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Biofuels such as ethanol and biodiesel are increasingly promoted as green alternatives to petroleum-derived transport fuels. Scaling up feedstock production to produce enough biofuel to displace a significant portion of current petroleum demand will put pressure on land and water resources both...
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In this article, we introduce a recreational amenity—a greenbelt park—into a simple urban economic model. For multiple possible park placements, we solve for the associated equilibrium urban structure, including the equilibrium rent gradient, city boundary, total number of park...
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Replaced with revised version of paper 11/18/02.
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In this paper, we use a simple urban economic model to study how choosing park locations within a city might contribute towards urban planning goals. For multiple possible park placements, we solve for the associated equilibrium urban structure, including the equilibrium rent gradient, city...
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