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Large-scale models are often used in the urban planning context to model the effects of, for instance, a change in land-use policies or transportation infrastructure. This class of models accounts for factors such as the spatial distribution of jobs and workers, commuting flows, housing markets,...
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A variety of methods have been developed which allow the estimation of benefits likely to arise from new transport infrastructure. In this paper, we concentrate on measuring commuting-related benefits. We compare and contrast two different approaches. The first relies on using data on commuting...
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Traditional cost-benefit models of investments in road infrastructure are often based on demand curves assuming a given spatial distribution of jobs and households. We first use numerical experiments based on a spatial general equilibrium model to illustrate how this potentially introduces a...
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