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We study the political economy of commuting subsidies in a model of a monocentric city with two income classes … suburbs. Commuting subsidies increase the net income of those with long commutes or high transport costs. They also affect … and the incidence of landownership affects the support for commuting subsidies. …
Persistent link: https://www.econbiz.de/10002243184
This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...
Persistent link: https://www.econbiz.de/10002424392