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We use a spatial general equilibrium model with potential commuting of workers between their place of work and their …
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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
We examine the effects of differences in income tax rates on commuting times within multi-state MSAs. Our theoretical … holding fixed other characteristics. We identify large effects on commuting times for affluent households and homeowners in …
Persistent link: https://www.econbiz.de/10010370340
realistic representation of decisions related to commuting, migration and household and employment location. The model allows …
Persistent link: https://www.econbiz.de/10012198579
Growing vehicle use and congestion externalities have led many to consider alternative congestion pricing mechanisms, as road pricing often has high infrastructural costs and faces public opposition. This paper explores the role of parking taxation in reducing congestion by considering a natural...
Persistent link: https://www.econbiz.de/10011485212
This paper presents an adapted agent-based model for the diffusion of new aircraft model series. Expanding on the classical economic decision framework, where investment decision-making is entirely based on profitability, our holistic modeling approach takes into account profitability,...
Persistent link: https://www.econbiz.de/10012844610
In this paper we evaluate and compare long-run economic effects of six road-pricing schemes aimed at internalizing social costs of transportation. In order to conduct this analysis, we employ a spatially disaggregated general equilibrium model of a regional economy that incorporates decisions of...
Persistent link: https://www.econbiz.de/10012725806
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