Commuting, Labor, and Housing Market Effects of Mass Transportation: Welfare and Identification
Commuting, Labor, and Housing Market Effects of Mass Transportation: Welfare and Identification
复制标题
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
复制
发表时间:
2018
影响因子:
8
通讯作者:
Christopher Severen
中科院分区:
文献类型:
--
作者:
Christopher Severen
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