Polycentric Spatial Development, Externalities and Cost-Benefit Analysis
This article investigates the relevance of traditional cost-benefit analysis in the context of spatial development. More precisely, in a sequence of spatial models with two centers, we successively consider the impact of households' relocation and urban externalities (congestion, pollution) on the costs and benefits as far as transportation investments are concerned. A concept of effective externality is introduced and is shown to play a central role in evaluating the efficiency of equilibria with multiple centers.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 25 (1991)
Issue (Month): 3 (October)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://link.springer.com/journal/168|
When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:25:y:1991:i:3:p:193-208. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If references are entirely missing, you can add them using this form.