USAGE-ITC: General Equilibrium Model of U.S. Economy to Evaluate Investments in Texas Gulf Intracoastal Waterway and Other Texas Channels.

Author(s)
Siegesmund, P. Luskin, D.M. Fujiwara, L. & Tsigas, M.
Year
Abstract

This paper describes recent research utilizing a computable general equilibrium model of the United States economy to evaluate the national effects of maritime infrastructure investment in Texas. It provides a brief description of the USAGE-ITC model, provided by the U.S. International Trade Commission, describes its application to an analysis of transportation policy as it relates to Texas shallow draft waterways and suggests future transportation applications of the model. The research described in this paper reveals that there are positive, measurable national economic benefits to Federal investments in Texas shallow draft channels. This is significant both in itself and as an illustration of a methodology that may more accurately assess the program evaluation criteria used by Federal agencies, such as the U.S. Army Corps of Engineers.

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Publication

Library number
C 44025 (In: C 43862 CD-ROM) /72 / ITRD E839779
Source

In: Compendium of papers CD-ROM 87th Annual Meeting of the Transportation Research Board TRB, Washington, D.C., January 13-17, 2008, 16 p.

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