Abstract

http://ssrn.com/abstract=2432178
 


 



Distributional Consequences of Public Policies: An Example from the Management of Urban Vehicular Travel


Winston Harrington


Resources for the Future

Elena Safirova


Resources for the Future

Conrad Coleman


York University

Sébastien Houde


Stanford University

Adam Finkel


University of Pennsylvania Law School

March 13, 2014

U of Penn, Inst for Law & Econ Research Paper No. 14-21
Resources for the Future Discussion Paper No. 14-04

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.

Number of Pages in PDF File: 64

Keywords: growth management, urban planning, urban transportation, smart growth

JEL Classification: R13, R48, R52

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Date posted: May 3, 2014 ; Last revised: June 10, 2014

Suggested Citation

Harrington, Winston and Safirova, Elena and Coleman, Conrad and Houde, Sébastien and Finkel, Adam, Distributional Consequences of Public Policies: An Example from the Management of Urban Vehicular Travel (March 13, 2014). U of Penn, Inst for Law & Econ Research Paper No. 14-21; Resources for the Future Discussion Paper No. 14-04. Available at SSRN: http://ssrn.com/abstract=2432178 or http://dx.doi.org/10.2139/ssrn.2432178

Contact Information

Winston Harrington (Contact Author)
Resources for the Future ( email )
1616 P Street, NW
Washington, DC 20036
United States
(202) 328-5112 (Phone)
(202) 939-3460 (Fax)
Elena Safirova
Resources for the Future ( email )
1616 P Street, NW
Washington, DC 20036
United States
Conrad Coleman
York University
4700 Keele Street
Toronto, Ontario M3J 1P3
Canada
Sébastien Houde
Stanford University ( email )
Stanford, CA 94305
United States
Adam Finkel
University of Pennsylvania Law School ( email )
3501 Sansom Street
Philadelphia, PA 19104
United States
HOME PAGE: http://www.law.upenn.edu/academics/institutes/regulation/
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