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Assessment of the Economic Impacts of Reducing Transportation Costs Based on DSGE Modeling

Author

Listed:
  • D. N. Shul’ts

    (Infrastructure Economics Centre)

  • P. A. Lavrinenko

    (Institute of Economic Forecasting, Russian Academy of Sciences)

Abstract

— The article describes the application of the DSGE1-modeling to assess the impacts of transportation investment projects. A decrease in total transportation costs is used as a criterion by which the impact is estimated. They include both direct monetary costs (tariffs) and indirect costs estimated over time.

Suggested Citation

  • D. N. Shul’ts & P. A. Lavrinenko, 2020. "Assessment of the Economic Impacts of Reducing Transportation Costs Based on DSGE Modeling," Studies on Russian Economic Development, Springer, vol. 31(5), pages 549-558, September.
    • Handle: RePEc:spr:sorede:v:31:y:2020:i:5:d:10.1134_s1075700720050160
    DOI: 10.1134/S1075700720050160
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    References listed on IDEAS

    as
    1. A. A. Shirov, 2018. "Use of Input–Output Approach for Supporting Decisions in the Field of Economic Policy," Studies on Russian Economic Development, Springer, vol. 29(6), pages 588-597, November.
    2. P. A. Lavrinenko & T. N. Mikhailova & A. A. Romashina & P. A. Chistyakov, 2019. "Agglomeration Effect as a Tool of Regional Development," Studies on Russian Economic Development, Springer, vol. 30(3), pages 268-274, May.
    Full references (including those not matched with items on IDEAS)

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