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Georgia - Assessing economy wide indirect impacts of East-West highway investments through CGE modeling (Английский)

The objective of this study was to assess the economy wide indirect benefits of investments in the East West highway (EWH). This study has used a computable general equilibrium (CGE) model, which simulates indirect benefits associated with the completion of the upgraded road corridor. The transmission channel modeled is the reduction in transportation costs - reduction in vehicle operating costs, and time savings - resulting from the investments in...
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