Showing 1 - 10 of 997
This paper studies urban sustainability from the perspective ofexternalities. We develop a general spatialequilibrium model of a monocentric city, in which two types ofexternalities occur. On the one hand, pollution inthe industrial centre leads to a spatially differentiateddeterioration of the...
Persistent link: https://www.econbiz.de/10010324394
This paper is concerned with the economics of urban externalities. We start by reviewing the literature on urban … externalities, and observe that although many interesting contributions have been made, there seems to be sufficient scope and need … pursued in future research on urban externalities. These include (1) the explicit consideration of mutual interactions between …
Persistent link: https://www.econbiz.de/10010325060
Empirical studies in spatial economics have shown that agglomeration economies may be a source of the uneven distribution of economic activities and economic growth across cities and regions. Both localization and urbanization economies are hypothesized to foster agglomeration and growth, but...
Persistent link: https://www.econbiz.de/10010326334
This paper studies an intermediated market operated by middlemen with high inventory holdings. I present a directed search model in which middlemen are less likely to experience a stockout because they have the advantage of inventory capacity, relative to other sellers. The model explains why...
Persistent link: https://www.econbiz.de/10010326192
An emerging quantitative spatial economics literature models commuting interactions by a gravity equation that is mathematically equivalent to a multinomial logit model. This model is widely viewed as restrictive because of the independence of irrelevant alternatives (IIA) property that links...
Persistent link: https://www.econbiz.de/10012949563
This paper examines the effects of specialisation (within-sector clustering) and diversity (between-sector clustering) on business services profitability and location choice. We apply a semiparametric Poisson sorting model allowing for firm-specific effects. We find that for most firms,...
Persistent link: https://www.econbiz.de/10010326511
This paper explores the interactions between congestion pricing and a tax-distorted labor market within a monocentric urban equilibrium model. We compute the efficiency gains of various second-best policies, i.e. combinations of toll schemes and revenue recycling programs, with a predetermined...
Persistent link: https://www.econbiz.de/10010326513
A sound empirical and quantitative analysis on the relationship between different patterns of urban expansion and the environmental or social costs of mobility is rare, and the few studies available provide at best a qualitative discussion of these issues. Some recent tentative studies on the...
Persistent link: https://www.econbiz.de/10010325307
This paper reports the results of a stated preference study investigating the Willingness-to-pay (WTP) of employees at the Amsterdam Zuidas for the presence of non-shopping and shopping facilities. The Amsterdam Zuidas area, surrounding the current train-metro-tram station Amsterdam Zuid...
Persistent link: https://www.econbiz.de/10010325351
This paper analyses the effect of railway investment on land prices and land use in a polycentric city under various regulatory regimes of land markets. The introduction of a faster mode of transport (train), accessible in discrete locations leads to an extended city size. The stations of the...
Persistent link: https://www.econbiz.de/10010325592