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The paper proposes an econometric approach for quantifying jointly the geographical scope of commuting as well as the … using land prices to measure their aggregate effects, the approach estimates the geographical reach of commuting and urban … areas may be larger than suggested by MSA classifications based on commuting only. Metropolitan subcenters are found to …
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Congestion pricing has long been held up by economists as a panacea for the problems associated with ever increasing traffic congestion in urban areas. In addition, the concept has gained traction as a viable solution among planners, policymakers, and the general public. While congestion costs...
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the average commuting length is reduced. However, when we account for the possible relocation of activities within and …, agglomeration occurs and, eventually, the secondary business centers vanish. By increasing the average commuting length, these …
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Supersede WP 13-25. Congestion costs in urban areas are significant and clearly represent a negative externality. Nonetheless, economists also recognize the production advantages of urban density in the form of positive agglomeration externalities. The long-run equilibrium outcomes in economies...
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new commuting patterns. We show policies that favor the decentralization of jobs in big cities may reduce global pollution …
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