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Please use this identifier to cite or link to this item: http://hdl.handle.net/11266/6627

Title: Social Common Capital, Congestion Tax and Non-tradable Goods in a Small Open Economy
Authors: Asako, Kazumi
Li, Gang
浅子, 和美
李, 綱
Issue Date: 25-Mar-2018
Publisher: Rissho University
Abstract: We construct a static general equilibrium model with social common capital or highway-type congested public capital. Non-tradable goods are also introduced into this small open economy. We obtain the effects of an improvement in the terms of trade, as well as an operation in congestion tax, on the degree of congestion and social welfare. We also find that the non-tradable goods become crucial to the results of comparative statics when they are used as the numeraire.
URI: http://hdl.handle.net/11266/6627
ISBN: 9784582474411
Appears in Collections:Vol.1 The Academic Pilgrimage to Sustainable Social Development

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