Anti-congestion policies in cities with public transportation
研究在同时拥有汽车和公共交通通勤的单中心城市中,如何最优设计拥堵费和城市增长边界,发现公共交通的存在可能导致反拥堵政策反而引发城市蔓延。
We study how congestion tolls and an urban growth boundary should be designed optimally in a monocentric city with both car and public transit commuting from the suburbs to the central city. The existing monocentric city literature has repeatedly shown that mitigating the congestion externality causes the densification of population toward the city center. In contrast, we find the opposite of densification can occur if public transit mode is present. Modal substitution effect limits the centralizing force of anti-congestion policies. In addition, redistributing tax revenues among residents generates a decentralizing effect by increasing housing demand because marginal utility of income is higher in suburbs. At the optimum, mitigating congestion can cause urban sprawl depending on degree of substitutability between automobile and public transit, relative congestibility of the two modes, tax revenue redistribution and preferences for location and lot size.