TY - JOUR
T1 - The effects of an equiproportional transport improvement in a fully-closed Monocentric City
AU - Arnott, Richard
AU - Pines, David
AU - Sadka, Efraim
N1 - Funding Information:
*This paper was written when Arnott was a Visiting Professor at Tel-Aviv University. He would like to thank the Social Sciences and Humanities Research Council of Canada for financing the visit. Pines and Sadka’s research was supported by funds granted to the Foerder Institute for Economic Research by Bank Leumi Le-Israel.
PY - 1986/8
Y1 - 1986/8
N2 - This paper investigates the effects of an equiproportional transport improvement (or, equivalently, a fall in the 'price' of transportation) in a fully-closed monocentric city. It focuses on the impact of the improvement on aggregate land rents, differential land rents, and aggregate transport costs. The elasticity of the aggregate transport demand is related to the elasticity of substitution between land and all other goods and the compensated elasticity of demand for land.
AB - This paper investigates the effects of an equiproportional transport improvement (or, equivalently, a fall in the 'price' of transportation) in a fully-closed monocentric city. It focuses on the impact of the improvement on aggregate land rents, differential land rents, and aggregate transport costs. The elasticity of the aggregate transport demand is related to the elasticity of substitution between land and all other goods and the compensated elasticity of demand for land.
UR - http://www.scopus.com/inward/record.url?scp=38249039290&partnerID=8YFLogxK
U2 - 10.1016/0166-0462(86)90031-1
DO - 10.1016/0166-0462(86)90031-1
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AN - SCOPUS:38249039290
SN - 0166-0462
VL - 16
SP - 387
EP - 406
JO - Regional Science and Urban Economics
JF - Regional Science and Urban Economics
IS - 3
ER -
