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We study neighbourhood externalities caused by large public investments in poor neighbourhoods. A stylised theory of a linear city is proposed to guide interpretation of the magnitude and attenuation of the external effects generated by these public investments. We use a large Dutch nationwide...
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The provision of public transit is thought to reduce travel time losses that are due to car congestion. For this reason …, it is economically justified to subsidise public transit from a welfare perspective as it creates a congestion …-relief benefit. The main goal of this paper is to quantify the congestion-relief benefit of public transit for Rotterdam by analysing …
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One of the classic predictions of the urban economic theory is that high-income and low-income households choose different residential locations and therefore, conditional on workplace location, have different commuting patterns. Empirical tests of this theory are not standard, due to unobserved...
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According to economic theory, the price of parking must vary with the demand for this good. We study the economic consequences of not doing so by estimating the employees' parking demand at one organisation, which, rather uniquely, follows this recommendation. We estimate the effect of the...
Persistent link: https://www.econbiz.de/10011508666
Numerous attempts have been made to evaluate economic impacts by climate change, and the evaluation method can be classified into two approaches. One is a partial equilibrium approach and the other is a general equilibrium approach. The former method includes a travel cost method (TCM) and a...
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