Energy
8 years ago

Fuel Pricing and Public Transport Boost Could Reshape Korea's Economy

WIT transactions on the built environment
Effectiveness and macroeconomic impact analysis of policy instruments for sustainable transport in Korea: A CGE modeling approach
S W Lee, J Lim

Paper Summary

Related papers

Economics, Econometrics and Finance
4 years ago

New macroeconometric model in Philippines to shape economic policies and forecasts.

Macroeconomic Analysis
Infrastructure Impact
Economics, Econometrics and Finance
5 years ago

Chinese economy resilient despite slowdown fears, consumption remains driving force.

Globalization Impact
Economics, Econometrics and Finance
8 years ago

Mongolia's Infrastructure Investments Boost Economy, Ease Mining Burdens

Resource Curse
Energy Transition
Gas Flaring
1 view

The article examines how different policies in Korea's transport sector can impact the economy. Researchers used a model to study the effects of measures like fuel pricing and promoting public transport. They found that these policies can affect GDP, trade balances, and government spending. This information can help policymakers decide which environmental policies to prioritize for sustainable development in transportation.