Sasaki K, Shinmei M, Kunihisa S, 1987, "Multiregional model with endogenous price system for evaluating road construction projects" Environment and Planning A 19(8) 1093 – 1114
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Multiregional model with endogenous price system for evaluating road construction projects
K Sasaki, M Shinmei, S Kunihisa
Received 21 October 1986
Abstract. In this study, the intention is to build a nationwide multiregional economic model for evaluating the impacts of road construction projects, and to test the performance of such a model on the basis of the actual data. Special emphasis is put on capturing the effects of improvement in the transportation system via the decrease in prices owing to a reduction in transport costs. The model in this study, therefore, is equipped with the mechanism for tracing the effects of road construction projects on prices, which is a distinguishing feature compared with models thus far.
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