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Economic Appraisal for Multiregional Impacts by a Large-scale Expressway Project

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  • Toshihiko Miyagi

    (Gifu University, Japan)

Abstract

The paper describes the development of a spatial computable general equilibrium(SCGE) model aimed atestimating the indirect economic effects arising from a large scale of transportproject (Tokai-HokurikuExpressway) in the Chubu (meaning central) region in Japan. We have adopted ajoint parameter estimation ofcalibration technique, statistical estimation and literature quotation forestimating the Japanese inter-regionalaccount consisting of nine major regions with the national account being thebenchmark equilibrium data. We haveobtained highly compatible estimates with the surveyed interregional accounts inthe application of the SCGEmodel. Modal split function in freight transport is also developed which can beimportant factor in the evaluation ofeconomic effects in transport projects.The paper reports that economic effects of the project extended over wholecountry through the so-calledmultiplier effects of the economy, which could not be measured by thetraditional method.

Suggested Citation

  • Toshihiko Miyagi, 2001. "Economic Appraisal for Multiregional Impacts by a Large-scale Expressway Project," Tinbergen Institute Discussion Papers 01-066/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20010066
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    Cited by:

    1. Vickerman, Roger, 2008. "Transit investment and economic development," Research in Transportation Economics, Elsevier, vol. 23(1), pages 107-115, January.
    2. 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.
    3. Eduardo Amaral Haddad & Fernando Salgueiro Perobelli & Edson Paulo Domingues & Mauricio Aguiar, 2011. "Assessing the ex ante economic impacts of transportation infrastructure policies in Brazil," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 3(1), pages 44-61.
    4. 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.

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