Interaction between Transportation Network Development and Management, and Urban Agglomeration

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The globalizing economy urges the governments to develop huge transportation hubs while their investment in such public goods is often found inefficient and poorly organized in Japan. In this project, we develop the theoretical and empirical framework useful to prepare investment and operation strategies of the transportation network. We have successfully investigated rules for the optimal local public goods provision and the efficient pricing of highways as well as the development and usages of computable general equilibrium models useful for those analyses.