Arbeitspapier
Rush hours and urbanization
We use a spatial general equilibrium model with potential commuting of workers between their place of work and their place of residence to analyze the effects of rush hours on the spatial allocation of employment and population, average labor productivity and the housing market. Abolishing traffic congestion during rush hours leads to a more urbanized economy as households move from the low-density countryside to the commuter belts of cities rather than from the city centers to the periphery. Employment, however, becomes more agglomerated in high-density large cities. This adjustment implies an increase of average labor productivity of 7.2 percent and higher inequality of housing costs.
- Sprache
-
Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 7587
- Klassifikation
-
Wirtschaft
Size and Spatial Distributions of Regional Economic Activity
General Equilibrium and Welfare Economic Analysis of Regional Economies
Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
- Thema
-
urbanization
commuting
traffic
congestion
spatial general equilibrium
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Seidel, Tobias
Wickerath, Jan
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Seidel, Tobias
- Wickerath, Jan
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2019