Showing 1 - 10 of 104
In downtown areas, what proportion of curbside should be allocated to parking? In contrast to most previous work on the economics of parking, this paper focuses on optimal curbside parking capacity in both first-best (where pricing is efficient) and second-best (where pricing is inefficient)...
Persistent link: https://www.econbiz.de/10009691666
-income city, we find that a 1% increase in density implies positive per capita net present values of wage and rent effects of $280 …This paper synthesises the state of knowledge on the economic effects of density. We consider 15 outcome categories and … 209 estimates of density elasticities from 103 studies. More than 50% of these estimates have not been previously …
Persistent link: https://www.econbiz.de/10011752552
The theory of road pricing developed for single links suggests time andlocation varying charges equal to the marginal congestion cost at the efficientlevel of traffic. The second-best network counterpart is derived, but would beinfeasible to implement. Cordon tolls are feasible, and their...
Persistent link: https://www.econbiz.de/10011400380
People who anticipate the introduction of a policy can adapt their behavior, perhaps in ways that make the policy ineffective and exacerbate the problem to be addressed. This paper develops a political economy model to study strategic behavior related to the introduction of congestion policies,...
Persistent link: https://www.econbiz.de/10012415535
Transport has significant externalities including carbon emissions and air pollution. Public health research has identified additional social gains from active travel, due to health benefits of physical exercise. Per mile, these benefits greatly exceed the external costs from car use. We...
Persistent link: https://www.econbiz.de/10012387641
In 2022, Germany introduced a temporary 9-euro monthly ticket for unlimited local and regional public transport. We investigate its impact on mobility patterns, including increased public transport usage, reduced car traffic, and rail network congestion. Using difference-in-difference and...
Persistent link: https://www.econbiz.de/10014632328
as households move from the low-density countryside to the commuter belts of cities rather than from the city centers to … the periphery. Employment, however, becomes more agglomerated in high-density large cities. This adjustment implies an …
Persistent link: https://www.econbiz.de/10011996174
For a quarter century, a top priority in transportation economic theory has been to develop models of rush-hour traffic dynamics that incorporate traffic jams (hypercongestion). The difficulty has been that "proper" models result in mathematical intractabilty, while none of the proposed...
Persistent link: https://www.econbiz.de/10011305426
urban blight. The paper develops a simple dynamic model in which new suburban and older central-city properties compete for … suburban development, also depress central-city housing prices and undermine maintenance incentives, leading to deficient … levels of central-city rein-vestment. Corrective policies that shift population from the suburbs to the center result in …
Persistent link: https://www.econbiz.de/10003887324
This paper estimates the causal effect of rural-urban migration on urban production in China. We use longitudinal data on manufacturing firms between 2001 and 2006 and exploit exogenous variation in rural-urban migration due to agricultural price shocks. Following a migrant inflow, labor costs...
Persistent link: https://www.econbiz.de/10011955657