Showing 151 - 160 of 11,912
n this paper, we expose the economic conditions of cities emergence in a spatial general equilibrium framework. The presence of increasing returns based on the division of labour, transport costs and the possible existence of an agricultural surplus are enough to generate different possible...
Persistent link: https://www.econbiz.de/10005593824
Formation of SEZ using agricultural land to promote industrialization has recently been one of most controversial policy issues in many developing economies including India. This paper critically theoretically evaluates the consequences of this policy in terms of a three-sector Harris-Todaro...
Persistent link: https://www.econbiz.de/10005617186
This paper presents a difference in the comparative statics of general equilibrium models with land when there are finitely many agents, and when there is a continuum of agents. Restricting attention to quasi-linear and Cobb-Douglas utility, it is shown that with finitely many agents, an...
Persistent link: https://www.econbiz.de/10005619713
The city of Brussels has a unique position in Europe. It is not only the capital city of the European Union, it also the capital of federal state of Belgium, of its two different language communities and of the government of the Brussels region. Independent of this, the city itself is composed...
Persistent link: https://www.econbiz.de/10010740462
This paper numerically evaluates the efficiency of regulations on building size and city size in a congested closed city by comparing welfare gain with that achieved under a first-best toll regime. Results show that whereas the urban growth boundary (UGB) is a poor substitute for the toll regime...
Persistent link: https://www.econbiz.de/10010574105
Motivated by several empirical studies showing a positive relationship between residential density and vehicle fuel efficiency chosen by the residents, this paper presents a modified monocentric city model with endogenous vehicle-typechoices. Consumers are assumed to explicitly consider driving...
Persistent link: https://www.econbiz.de/10010577532
Optimality of urban density regulations differs between a closed city and an open city. We demonstrate, by examining optimal floor area ratio (FAR) regulation, how to control building size to mitigate traffic congestion externality in a monocentric city. Results show that a closed city requires...
Persistent link: https://www.econbiz.de/10010580901
In this paper, we expose the economic conditions of cities emergence in a spatial general equilibrium framework. The presence of increasing returns based on the division of labour, transport costs and the possible existence of an agricultural surplus are enough to generate different possible...
Persistent link: https://www.econbiz.de/10010707418
In this monograph several aspects of externalities in cities are analyzed using extensions of a standard residential land use model. Topics covered are optimal and market city sizes, local public goods, traffic congestion, externalities between different types of households, and the growth of a...
Persistent link: https://www.econbiz.de/10008615009
Motivated by several empirical studies showing a positive relationship between residential density and vehicle fuel efficiency chosen by the residents, this paper presents a modified monocentric city model with endogenous vehicle-type choices. Consumers are assumed to explicitly consider driving...
Persistent link: https://www.econbiz.de/10011109848