A METROPOLITAN SPATIAL CGE MODEL FOR TRANSPORT PROJECT APPRAISAL

• ISHIKURA Tomoki

  首都大学東京 都市環境学部

• YOSHIKAWA Hiroshi

  国土交通省 九州地方整備局福岡空港整備推進室

Bibliographic Information

Other Title

• 大都市圏における交通整備評価のための空間的応用一般均衡モデル

Abstract

 Although spatial computable general equilibrium model is a convenient tool for transport project appraisal, the application of the model to transport improvement project in metropolitan area requires to consider agglomeration externality. The difficulty of calibration of the model due to lack of sufficient data for detailed classified region is also the issue to tackle with. This paper builds a spatial computable general equilibrium model based on Dixit-Stiglitz type monopolistic competition model, which features agglomeration effects explicitly. We also propose the procedure for the model application to multi-regional economy classified into municipality level. We firstly estimate the parameters using the trade data for multi-regional economy classified into larger-scaled region which is relatively easy to get. Pseudo Poisson Maximum Likelihood method gives more desirable estimation results than OLS approach. The estimated parameters are imported to the detailed classified multi-regional economy and the model calibration to the benchmark data for Tokyo Metropolitan Area is implemented. We then apply the model to the circular expressway project scenario, including virtual policy scenarios, and investigate the aspects of spatial distribution of benefit.

Journal

• Journal of Japan Society of Civil Engineers, Ser. D3 (Infrastructure Planning and Management)

  Journal of Japan Society of Civil Engineers, Ser. D3 (Infrastructure Planning and Management) 73 (4), 228-243, 2017

  Japan Society of Civil Engineers

Keywords

• metropolitan spatial CGE
• monopolistic competition
• fixed effect gravity model
• pseudo Poisson maximum likelihood

Details

• CRID: 1390282680332974464
• NII Article ID: 130006904082
• DOI: 10.2208/jscejipm.73.228
• ISSN: 21856540
• Web Site: https://www.jstage.jst.go.jp/article/jscejipm/73/4/73_228/_pdf
• Text Lang: ja
• Data Source:
  • JaLC
  • Crossref
  • CiNii Articles
  • KAKEN
• Abstract License Flag: Disallowed