Concerns over climate change have brought new impetus to the goal of reducing vehicle travel through land-use policy. To determine the degree to which land-use policies are effective in reducing vehicle travel, studies are needed that measure and compare vehicle travel both before and after a...

We investigate the effects of public capital investment on the demand for travel. We define capital stock as a productive flow that accounts for the physical deterioration of infrastructure over time. We present a framework where additions to capital stock only cover a portion of the long-run...

The paper constructs a dynamic general equilibrium model to study the endogenous determination of gasoline use, driving and vehicle fuel efficiency. Before vehicles are produced, their fuel efficiency can be chosen optimally. Once produced, their fuel efficiency cannot be changed. The model...