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A transportation-oriented interregional computable general equilibrium model of the United States

The Annals of Regional Science volume 26, pages 331–348 (1992)Cite this article

Abstract

Interregional computable general equilibrium (ICGE) models are useful new tools for investigating questions of spatial equity and efficiency, especially if they consider the explicit costs of movement across space. In this paper, we outline a three-region, five-sector operational ICGE model of the United States which has been calibrated from a 51 region, 124 sector public data base. This model explicitly includes transportation and wholesaling services and the costs of moving products based on origin-destination pairs. Through the use of a counterfactual scenario, the ICGE's explicit specification is compared with a well known implicit method — to observe how the predicted regional production pattern is affected. The proposed explicit method is seen to provide a more focused description of the spatial economic impacts that result from changes in the production of transportation services.

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Authors and Affiliations

  1. Geography Department, Western Washington University, 98225, Bellingham, WA, USA

    Patrick H. Buckley

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  1. Patrick H. Buckley
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Buckley, P.H. A transportation-oriented interregional computable general equilibrium model of the United States. Ann Reg Sci 26, 331–348 (1992). https://doi.org/10.1007/BF01581865

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  • DOI: https://doi.org/10.1007/BF01581865

Keywords

  • Data Base
  • Economic Impact
  • Environmental Economic
  • Equilibrium Model
  • General Equilibrium