General Equilibrium Analysis of the Benefits of Large Transportation Improvements

This paper examines three benefit measures of a large transportation improvement in a general equilibrium framework. Three issues are analyzed. The first is whether the measures can be reduced to the area to the left of a suitably defined transportation demand curve. Second, the measures are expressed as functions of price and income elasticities which can be estimated empirically. Third, the general and partial measures are compared.

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Year of publication:	1984
Authors:	Kanemoto, Yoshitsugu ; Mera, Koichi
Institutions:	Economics Department, Queen's University

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	38 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005688610