Search results for " public investments"

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A macroeconomic analysis of the public investments in European combined transport

2009

Intermodal transport has been recognized as a priority by the European Union, that has defined different budget allocations of investments to improve the shifting from road to intermodal transport, which is more sustainable. In this context, the main aim of the paper is to discuss the macroeconomic effects, in terms of economic growth, welfare and trade, of these public investments for combined transport, which aspects have been neglected in literature. A multi-country computable general equilibrium model has been used. The main results have been that the European Union benefits from these investments, but at international level, USA and Japan would lose in terms of welfare. Furthermore, th…

Statistics and ProbabilityMacroeconomicsComputable general equilibriumInternational levelEconomics and Econometricsmedia_common.quotation_subjectContext (language use)International economicsComputable general equilibrium model public investments combined transport sensitivity analysisMathematics (miscellaneous)Exchange rateSettore SECS-P/03 - Scienza Delle FinanzeEconomicsmedia_common.cataloged_instanceAllocative efficiencyEuropean unionRobustness (economics)WelfareSocial Sciences (miscellaneous)media_common
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