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This study introduces a new method called Spatial Econometric Computable General Equilibrium (SECGE) model, which integrates both spatial econometrics with computable general equilibrium modeling to improve the effectiveness of impact analysis on transportation infrastructure. Elasticities of...
Persistent link: https://www.econbiz.de/10013064238
We investigate the relationship between interstate highways and highway vehicle kilometers traveled (VKT) in US cities. We find that VKT increases proportionately to highways and identify three important sources for this extra VKT: an increase in driving by current residents; an increase in...
Persistent link: https://www.econbiz.de/10013150839
With the implementation of the Belt and Road Initiative (BRI) in the People's Republic of China (PRC), the Trans-Caspian International Transport Route (TITR) has received increasing attention. The corridor connects the PRC and Europe via Central Asian countries. Hence, it plays an important role...
Persistent link: https://www.econbiz.de/10012604695
Impact assessment of transportation investment policy is a challenging task as assessment outcome is sensitive to various attributes such as methodology, time period, scale and location of analysis. This study is conducted to evaluate regional impact of public transportation infrastructure in...
Persistent link: https://www.econbiz.de/10013061724
We investigate the relationship between interstate highways and highway vehicle kilometers traveled (VKT) in US cities. We find that VKT increases proportionately to highways and identify three important sources for this extra VKT: an increase in driving by current residents; an increase in...
Persistent link: https://www.econbiz.de/10012463274
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