The impact of transport, land and fiscal policy on housing and economic geography in a small, open growth model
The impact of transport, land and fiscal policy on housing and economic geography in a small, open growth model
复制标题
小型开放增长模式下交通、土地和财政政策对住房和经济地理的影响
DOI:
10.5198/jtlu.v6i1.239
复制
发表时间:
2013
影响因子:
1.9
通讯作者:
Wei
中科院分区:
文献类型:
--
作者:
Wei
This study proposes a spatial model to examine dynamic interactions among growth, economic geography, the housing market, and public goods in a small, open economic growth model. We emphasize the impact of transport, land and fiscal policy on the spatial economy. The economy consists of the industrial sector, housing sector and local public goods. The model synthesizes the main ideas in the neoclassical growth theory, the Alonso urban model and the Muth housing model within the neoclassical open, small-growth framework. We solve the dynamics of the economic system and simulate the model to demonstrate dynamic interactions among economic growth, the housing market, residential distribution and public goods over time and space. Our simulation demonstrates, for instance, that as the tax rate on land income is increased, the total capital stocks and the stocks employed by the housing and public sectors are increased, the land devoted to local public goods falls and land rents and housing rents rise over space, and the consumption level of industrial goods and the total expenditures on public goods are increased. Our integrating model provides some new insights that cannot be obtained from the component models.
DOI:
10.1017/cbo9780511805660
发表时间:
2002-05
期刊:
--
影响因子:
--
作者:
Masahisa Fujita;Jacques-François Thisse
通讯作者:
Masahisa Fujita;Jacques-François Thisse
DOI:
--
发表时间:
2010
期刊:
影响因子:
--
作者:
K.Kakamu;H.Wago;H.Tanizaki
通讯作者:
H.Tanizaki