Financing road infrastructure by savings in congestion costs: A CGE analysis

Conrad, Klaus; Heng, Stefan

doi:10.1007/s001680100063

Cited by 32 publications

(10 citation statements)

References 7 publications

(2 reference statements)

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“…The results reveal that, with multiplier effects, the KAP, EXP, and TFP account for 53 percent, 23 percent, and 24 percent, respectively, of total growth in the economy. These results support the findings of Coulson (1999), Carlino, Defina, and Sill (2001), and Chang and Coulson (2001), who found that local sectors dominate growth in many regions in the U.S.…”

Section: Setting Up the Simulations And Main Resultssupporting

confidence: 90%

“…They find that FDI does impact economic growth, but also increases the level of pollution. Finally, Coulson (1999), Carlino, Defina, and Sill (2001), and Chang and Coulson (2001) estimate the relative importance of export and local sectors. Using regional U.S. data for different combinations of cities and states, they determined that local sectors accounted for a larger percentage of economic growth than the export sectors.…”

Section: Perspectives On Economic Growthmentioning

confidence: 99%

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Understanding the Unique Impacts of Economic Growth Variables*

Burnett¹,

Cutler²,

Davies³

2012

Journal of Regional Science

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The paper uses a computable general equilibrium (CGE) model for a small city to examine how expansions in export and local sectors, changes in total factor productivity (TFP), and growth in population impact an economy. We examine the effects of each source of growth and find that the level and distribution of economic activity vary considerably. We also evaluate each source of growth in the context of a variety of policy metrics, which provide guidelines to policy makers, including the types of firms to be recruited in specific regions. *We would like to thank three referees and the editor of this journal for many insightful comments at various stages of this paper. All remaining errors are the responsibility of the authors.

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Section: Setting Up the Simulations And Main Resultssupporting

confidence: 90%

Section: Perspectives On Economic Growthmentioning

confidence: 99%

Understanding the Unique Impacts of Economic Growth Variables*

Burnett¹,

Cutler²,

Davies³

2012

Journal of Regional Science

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“…The expenditure on water transport by all the three users increases with significant decline in prices. This proves the argument made by Down that better infrastructure provision generate additional demand [Conrad and Heng (2006)]. Though this statement is made for land transport, but this can be applied to other mode of transportations.…”

Section: Simulation 2: Tax Financed Public Investment In Transport Insupporting

confidence: 62%

Quantifying the Impact of Development of the Transport Sector in Pakistan

Siddiqui¹

2024

pdr

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An efficient transport system is not only a pre-requisite for economic development but is also important to achieve the objective of economic integration in the world economy. Insufficient transport infrastructure results in congestion, delay delivery time, fuel waste, pollution and accident1 which built inefficiencies in the economy and costs the economy 4 to 6 percent of GDP each year [Shah (2006)and World Bank (2007)], which can be saved by investing in transport services. Realising its importance, the government of Pakistan has initiated National Trade Corridor Improvement Programme (NTCIP) in 2005 to improve logistic and transport infrastructure so that it can fulfill the demand of economy more efficiently. This five years programme includes all sectors that improve performance of corridor-high way namely, road transport, railways, airports, and ships etc. The objective of the programme is to reduce the cost of doing business and improve quality of services. The study quantifies the efficiency of transport sector by evaluating the impact of public investment to improve transport services on the economy in general and on cost of land transportation in particular; i.e., cost of freight and passenger movement and cost of externalities such as congestion, air pollution and accident. The outcome of the study depends on how improved facility is achieved, i.e., who bears the cost and who benefits etc. This paper assumes tax financed public investment that not only change domestic price and demand, but also welfare and poverty. The issue is analysed in computable general equilibrium framework taking into account inter linkages of transport sector with rest of the economy. First, a social accounting matrix (SAM) is developed with a detailed transport module. Then, a dynamic CGE model is developed around this SAM and simulations are conducted for short run and long run analysis of public investment in trans port sector.

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“…La literatura sobre cge regionales es diversa en temáticas, pero menos abundante 1 . Algunas investigaciones recientes son las de Julia-Wise, Cooke y Holland (2002), que analizan los impuestos a la propiedad en el estado de Idaho; Miguel-Vélez, Cardenete y pérez- Mayo (2009), que estudian un aumento de los impuestos a los combustibles; Rickman y Snead (2007), quienes examinan los efectos en el crecimiento y la equidad de subsidios al servicio formal de cuidado de niños para familias de bajos ingresos; Liu (2006), que se refiere a la repercusión económica de construir un parque científico industrial en la región sureste de Taiwán; Conrad y Heng (2002), que aluden al papel de la infraestructura pública en el crecimiento regional; Seung y otros (2000), quienes evalúan la repercusión El autor agradece al Fondo Nacional de Desarrollo Científico y Tecnológico (fondecyt: proyecto de Iniciación 11110007) por el financiamiento otorgado a esta investigación. 1 para una revisión exhaustiva de las aplicaciones, véanse partridge y Rickman (1998); Rodríguez (2007) y partridge y Rickman (2010).…”

Section: Introductionunclassified

Chile: Elaboración de un modelo de equilibrio general computable y su aplicación a la región del Bío Bío

Mardones

2012

Revista De La CEPAL

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Financing road infrastructure by savings in congestion costs: A CGE analysis

Cited by 32 publications

References 7 publications

Understanding the Unique Impacts of Economic Growth Variables*

Understanding the Unique Impacts of Economic Growth Variables*

Quantifying the Impact of Development of the Transport Sector in Pakistan

Chile: Elaboración de un modelo de equilibrio general computable y su aplicación a la región del Bío Bío

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