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hal.structure.identifierLaboratoire d'Economie de Dauphine [LEDa]
dc.contributor.authorGaté, Romain
HAL ID: 173930
ORCID: 0000-0002-1605-4973
dc.date.accessioned2019-12-02T16:59:00Z
dc.date.available2019-12-02T16:59:00Z
dc.date.issued2019
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/20299
dc.language.isoenen
dc.subjectPolycentric cityen
dc.subjectSecond-best policiesen
dc.subjectCongestionen
dc.subjectWelfareen
dc.subjectUrban land useen
dc.subject.ddc338.9en
dc.subject.classificationjelR.R1.R13en
dc.subject.classificationjelR.R1.R14en
dc.subject.classificationjelR.R2.R21en
dc.subject.classificationjelR.R4.R41en
dc.subject.classificationjelR.R4.R48en
dc.titleEfficiency of road pricing schemes with endogenous workplace locations in a polycentric cityen
dc.typeDocument de travail / Working paper
dc.description.abstractenThis paper aims to measure the efficiency of different road pricing schemes (Pigouvian tax, flat tax and cordon toll) to address congestion externalities when the locations of jobs and dwellings within a city are endogenous. The model captures the fact that commuters face a trade-off between taking advantage of the wage premium in the Central Business District (CBD) and being stuck in traffic. I find that the Pigouvian tax strategy is not a social optimum due to the presence of two market failures in the urban economy: congestion and misallocation of jobs within the city. A Pigouvian tax on commuters cannot solve two different problems simultaneously, namely, reducing the congestion level given the locations of jobs and reaching the optimal spatial allocation of firms. Without regulation, the number of jobs in the CBD is too high (and the congestion cost is excessive), while the Pigouvian tax generates a CBD that is too small. In addition, a flat tax is not necessarily worse than a Pigouvian tax, in contrast to the cordon toll.en
dc.publisher.cityRennesen
dc.identifier.citationpages46en
dc.relation.ispartofseriestitleWorking papers CREMen
dc.identifier.urlsitehttps://halshs.archives-ouvertes.fr/CREM-RRC/halshs-02335766v1en
dc.subject.ddclabelCroissance et développement économiquesen
dc.description.ssrncandidatenonen
dc.description.halcandidatenonen
dc.description.readershiprechercheen
dc.description.audienceInternationalen
dc.date.updated2019-11-21T10:54:03Z
hal.author.functionaut


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