Showing 1 - 10 of 333
This paper considers the impact of the introduction of a metro network in the Copenhagen metropolitan area. Using travel surveys from years before and after the opening of the metro network, we observe a significant change in travel times, speeds and mode choice for commutes that can completely...
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This paper discusses a number of issues centred around the evaluation of the benefits and costs of transport. It is argued that, for various reasons, transport cannot be treated as an ‘ordinary’ economic sector, and in the paper the policy implications of a number of the sector’s...
Persistent link: https://www.econbiz.de/10010339448
Reimbursement of commuting costs by employers has attracted little attention from economists. We develop a theoretical … frictions and show that partial reimbursement of commuting cost will in general be an element of the recruitment policy. The … alternative explanation that stresses the role of tax incentives is unlikely to provide a full explanation of the commuting costs …
Persistent link: https://www.econbiz.de/10011372498
The paper presents a polycentric general equilibrium model with congestion externalities and distortionary labor taxation calibrated to fit the key empirical regularities of the regional economy and transport system of Randstad conglomeration. In line with more stylized models, marginal external...
Persistent link: https://www.econbiz.de/10011298885
In this paper, we derive a structural model for commuting speed. We presumethat commuting speed is chosen to minimise … commuting costs, which encompass bothmonetary and time costs. At faster speed levels, the monetary costs increase, but the …
Persistent link: https://www.econbiz.de/10011338008
Most studies of the effects of transport infrastructure on the performance of individual firms have focused on marginal expansions of the rail or highway network over time. In this paper, we study the short-run effects of a large discrete shock in the quality of transport infrastructure, viz....
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