroyuki Shibusawa, 2011. "Evaluating Road Network Improvement: Economic Impacts On San-En Region In Japan," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(2), pages 61-75, December.
    • Handle: RePEc:hrs:journl:v:iii:y:2011:i:2:p:61-75
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    File URL: http://www.rsijournal.eu/ARTICLES/December_2011/RSI_J_Dec_2011.pdf
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    References listed on IDEAS

    as
    1. D. Furceri & G. Karras, 2008. "Business-cycle synchronization in the EMU," Applied Economics, Taylor & Francis Journals, vol. 40(12), pages 1491-1501.
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    More about this item

    Keywords

    computable urban economic model; transportation forecasting model; location model;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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