Document Type
Article
Publication Date
3-13-2014
Abstract
This paper uses a spatially disaggregated computable general equilibrium model of a large US metropolitan area to compare two kinds of policies, “Live Near Your Work” and taxation of vehicular travel, that have been proposed to help further the aims of “smart growth.” Ordinarily, policy comparisons of this sort focus on the net benefits of the two policies; that is, the total monetized net welfare gains or losses to all citizens. While the aggregate net benefits are certainly important, in this analysis we also disaggregate these benefits along two important dimensions: income and location within the metropolitan area. The resulting identification of gainers and losers with these policies, though undoubtedly important to matters such as fairness and political feasibility, are rarely made. We find that these distributional effects are quite sensitive to the details of policy design.
Keywords
growth management, urban planning, urban transportation, smart growth
Repository Citation
Harrington, Winston; Safirova, Elena; Coleman, Conrad; Houde, Sébastien; and Finkel, Adam M., "Distributional Consequences of Public Policies: An Example from the Management of Urban Vehicular Travel" (2014). All Faculty Scholarship. 1299.
https://scholarship.law.upenn.edu/faculty_scholarship/1299
Included in
Behavioral Economics Commons, Energy and Utilities Law Commons, Policy Design, Analysis, and Evaluation Commons, Public Economics Commons, Public Policy Commons, Social Policy Commons, State and Local Government Law Commons, Urban, Community and Regional Planning Commons, Urban Studies and Planning Commons