发布求助
文献互助 智能选刊 最新文献

Regional Science and Urban Economics最新文献

筛选
英文 中文
Financing local public projects 为地方公共项目融资
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-10-03 DOI: 10.1016/j.regsciurbeco.2023.103950
Levon Barseghyan, Stephen Coate
{"title":"Financing local public projects","authors":"Levon Barseghyan,&nbsp;Stephen Coate","doi":"10.1016/j.regsciurbeco.2023.103950","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2023.103950","url":null,"abstract":"<div><p><span>This paper studies the financing of local public projects. The setting is a community with durable housing, undeveloped land available for new homes, and population turnover. The community invests in a public project that may be financed with a mix of a tax on current residents and a debt issue. The paper shows that financing with a debt–tax mix is equivalent to pure tax </span>finance<span> coupled with a tax on future development whose proceeds are shared by future residents. This result has three implications. First, Ricardian Equivalence holds if and only if there would be no future development were the project purely tax financed. Second, when Ricardian Equivalence does not hold, the optimal debt level is such that the associated tax on development appropriately internalizes the negative externalities from this development. Third, when Ricardian Equivalence does not hold, the debt level preferred by current residents will be higher than optimal.</span></p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"103 ","pages":"Article 103950"},"PeriodicalIF":3.1,"publicationDate":"2023-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50197394","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
An economic analysis of United States public transit carbon emissions dynamics 美国公共交通碳排放动态的经济学分析
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-23 DOI: 10.1016/j.regsciurbeco.2023.103947
Robert Huang , Matthew E. Kahn
{"title":"An economic analysis of United States public transit carbon emissions dynamics","authors":"Robert Huang ,&nbsp;Matthew E. Kahn","doi":"10.1016/j.regsciurbeco.2023.103947","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2023.103947","url":null,"abstract":"<div><p><span>During a time of rising concern about climate change, the urban public transit sector has not significantly reduced its </span>carbon footprint. Using data from the nation's transit agencies over the years 2002–2019, we document that the energy efficiency gains of United States public transit lagged the gains of European public transit and the domestic private transportation. The carbon footprint of a transportation provider depends on scale, composition, and technique effects. We use this accounting framework to explore several possible explanations for our findings. We contrast the incentive effects that a private entity versus a public transit agency faces in decarbonizing.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"103 ","pages":"Article 103947"},"PeriodicalIF":3.1,"publicationDate":"2023-09-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50197392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Backward-bending labor supply and urban location 劳动力供给落后与城市区位
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103935
Takatoshi Tabuchi
{"title":"Backward-bending labor supply and urban location","authors":"Takatoshi Tabuchi","doi":"10.1016/j.regsciurbeco.2023.103935","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2023.103935","url":null,"abstract":"<div><p>This study attempts to combine a labor supply model with a housing location model. We focus on the trade-off between hours of work, commute times, and leisure time as well as the trade-off between the consumption of a good, housing space, and leisure time. We show that both labor supply and urban location choice have an inverted U-shaped relationship regarding the wage rate. These results are empirically shown by using Japanese data on the hours of work and commute times by household income class and on the number of households by income class.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103935"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50188491","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does state tax reciprocity affect interstate commuting? Evidence from a natural experiment 州际税收互惠会影响州际通勤吗?来自自然实验的证据
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103923
Gary A. Wagner , Jonathan C. Rork
{"title":"Does state tax reciprocity affect interstate commuting? Evidence from a natural experiment","authors":"Gary A. Wagner ,&nbsp;Jonathan C. Rork","doi":"10.1016/j.regsciurbeco.2023.103923","DOIUrl":"10.1016/j.regsciurbeco.2023.103923","url":null,"abstract":"<div><p>This paper exploits the 2010 dissolution of the personal income tax<span> reciprocity agreement between Minnesota and Wisconsin to estimate how state tax policies affect interstate commuting. This policy shock increased tax liability for some commuters and tax compliance costs for all commuters. Using a synthetic control approach designed for panel data, we compare the interstate commuting behavior of Wisconsinites and Minnesotans to unaffected intrastate commuters who live and work in the same state, intrastate commuters who live in other large metro areas, and several multi-state metro areas in other states where income tax reciprocity remained intact. Post-dissolution, we find robust evidence that the number of interstate commuters in Wisconsin border counties falls between 3 and 5%, with stronger declines found for younger and middle-income workers.</span></p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103923"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48502055","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Aligning incentives: The effect of mortgage servicing rules on foreclosures and delinquency 调整激励措施：抵押贷款服务规则对止赎和拖欠的影响
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103922
Ryan Sandler
{"title":"Aligning incentives: The effect of mortgage servicing rules on foreclosures and delinquency","authors":"Ryan Sandler","doi":"10.1016/j.regsciurbeco.2023.103922","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2023.103922","url":null,"abstract":"<div><p>Foreclosures have large societal costs, and in many cases are more costly to mortgage-holders than the borrower resuming payments. In 2014, the U.S. Consumer Financial Protection Bureau (CFPB) implemented regulations for mortgage servicers aimed at addressing servicer conduct that may have led to unnecessary foreclosures in the late 2000s. The rule included a new requirement to delay foreclosure until borrowers were at least 120-days delinquent in most cases, up from typically 90 days. I use a large panel of mortgage performance data to estimate the effect of the CFPB rules on foreclosures, and on the ability of delinquent borrowers to recover and become current. I find the rule reduced the incidence of foreclosure within three years, and increased the incidence of recovery. The minimum delinquency requirement seems to have been a factor. In a separate analysis using a unique dataset of detailed loan-level information from seven mortgage servicing firms, borrowers who became 90-days delinquent after the rule went into effect were six percentage points less likely to have foreclosure initiated within two months. I also find that the rule had larger effects on loans that would be more likely to receive a successful loan modification based on mortgage holder policies.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103922"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50188488","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Spatial price discrimination in a mixed duopoly input market 混合双寡头投入市场中的空间价格歧视
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103934
John S. Heywood , Zerong Wang , Guangliang Ye
{"title":"Spatial price discrimination in a mixed duopoly input market","authors":"John S. Heywood ,&nbsp;Zerong Wang ,&nbsp;Guangliang Ye","doi":"10.1016/j.regsciurbeco.2023.103934","DOIUrl":"10.1016/j.regsciurbeco.2023.103934","url":null,"abstract":"<div><p>We uniquely examine an upstream mixed duopoly<span> engaging in spatial price discrimination across a continuum of downstream markets. The monopoly firms in those markets face elastic final demand creating double marginalization. The upstream public firm faces a cost disadvantage relative to its private rival that declines as it is partially privatized. We show that the fully public firm improves social welfare relative to a private duopoly when it is not overly inefficient and when differentiation is sufficiently large. We also show that whenever this is the case, there exists an optimal degree of partial privatization that better aligns the trade-off between production costs and pricing distortions.</span></p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103934"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45192913","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
(In)efficient commuting and migration choices: Theory and policy in an urban search model 有效通勤与迁移选择:基于城市搜索模型的理论与政策
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103936
Luca Marchiori, Julien Pascal, Olivier Pierrard
{"title":"(In)efficient commuting and migration choices: Theory and policy in an urban search model","authors":"Luca Marchiori,&nbsp;Julien Pascal,&nbsp;Olivier Pierrard","doi":"10.1016/j.regsciurbeco.2023.103936","DOIUrl":"10.1016/j.regsciurbeco.2023.103936","url":null,"abstract":"<div><p>We develop an urban search-and-matching model. There is a central city, where all firms and jobs are located, and a continuum of peripheral cities. The population endogenously splits between migrants (who relocate from their hometown to the central city), commuters (who travel every day to work in the central city) and home stayers (who remain in their hometown). We prove that the market equilibrium is usually not optimal: a composition externality may generate under- or over-migration compared to the central planner’s solution, which results in under-investment in job vacancies and therefore production. We calibrate the model to the Greater Paris area and quantify this externality. Results suggest over-migration but policy interventions can help reducing inefficiencies.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103936"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48375807","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Capital-skill complementarity and regional inequality: A spatial general equilibrium analysis 资本技能互补与区域不平等：一个空间一般均衡分析
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103937
Patrizio Lecca , Damiaan Persyn , Stelios Sakkas
{"title":"Capital-skill complementarity and regional inequality: A spatial general equilibrium analysis","authors":"Patrizio Lecca ,&nbsp;Damiaan Persyn ,&nbsp;Stelios Sakkas","doi":"10.1016/j.regsciurbeco.2023.103937","DOIUrl":"10.1016/j.regsciurbeco.2023.103937","url":null,"abstract":"<div><p>This paper employs a large scale numerical spatial general equilibrium model featuring capital-skill complementarities in production to study the distributional implications of a capital-augmenting technological shift across regions and skills groups. Similarly to the existing literature, we find a negative relationship between the labour income share and the capital labour-ratio. Our counterfactual shows that the effects are quite uneven across skills and regions, benefiting mostly high-skilled workers at the detriment of the low and the medium skilled. This is particularly so in more developed regions compared with less developed ones. We show that the effects stem from regional initial conditions, and in particular the regional capital–labour ratio, trade linkages and unemployment rates.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103937"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49126781","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The effect of adopting the Next Generation Air Transportation System (NextGen) on air travel performance 采用下一代航空运输系统（NextGen）对航空旅行性能的影响
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103918
Ziyan Chu , Yichen Christy Zhou
{"title":"The effect of adopting the Next Generation Air Transportation System (NextGen) on air travel performance","authors":"Ziyan Chu ,&nbsp;Yichen Christy Zhou","doi":"10.1016/j.regsciurbeco.2023.103918","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2023.103918","url":null,"abstract":"<div><p><span>The US Federal Aviation Administration (FAA) has implemented a large-scale multi-year infrastructure program called the Next Generation Air Transportation System (NextGen) to improve air transportation efficiency. To assess its efficacy, we estimate how NextGen projects completed between 2014 and 2017 affected air travel time and delays using an </span>event study<span> approach. We find sizable time savings in air travel time and delays from implementing NextGen. The time savings are more substantial for flights that experience unexpected shocks, such as poor weather and prior delays. In contrast, while NextGen seemed to close the performance gap between the hub and non-hub carriers generated by market power, the effect was short-lived and quickly reversed. Although we also find some small social benefits from carbon emission reductions, we cannot rule out that aggregate carbon emissions may have increased due to a rebound effect.</span></p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103918"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"50188489","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Highways and pedestrian deaths in US neighborhoods 美国社区的高速公路和行人死亡
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2023-09-01 DOI: 10.1016/j.regsciurbeco.2023.103938
Cody Nehiba , Justin Tyndall
{"title":"Highways and pedestrian deaths in US neighborhoods","authors":"Cody Nehiba ,&nbsp;Justin Tyndall","doi":"10.1016/j.regsciurbeco.2023.103938","DOIUrl":"10.1016/j.regsciurbeco.2023.103938","url":null,"abstract":"<div><p>Over 100,000 pedestrians have been struck and killed by vehicles on US roadways in the first two decades of the 21st century, representing an alarming public health issue. We examine the US Interstate Highway System’s legacy in contributing to local pedestrian deaths using historical Interstate Highway plans as an instrument for local Interstate construction. Operating an Interstate through a census tract increased local pedestrian deaths significantly. Among 17,000 tracts bisected by Interstates, we estimate the average tract experienced 2.5 additional pedestrian deaths between 2001–2020 due to the presence of the Interstate. We find these deaths occur disproportionately in Black communities.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"102 ","pages":"Article 103938"},"PeriodicalIF":3.1,"publicationDate":"2023-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42418082","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信