2012 Volume 42 Issue 4 Pages 1017-1029
This article aims to measure the economic impacts of the San-En-Nanshin Expressway that will be constructed through a prefectural cross-border area across Aichi, Shizuoka and Nagano Prefectures in Japan. First, we present a simplified spatial computable general equilibrium model of the San-En-Nanshin region. Then we attempt to measure the economic impacts of the San-En-Nanshin Expressway by applying the so-called shortcut method. The economic benefit of the expressway was estimated to be 24.4 billion yen which passes the cost-benefit criterion. The interregional benefit incidence is also described in this article. Recommendations for increasing the benefits are mentioned in the concluding remarks.
JEL Classification: R11, R13, R41
