SCGE model for passenger transport improvement

Abstract

The spatial computable general equilibrium (SCGE) models which are the extended CGE model, have been applied in order to estimate the spatial and economic impacts of transport policies. However, these model are developed for only freight transport improvement. Because, theoretical background of these models is based on spatial price equilibrium theory. So, the purpose of this study is development of a SCGE model for passenger transport improvement and applied this model for evaluation of Japanese new-Shinkansen project.