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The Effects of Urban Transportation Changes: A General Equilibrium Simulation

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  • Richard Arnott
  • James G. MacKinnon

Abstract

This paper uses a general equilibrium simulation model of residential land use to study the long-run effects of transportation changes in a closed city. The effects considered include the aggregate benefits from and income distributional impact of the changes, and the induced alterations in the physical characteristics of the city and in the location and modal choice of different income groups. An interesting point brought out in the simulations is the welfare-interdependence of different groups resulting from their spatial interaction.

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Bibliographic Info

Paper provided by Queen's University, Department of Economics in its series Working Papers with number 236.

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Length: 38
Date of creation: 1976
Date of revision:
Publication status: Published in Journal of Public Economics, 8, 1977
Handle: RePEc:qed:wpaper:236

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Cited by:
  1. Rappaport, Jordan, 2014. "A quantitative system of monocentric metros," Research Working Paper RWP 14-3, Federal Reserve Bank of Kansas City, revised 01 May 2014.
  2. Teulings, Coen & Ossokina, Ioulia V. & de Groot, Henri L.F., 2014. "Welfare Benefits of Agglomeration and Worker Heterogeneity," IZA Discussion Papers 8382, Institute for the Study of Labor (IZA).
  3. Fernando Cotelo & Ciro Biderman & Bruno Hermann, 2003. "Avaliação Econômica de Intervenções Urbanas: o Programa de Renovação do Centro," Anais do XXXI Encontro Nacional de Economia [Proceedings of the 31th Brazilian Economics Meeting] e45, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  4. Baum-Snow, Nathaniel & Kahn, Matthew E., 2000. "The effects of new public projects to expand urban rail transit," Journal of Public Economics, Elsevier, vol. 77(2), pages 241-263, August.

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