estimate how agglomeration and congestion effects have changed between 1972 and 1992. Non-service sectors are found to be …

This paper presents a model of urban traffic congestion that allows for hypercongestion. Hypercongestion has … fundamental importance for the costs of congestion and the effect of policies such as road pricing, transit provision and traffic …

Consider an urban economy with two types of externalities, negative traffic congestion externalities and positive … agglomeration externalities deriving from non-market interaction. Suppose that urban travel can be tolled, that non … toll is below the congestion externality cost. This paper explores this line of reasoning. …

Traffic congestion alleviation has long been a common core transport policy objective, but it remains unclear under … (2001 to 2007). Using instrumental variables, results suggest that congestion slows job growth above thresholds of … congestion-induced travel delay impeding productivity growth. Results suggest that the strict policy focus on travel time savings …

agglomeration externalities. We extend this model by introducing a traffic congestion externality. We show that congestion induces a … interplay between these externalities is then demonstrated, as reduced congestion leads to commercial concentration and … agglomeration gains. …

significance of these responses to congestion externalities, and argue that they need to be taken into account in designing … internalization instruments. We consider labor-leisure, regional labor mobility and house price responses to congestion externalities …