ECONOMIC AND GEOGRAPHICAL IMPACT ASSESSMENT OF INTERCITY TRANSPORT INVESTMENT PROJECT BASED ON SPATIAL ECONOMICS — AN APPLICATION TO “CHUO-SHINKANSEN SCMAGLEV” PROJECT—

Abstract

 Development of trunk inter-regional transport system influences to population distribution as well as regional economic performances. This paper proposed a computable multi-regional and multi-sectoral economic model. The model is able to assess effects of transport policy on geographical changes in industrial and households location, based on rigorous theoretical foundations, namely spatial economics. The new high speed rail Chuo Shinkansen using SuperConducting MAGnetic LEVitation, SCMAGLEV, railway system will drastically change the intercity mobility. The revolution of the mobility can influence to economic and geographic status of Japan. This paper develops a spatial economic model based on quantitative spatial economics (QSE) framework and estimates the impacts caused by Chuo Shinkansen by using the model.