Abstract
In this research, we propose a partial equilibrium model that can measure the economic benefit of port development in Japan, and estimate the parameters of the demand and supply function concerning the long-distance container transportation market (i.e. North America Pacific Coast route, North America East Coast route and European route) which arrive at and depart from Japan. Then we evaluate the effectiveness of the investment for port development up to now with this model. As a result, we would conclude that port development in Japan has been effective in general. We also examine spatial incidence or distribution of economic benefits measured by the above-mentioned partial equilibrium model with simplified international Spatial Computable General Equilibrium (SCGE) model, including international induced effects. The results also show that port development in Japan can bring a certain degree of benefit to any regions in the world through the trades.
