IDEAS home Printed from https://ideas.repec.org/p/ngi/dpaper/12-23.html
   My bibliography  Save this paper

Optimal Transportation Network in a Closed City under Residential and Absentee Land Ownerships

Author

Listed:
  • Yuichiro Yoshida

    (National Graduate Institute for Policy Studies)

  • Abu Nur Rashed Ahmed

    (National Graduate Institute for Policy Studies)

Abstract

This paper investigates the optimality condition of transport network development in a closed city with residents’ and absentee land ownerships. We set up an urban land use model in which, taking prices and characteristics of transport network as given, households that are identical in their preferences and endowments maximize utility by choosing residential location, lot size, and travel modes. Social planner then optimizes with respect to the characteristics of transportation network so as to maximize the level of utility in the spatial equilibrium. The key findings of this paper include that under resident landlord case the general optimality condition of the transport network improvement is such that the marginal cost of improvement is equal to the marginal increase in the aggregated differential land rent evaluated at current level of land rent.

Suggested Citation

  • Yuichiro Yoshida & Abu Nur Rashed Ahmed, 2013. "Optimal Transportation Network in a Closed City under Residential and Absentee Land Ownerships," GRIPS Discussion Papers 12-23, National Graduate Institute for Policy Studies.
    • Handle: RePEc:ngi:dpaper:12-23
    as

    Download full text from publisher

    File URL: https://grips.repo.nii.ac.jp/?action=repository_action_common_download&item_id=1110&item_no=1&attribute_id=20&file_no=1
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), 2011. "A Handbook of Transport Economics," Books, Edward Elgar Publishing, number 12679.
    2. Yoshitsugu Kanemoto, 2011. "Surplus Theory," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 20, Edward Elgar Publishing.
    3. Anas, Alex & Moses, Leon N., 1979. "Mode choice, transport structure and urban land use," Journal of Urban Economics, Elsevier, vol. 6(2), pages 228-246, April.
    4. Richard Arnott, 2004. "Does the Henry George Theorem Provide a Practical Guide to Optimal City Size?," American Journal of Economics and Sociology, Wiley Blackwell, vol. 63(5), pages 1057-1090, November.
    5. André de Palma & Robin Lindsey & Emile Quinet & Robert Vickerman, 2011. "Handbook Of Transport Economics," PSE-Ecole d'économie de Paris (Postprint) halshs-00754912, HAL.
    6. Yoshitsugu Kanemoto, 1984. "Pricing and Investment Policies in a System of Competitive Commuter Railways," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(4), pages 665-681.
    7. Kanemoto, Yoshitsugu, 1977. "Cost-benefit analysis and the second best land use for transportation," Journal of Urban Economics, Elsevier, vol. 4(4), pages 483-503, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Thisse, Jacques-François & Proost, Stef, 2015. "Skilled Cities, Regional Disparities, and Efficient Transport: The state of the art and a research agenda," CEPR Discussion Papers 10790, C.E.P.R. Discussion Papers.
    2. Anas, Alex, 2012. "The optimal pricing, finance and supply of urban transportation in general equilibrium: A theoretical exposition," Economics of Transportation, Elsevier, vol. 1(1), pages 64-76.
    3. André de Palma & Alexandre Guimard, 2014. "Urbanism, an overview," Working Papers hal-00969574, HAL.
    4. Simon P. Anderson & Régis Renault, 2011. "Price Discrimination," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 22, Edward Elgar Publishing.
    5. David Martimort & Flavio Menezes & Myrna Wooders & ELISABETTA IOSSA & DAVID MARTIMORT, 2015. "The Simple Microeconomics of Public-Private Partnerships," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(1), pages 4-48, February.
    6. Proost, Stef & Van Dender, Kurt, 2012. "Energy and environment challenges in the transport sector," Economics of Transportation, Elsevier, vol. 1(1), pages 77-87.
    7. Guillaume Daudin & Jérôme Héricourt & Lise Patureau, 2022. "International transport costs: new findings from modeling additive costs [Inventories, lumpy trade, and large devaluations]," Journal of Economic Geography, Oxford University Press, vol. 22(5), pages 989-1044.
    8. Miren Lafourcade & Jacques-François Thisse, 2011. "New Economic Geography: The Role of Transport Costs," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 4, Edward Elgar Publishing.
    9. Pedro Albarran & Raquel Carrasco & Adelheid Holl, 2013. "Domestic transport infrastructure and firms’ export market participation," Small Business Economics, Springer, vol. 40(4), pages 879-898, May.
    10. Jesper Breinbjerg & Alexander Sebald & Lars Peter Østerdal, 2016. "Strategic behavior and social outcomes in a bottleneck queue: experimental evidence," Review of Economic Design, Springer;Society for Economic Design, vol. 20(3), pages 207-236, September.
    11. Platz, Trine Tornøe & Østerdal, Lars Peter, 2017. "The curse of the first-in–first-out queue discipline," Games and Economic Behavior, Elsevier, vol. 104(C), pages 165-176.
    12. Paul Chiambaretto & André De Palma & Stef Proost, 2013. "A normative analysis of transport policies in a footloose capital model with interregional and intraregional transportation costs," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 51(3), pages 811-831, December.
    13. Diana N. Elshahawany & Eduardo A. Haddd, Michael L. Lahr, 2015. "The Potential Economic Impacts of the Proposed Development Corridor in Egypt: An Interregional CGE Approach," Working Papers, Department of Economics 2015_42, University of São Paulo (FEA-USP).
    14. Ling-Ling Xiao & Tian-Liang Liu & Hai-Jun Huang, 2021. "Tradable permit schemes for managing morning commute with carpool under parking space constraint," Transportation, Springer, vol. 48(4), pages 1563-1586, August.
    15. Rich, Jeppe & Vandet, Christian Anker, 2019. "Is the value of travel time savings increasing? Analysis throughout a financial crisis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 124(C), pages 145-168.
    16. Jota Ishikawa & Nori Tarui, 2015. "Backfiring with backhaul problems: Trade and Industrial Policies with Endogenous Transport Costs," Working Papers 201514, University of Hawaii at Manoa, Department of Economics.
    17. Timothy Besley & Thiemo Fetzer & Hannes Mueller, 2015. "The Welfare Cost Of Lawlessness: Evidence From Somali Piracy," Journal of the European Economic Association, European Economic Association, vol. 13(2), pages 203-239, April.
    18. Edward N. Robson & Vinayak V. Dixit, 2017. "A General Equilibrium Framework for Integrated Assessment of Transport and Economic Impacts," Networks and Spatial Economics, Springer, vol. 17(3), pages 989-1013, September.
    19. Henrik Andersson & James Hammitt & Gunnar Lindberg & Kristian Sundström, 2013. "Willingness to Pay and Sensitivity to Time Framing: A Theoretical Analysis and an Application on Car Safety," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(3), pages 437-456, November.
    20. Michael Wegener, 2011. "Transport in Spatial Models of Economic Development," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 3, Edward Elgar Publishing.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ngi:dpaper:12-23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/gripsjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.