This paper considers three benefit measures of a large transportation improvement in a general equilibrium framework, i.e. the Marshall-Dupuit consumer's surplus, the compensating variation, and the compensating surplus. First, it examines whether or not the measures can be reduced to the area to the left of a suitably defined transportation demand curve. Second, the measures are expressed as functions of various price and income elasticities which...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1985/01/01
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Журнальная статья
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REP365
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1
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1
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2010/07/12
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Disclosed
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General equilibrium analysis of the benefits of large transportation improvements
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Transportation
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