Economics, Econometrics and Finance
8 years ago

Transportation initiatives impact economy: CGE analysis reveals surprising results!

Emerald Group Publishing Limited eBooks
Computable General Equilibrium Analysis in Transportation Economics
Johannes Bröcker

Paper Summary

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The article talks about how a method called computable general equilibrium analysis is used in economics to predict how changes in things like taxes, technology, and preferences can affect the economy. This method is now commonly used in transportation economics to see how things like building new roads or changing prices can impact the economy.