Efficiency and Equity Impacts of Urban Transportation Policies with Equilibrium Sorting

被引：0
|
作者：
Barwick, Panle jia [1 ,2 ]
Li, Shanjun [3 ,4 ]
Waxman, Andrew [5 ]
Wu, Jing [6 ]
Xia, Tianli [7 ]
机构：
[1] UW Madison, Dept Econ, Madison, WI 53706 USA
[2] NBER, Ithaca, NY USA
[3] Cornell Univ, Sch Appl Econ & Management, NBER, Ithaca, NY USA
[4] RFF, Washington, DC USA
[5] Univ Texas Austin, LBJ Sch Publ Affairs, Austin, TX USA
[6] Tsinghua Univ, Hang Lung Ctr Real Estate, Beijing, Peoples R China
[7] Univ Rochester, Simon Business Sch, Rochester, NY USA
来源：
AMERICAN ECONOMIC REVIEW | 2024年 / 114卷 / 10期
基金：
中国国家自然科学基金;
关键词：
AIR-QUALITY; DRIVING RESTRICTIONS; PUBLIC-TRANSIT; CONGESTION; SUBWAYS; MODELS; COST; PREFERENCES; POLLUTANTS; ALLOCATION;
D O I：
10.1257/aer.20220212
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We estimate an equilibrium sorting model of housing location and commuting mode choice with endogenous trafic congestion to evaluate urban transportation policies. Leveraging ine-scale data from travel diaries and housing transactions identifying residents' home and work locations, , we recover rich preference heterogeneity over both travel mode and residential location decisions. While different policies produce the same congestion reduction, , their impacts on social welfare differ drastically. In addition, , sorting undermines the congestion reduction under driving restrictions and subway expansion but strengthens it under congestion pricing. The combination of congestion pricing and subway expansion delivers the greatest congestion relief and eficiency gains.
引用
收藏
页码：3161 / 3205
页数：45
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