Macroeconomic Effects of the Stock Management for Irrigation and Drainage Facilities in Japan: Application of Recursive- Dynamic CGE model

Abstract

The stock management of irrigation and drainage facilities was macro-economically evaluated. The recursive-dynamic CGE model was developed and used for policy simulation. Results demonstrated that effects of activity spread to other industries and total benefit calculated by the consumers’ surplus change was more than the total costs.Computable General Equilibrium Model, Recursive dynamic model, Consumers’ surplus, Cost-benefit ratio, Agricultural and Food Policy, Community/Rural/Urban Development, Demand and Price Analysis, Production Economics, Public Economics, H30, Q12, Q14, Q18,