Showing 171 - 180 of 23,066
Do 'local' methods of evaluation, such as partial equilibrium analysis at market prices or estimation of shadow prices, provide reliable assessments of a large rural roads programme's social profitability? Consider a small open economy with one city and a rural hinterland, two traded goods, two...
Persistent link: https://www.econbiz.de/10014476204
The structure employed is a small open economy, with one city and a rural hinterland, two traded goods, a transport sector, two specific factors, and mobile labour. A socially profitable programme will promote not only internal, but also external trade. Theory and numerical examples indicate...
Persistent link: https://www.econbiz.de/10014477596
tradition; the model to be presented does not exhibit catastrophic agglomeration. A symmetric first nature will always generate …
Persistent link: https://www.econbiz.de/10011527388
This paper deals with costs-benefit analysis of investment in transport infrastructure. Its contribution is twofold. Firstly, we develop a general equilibrium model to explore the impact of a small budgetary-neutral investment in transport infrastructure in a second-best setting, where other...
Persistent link: https://www.econbiz.de/10012723146
Formation of Special Economic Zone (SEZ) using agricultural land to promote industrialization has recently been one of most controversial policy issues in many developing economies including India. This paper critically theoretically evaluates the consequences of this policy in terms of a...
Persistent link: https://www.econbiz.de/10012751346
In the presence of agglomeration economies, the effects of a rural roads programme depend not only on the reduction in …, accompanied by some return migration, provided both cross-price effects in production and consumption and agglomeration economies … are sufficiently small. With empirically plausible elasticities of agglomeration economies, urban households may be worse …
Persistent link: https://www.econbiz.de/10012301822
In this paper we analyse the possible impact of Cohesion Policy 2014-2020, putting together the investments supported by EU funding in all NUTS2 regions and running a set of simulations. We make use of RHOMOLO, a spatial CGE model tailored for economic analysis at the subnational level, which is...
Persistent link: https://www.econbiz.de/10010992260
The expansion of knowledge is commonly understood as a key driver of economic growth. Yet, while knowledge production and economic growth have been extensively studied in isolation, few studies have tried to formalise the mechanism connecting the two elements from a spatial general equilibrium...
Persistent link: https://www.econbiz.de/10010938207
Formation of SEZ using agricultural land with a view to promote industrialization has recently been one of most controversial policy issues in many developing economies including India. This paper theoretically evaluates the consequences of this policy on a developing economy in terms of a...
Persistent link: https://www.econbiz.de/10014215753
The structure employed is a small open economy, with one city and a rural hinterland, two traded goods, a transport sector, two specific factors, and mobile labour. A socially profitable programme will promote not only internal, but also external trade. Theory and numerical examples indicate...
Persistent link: https://www.econbiz.de/10013549878