Optimal regulation on building size and city boundary: An effective second-best remedy for traffic congestion externality

Optimal regulation on building size and city boundary: An effective second-best remedy for traffic congestion externality
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DOI:
10.1016/j.regsciurbeco.2012.02.004
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发表时间:
2012-07-01
影响因子:
3.1
通讯作者:
Yokoi, Takahisa
Yokoi, Takahisa
中科院分区:
经济学3区
文献类型:
--
作者:
Kono, Tatsuhito;Joshi, Kirti Kusum;Yokoi, Takahisa

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本文通过比较福利收益与最优收费制度下的福利收益,数值评价了拥挤封闭城市中建筑规模和城市规模管制的效率。结果表明,尽管城市增长边界(UGB)如预期的那样不能很好地替代收费制度,但在适当选择城市增长边界的情况下,对建筑规模的最优监管产生了显著的福利收益,从而有效地替代了最优收费制度。此外,建筑规模的最优调控不仅需要在边界位置向下调整市场人口密度,还需要在中心位置向上调整市场人口密度。爱思唯尔B.V.版权所有
This paper numerically evaluates the efficiency of regulations on building size and city size in a congested closed city by comparing welfare gain with that achieved under a first-best toll regime. Results show that whereas the urban growth boundary (UGB) is a poor substitute for the toll regime as expected, an optimal regulation on building size in the presence of a suitably chosen UGB yields significant welfare gain, producing an effective substitute for a first-best toll regime. Moreover, the optimal regulation on the building size requires not only downward adjustment to the market population density at the boundary locations but also upward adjustment at the central locations. Crown Copyright (C) 2012 Published by Elsevier B.V. All rights reserved.