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A Transportation-Oriented Interregional Computable General Equilibrium Model of the United States

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  • Buckley, Patrick H

Abstract

Interregional computable general equilibrium (ICGE) models are useful new tools for investigating questions of spatial equity and efficiency, especially if they consider the explicit costs of movement across space. In this paper, we outline a three-region, five-sector operational ICGE model of the United States which has been calibrated from a 51 region, 124 sector public data base. This model explicitly includes transportation and wholesaling services and the costs of moving products based on origin-destination pairs. Through the use of a counter-factual scenario, the ICGE's explicit specification is compared with a well known implicit method--to observe how the predicted regional production pattern is affected. The proposed.explicit method is seen to provide a more focused description of the spatial economic impacts that result from changes in the production of transportation services.

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  • Buckley, Patrick H, 1992. "A Transportation-Oriented Interregional Computable General Equilibrium Model of the United States," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 26(4), pages 331-348, November.
    • Handle: RePEc:spr:anresc:v:26:y:1992:i:4:p:331-48
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    Cited by:

    1. Johannes Bröcker & Jean Mercenier, 2011. "General Equilibrium Models for Transportation Economics," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 2, Edward Elgar Publishing.
    2. Huang, Tian & Kockelman, Kara M., 2008. "The Introduction of Dynamic Features in a Random-Utility-Based Multiregional Input-Output Model of Trade, Production, and Location Choice," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 47(1).
    3. Gillespie, Gary & McGregor, Peter G. & Swales, J. Kim & Yin, Yan Ping, 1999. "A Computable General Equilibrium Approach to the Ex Post Evaluation of Regional Development Agency Policies," ERSA conference papers ersa99pa260, European Regional Science Association.
    4. Ghaith, Ziad & Kulshreshtha, Suren & Natcher, David & Cameron, Bobby Thomas, 2021. "Regional Computable General Equilibrium models: A review," Journal of Policy Modeling, Elsevier, vol. 43(3), pages 710-724.
    5. Lofgren, Hans & Robinson, Sheman, 2002. "Spatial-network, general-equilibrium model with a stylized application," Regional Science and Urban Economics, Elsevier, vol. 32(5), pages 651-671, September.
    6. G. Andrew Bernat, Jr. & Kenneth Hanson, 1995. "Regional Impacts Of Farm Programs: A Top-Down CGE Analysis," The Review of Regional Studies, Southern Regional Science Association, vol. 25(3), pages 331-350, Winter.
    7. Robson, Edward N. & Wijayaratna, Kasun P. & Dixit, Vinayak V., 2018. "A review of computable general equilibrium models for transport and their applications in appraisal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 116(C), pages 31-53.
    8. Edward N. Robson & Vinayak V. Dixit, 2017. "A General Equilibrium Framework for Integrated Assessment of Transport and Economic Impacts," Networks and Spatial Economics, Springer, vol. 17(3), pages 989-1013, September.
    9. Beckman, Jayson & Hertel, Thomas, 2009. "Why Previous Estimates of the Cost of Climate Mitigation Might Be Too Low," Conference papers 331860, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    10. Eduardo A. Haddad & Geoffrey J. D. Hewings & Fernando S. Perobelli & Raul A. C. dos Santos, 2010. "Regional Effects of Port Infrastructure: A Spatial CGE Application to Brazil," International Regional Science Review, , vol. 33(3), pages 239-263, July.
    11. Ishikura, Tomoki & Yoshikawa, Hiroshi & Yokoyama, Fuga, 2019. "Spatial economic impacts of ring road highway development in the Greater Tokyo Area," Conference papers 333027, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Ran Zhang & Jasmine Siu Lee Lam & Zhuo Sun, 2024. "Evaluating the impact of Northern Sea Route fuel costs on bilateral trade between China and the EU," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 26(3), pages 436-461, September.
    13. Anu Tokila & Mika Haapanen, 2012. "Evaluation of Deadweight Spending in Regional Enterprise Financing," Regional Studies, Taylor & Francis Journals, vol. 46(2), pages 185-201, May.
    14. Giesecke, James A. & Madden, John R., 2013. "Regional Computable General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, in: Peter B. Dixon & Dale Jorgenson (ed.), Handbook of Computable General Equilibrium Modeling, edition 1, volume 1, chapter 0, pages 379-475, Elsevier.
    15. Mark D. Partridge & Dan S. Rickman, 1998. "Regional Computable General Equilibrium Modeling: A Survey and Critical Appraisal," International Regional Science Review, , vol. 21(3), pages 205-248, December.
    16. Hannah Schürenberg-Frosch, 2014. "Improving Africa's Roads: Modelling Infrastructure Investment and Its Effect on Sectoral Production Behaviour," Development Policy Review, Overseas Development Institute, vol. 32(3), pages 327-353, May.
    17. Kazuhiko Ishiguro & Hajime Inamura, 2001. "Development of ocean carriers' behaviour model focusing on their 'cost and tariff' based on the spatial general equilibrium," Maritime Policy & Management, Taylor & Francis Journals, vol. 28(3), pages 251-264, July.
    18. Piskin, Metin & Hewings, Geoffrey J.D. & Hannum, Christopher M., 2020. "Synergy effects of highway investments on the Turkish economy: An application of an integrated transport network with a multiregional CGE model," Transport Policy, Elsevier, vol. 95(C), pages 78-92.
    19. Eduardo Haddad & Geoffrey J.D. Hewings, 1998. "Transportation costs, regional inequality and structural changes in the Brazilian economy: An interregional CGE approach," ERSA conference papers ersa98p426, European Regional Science Association.
    20. Plassmann, Florenz, 2005. "The advantage of avoiding the Armington assumption in multi-region models," Regional Science and Urban Economics, Elsevier, vol. 35(6), pages 777-794, November.
    21. Brad Hartman & Harvey Cutler & Martin Shields & Dave Turner, 2021. "The economic effects of improved precipitation forecasts in the United States due to better commuting decisions," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2149-2171, December.
    22. Bartlomiej Rokicki & Eduardo A. Haddad & Jonathan M. Horridge & Marcin Stępniak, 2021. "Accessibility in the regional CGE framework: the effects of major transport infrastructure investments in Poland," Transportation, Springer, vol. 48(2), pages 747-772, April.
    23. Glen Weisbrod, 2008. "Models to predict the economic development impact of transportation projects: historical experience and new applications," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(3), pages 519-543, September.
    24. World Bank, 2008. "Brazil : Evaluating the Macroeconomic and Distributional Impacts of Lowering Transportation Costs," World Bank Publications - Reports 8083, The World Bank Group.

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