Konferenzbeitrag

Project Evaluation of Transportation Projects: an Application of Financial Computable General Equilibrium Model

We develop a Financial Computable General Equilibrium Model (FCGE) model that can analyse the economic impacts of the infrastructure investment projects and their financing options on growth and distribution in Indonesia economy. It is possible to estimate growth and distributional effects of each project based on the financing method (government financing with tax revenues, government bond, and private financing) over the construction and operation periods if the information on the investment expenditures, the construction location and the accessibility of the project are injected into the FCGE model. The government financing with tax revenues could generate higher effects on GDP than two other financing methods regardless of projects. However, the presented values of benefits over costs are less than one for two sample highway projects, so they cannot be sustainable with regard to economic assessment.

Sprache
Englisch

Erschienen in
Series: 55th Congress of the European Regional Science Association: "World Renaissance: Changing roles for people and places", 25-28 August 2015, Lisbon, Portugal

Klassifikation
Wirtschaft
Computable General Equilibrium Models
Computable and Other Applied General Equilibrium Models
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Thema
Transportation Investment
Infrastructure Policy
Financial CGE Model

Ereignis
Geistige Schöpfung
(wer)
Kim, Euijune
Hewings, Geoffrey J.D.
Amir, Hidayat
Ereignis
Veröffentlichung
(wer)
European Regional Science Association (ERSA)
(wo)
Louvain-la-Neuve
(wann)
2015

Handle
Letzte Aktualisierung
12.07.2024, 13:20 MESZ

Objekttyp

  • Konferenzbeitrag

Beteiligte

  • Kim, Euijune
  • Hewings, Geoffrey J.D.
  • Amir, Hidayat
  • European Regional Science Association (ERSA)

Entstanden

  • 2015

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