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
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

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