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paper documents that highway widenings considerably reduce congestion in the short run, defined here as 6 years. Using … costs. Our paper contributes to an explanation why countries invest in roadworks even when the fundamental law of congestion …
Persistent link: https://www.econbiz.de/10013356466
unequal distribution of accessibility across space and between different income groups and show that the impact of congestion …
Persistent link: https://www.econbiz.de/10014477484
In this paper we explore the possible impact of urban congestion on agglomeration economies for a cross-section set of … size and congestion. We use population in each city in the 19th and early 20th century as instruments for current city size … previous research in the region. When congestion is included in the estimation, we find that agglomeration economies are …
Persistent link: https://www.econbiz.de/10014518257
to agglomeration economies and a higher cost of the publicly provided good due to congestion. It is shown that …
Persistent link: https://www.econbiz.de/10010315183
8 weeks. The pricing considers external costs from climate damages, health outcomes and congestion and varies across …
Persistent link: https://www.econbiz.de/10014540141
and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …
Persistent link: https://www.econbiz.de/10010261153
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this paper we analyze a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10010261543
In diesem Papier wird untersucht, welche Auswirkungen die Verfügbarkeit von Infrastruktur auf die unternehmerische Investitionsentscheidung hat. Dabei ist unterstellt, dass Infrastruktur zum einen Input in der Produktionsfunktion ist und zum anderen die Höhe der Anpassungskosten beeinflusst....
Persistent link: https://www.econbiz.de/10010262948
and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future. …
Persistent link: https://www.econbiz.de/10010268665
Urbanization economies - the effects on productivity and utility created endogenously by larger cities - are a fundamental component of both the economic geography of modern societies and the perpetuation of innovation and economic growth at a national level. Cities account for vast majorities...
Persistent link: https://www.econbiz.de/10010269597