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Regional economic impacts of large projects: a general equilibrium application to cross-border infrastructure

Warr, Peter; Menon, Jayant; Yusuf, Arief A


A general equilibrium framework is used to study the regional economic effects of infrastructure improvements designed to reduce the costs of interregional trade. The results suggest that in the short run the kind of transport cost reductions consistent with improvement of inter-regional transport facilities will produce a modest increase in inter-regional trade volumes in both directions. This coincides with a small increase in real consumption in both regions and correspondingly small...[Show more]

CollectionsANU Research Publications
Date published: 2010
Type: Journal article
Source: Asian Development Review: Studies of Asian and Pacific Economic Issues


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