Anas, Alex

Hiramatsu, Tomoru

RELU-TRAN (Regional Economy Land Use and Transportation) is a spatial computable general equilibrium (CGE) model with endogenous road congestion, housing and labor markets and real estate development consistent with microeconomic theory. The model has been calibrated and used for the Chicago MSA and is currently being implemented for the Greater Los Angeles metropolitan area. So far the model has been used: (i) to examine the impact of an increase in the price of gasoline on travel and location decisions in the Chicago MSA; (ii) to study how travel time, gasoline consumption and automobile emissions would evolve over time as the area grows in population and land area and as employment continues to disperse into the suburbs. The model is also being used: (iii) to evaluate the effects of cordon tolling, of road congestion versus a tax on gasoline; and (iv) to examine the effects of an urban growth boundary. The main findings from these applications of RELU-TRAN are discussed and some challenges in the model’s further application are identified

Osaka University Knowledge Archive

RELU-TRAN : Applications and Challenges

http://ir.library.osaka-u.ac.jp/dspace/bitstream/11094/23035/1/osipp_029_153.pdf

RELU-TRAN : Applications and Challenges

Abstract

Similar works

Full text

Available Versions

Osaka University Knowledge Archive