Abstract
This paper analyses theoretically the effect of transportation and housing subsidies on urban sprawl, modal choice decisions and urban spatial structure using a spatial general equilibrium model in a monocentric city with two transport modes. Our analysis shows that public transit subsidy leads to urban shrink, whilst subsidizing automobile and housing make the city sprawl. We also find the effects of the other factors on urban sprawl, such as households income and demand, rural land rent, the income tax rate, the total fixed cost of public transit and automobile and the travelling marginal cost of public transit and automobile. Furthermore, this paper also studies how to maximize the urban-area-wide spatial equilibrium utility level.
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- The Effect of Transportation and Housing Subsidies on Urban Sprawl
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Articles in the same Issue
- Electricity Price of Hybrid Power System and Decision Making of Renewable Energy Investment Capacity
- Modeling Analysis of Complex Products Resource Integration Behavior Under Distributed Collaborative Technology Innovation Mode
- The Effect of Transportation and Housing Subsidies on Urban Sprawl
- Centralized Decisions for a Two-Stage Supply Chain with Price-Discount Dependent Demand
- A Metaheuristic Approach to Optimize European Call Function with Boundary Conditions
- Headings of UCAV Based on Nash Equilibrium
- Interpolation Method Research and Precision Analysis of GPS Satellite Position