Showing 1 - 10 of 10
This paper analyzes cordon tolling using a simple model where space is discrete rather than continuous, with commuting costs incurred only on two congested bridges. The first-best regime requires tolls on both bridges, whereas only the inner bridge is tolled under the cordon-toll regime. While...
Persistent link: https://www.econbiz.de/10010877870
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10010877977
congestion-sensitive content; however, this creates more congestion for other existing content. By contrast, if capacity is …
Persistent link: https://www.econbiz.de/10010948849
, road congestion in the neighborhood (which affects the commuting costs of local residents) depends on the average amount of …
Persistent link: https://www.econbiz.de/10011272619
This paper develops a two-sector R&D-based growth model with congestion effects from increasing urban population … from the modern to the traditional sector and Engel’s law holds. In turn, urban congestion effects cause a productivity … allocation depends on the strength of urban congestion effects. …
Persistent link: https://www.econbiz.de/10009367391
and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …
Persistent link: https://www.econbiz.de/10005181350
growth also goes hand in hand with formation of slums and congestion. We thus argue that there is a role for public policies. …
Persistent link: https://www.econbiz.de/10005196306
to agglomeration economies and a higher cost of the publicly provided good due to congestion. It is shown that …
Persistent link: https://www.econbiz.de/10005405915
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...
Persistent link: https://www.econbiz.de/10010691460
other forms of congestion into account. …
Persistent link: https://www.econbiz.de/10010599729