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作者

来源

REGIONAL SCIENCE AND URBAN ECONOMICS,Vol.73,P.217-236

语言

英文

关键字

Road pricing; Agglomeration externalities; Second best; General equilibrium; Equity; Regional labor markets; COST-BENEFIT-ANALYSIS; TRAFFIC CONGESTION; LAND-USE; AGGLOMERATION; WELFARE; CITIES; COMPETITION; TAXES; TOLLS; POLARIZATION

作者单位

[Vandyck, Toon] European Commiss, Joint Res Ctr, Calle Inca Garcilaso 3, Seville 41092, Spain. [Vandyck, Toon] KULeuven, Ctr Econ Studies, Leuven, Belgium. [Rutherford, Thomas F.] UW Madison, Dept Agr & Appl Econ, Madison, WI USA. Vandyck, T (reprint author), European Commiss, Joint Res Ctr, Calle Inca Garcilaso 3, Seville 41092, Spain. E-Mail: Toon.Vandyck@ec.europa.eu

摘要

Cities provide the benefits that come with economic density but often face congested traffic and high unemployment. In this paper, we study economy-wide and distributional implications of congestion pricing in the presence of agglomeration externalities and unemployment. We develop a spatial general equilibrium model to show that indirect effects of time-invariant congestion tolls can lead to welfare losses for low-skilled urban residents by changing commuting patterns of high-skilled workers. Next, we reveal a set of policy designs that improve welfare across space and worker skill levels by combining time-sensitive road pricing, transport network capacity expansions, and toll revenue redistribution.