Showing 1 - 10 of 115
It is usual to estimate willingness-to-pay in discrete choice models through Logit models –or their expanded versions-. Nevertheless, these models have very restrictive distributional assumptions. This paper is intended to examine the above mentioned issue and to propose an alternative...
Persistent link: https://www.econbiz.de/10005125037
Since many rural commuters depend on the private car due to lack of convenient public transport, car reduction policies designed for large cities with ample public transport may be unsuitable for smaller towns. In particular, pricing policies designed to encourage public transport use may be...
Persistent link: https://www.econbiz.de/10005118968
The transportation system is a fundamental component of the urban economic development, with its generating feature of negative supply externalities standing out (and, as a result, of the satisfied demand for some kind of this supply’s structure) related to congestion and environmental...
Persistent link: https://www.econbiz.de/10005118977
This paper considers a dynamic model of Tiebout-like migration between communities that utilize distinct allocation procedures for public goods. At issue is whether voluntary or compulsory procedures are more likely to prevail over time. We model infinitely lived individuals who make repeated,...
Persistent link: https://www.econbiz.de/10005550873
There are concerns that regional inequality in India has increased after the economic reforms of 1991. This concern is supported by various statistical analyses. In this paper, we show that the conclusions are sensitive to what measures of attainment are used. In particular, human development...
Persistent link: https://www.econbiz.de/10005556111
mobile and governments impose redistributive taxes. Regional integration is modeled as either increased labour mobility or … thus higher equilibrium taxes. Moreover, economic integration must increase taxes when the forces of agglomeration are the …
Persistent link: https://www.econbiz.de/10005556493
New Zealand is unusual in that nearly 60% of local services are funded from property taxes. These are a mixture of land … taxes, capital value taxes, annual rental value taxes and uniform general charges. We explore the efficiency and equity of … efficient or equitable. We find that land taxes are more progressive than capital value taxes. Our research also addresses local …
Persistent link: https://www.econbiz.de/10005556963
We study whether "coercive" public provision or voluntary private provision of public goods can survive when individuals who "vote with their feet" can choose between communities that differ in the way that public goods are provided. We obtain the following findings: (i) an equilibrium always...
Persistent link: https://www.econbiz.de/10005407605
This paper investigates differences in the rate of growth of population across the large city-regions of the EU12 between 1980 and 2000. The US model which assumes perfect factor mobility does not seem well adapted to European conditions. There is evidence strongly suggesting that equilibrating...
Persistent link: https://www.econbiz.de/10005407839
China’s rapid overall growth since 1978 masks significant differences in relative economic performance across its provinces. This paper finds that, while per capita income of poor provinces are catching up with those in the rich, the relative income distribution appears to be stratifying into...
Persistent link: https://www.econbiz.de/10005550986