Commuting, Labor, and Housing Market Effects of Mass Transportation: Welfare and Identification

Commuting, Labor, and Housing Market Effects of Mass Transportation: Welfare and Identification
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公共交通对通勤、劳动力和住房市场的影响:福利和身份认同

DOI:
10.1162/rest_a_01100
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发表时间:
2018
影响因子:
8
通讯作者:
Christopher Severen
Christopher Severen
中科院分区:
经济学1区
文献类型:
--
作者:
Christopher Severen

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摘要我研究了洛杉矶地铁铁路的影响,使用面板数据的双边通勤流量,定量空间模型,和历史动机的准实验研究设计。该模型将公共交通的通勤效应与当地生产力或舒适性效应分开,空间转移-份额工具确定了无弹性的劳动力和住房供应。地铁连接增加了16%的通勤,但对当地的生产力或设施没有太大的影响。到2000年,地铁铁路每年产生9400万美元的收益,占年化成本的12-25%。考虑到减少拥堵和缓慢的交通采用,最多每年再增加2亿美元的收益。
Abstract I study Los Angeles Metro Rail's effects using panel data on bilateral commuting flows, a quantitative spatial model, and historically motivated quasi-experimental research designs. The model separates transit's commuting effects from local productivity or amenity effects, and spatial shift-share instruments identify inelastic labor and housing supply. Metro Rail connections increase commuting by 16% but do not have large effects on local productivity or amenities. Metro Rail generates $94 million in annual benefits by 2000 or 12–25% of annualized costs. Accounting for reduced congestion and slow transit adoption adds, at most, another $200 million in annual benefits.
DOI: 10.3386/w25487
发表时间: 2019-01
期刊: Econometric Modeling: Macroeconomics eJournal
影响因子: --
作者:
Treb Allen;Costas Arkolakis
通讯作者: Treb Allen;Costas Arkolakis