The Effects of an Equiproportional Transport Improvement in a Fully-Closed Monocentric City
Richard Arnott,
David Pines and
Efraim Sadka
Working Paper from Economics Department, Queen's University
Abstract:
This paper investigates the effects of an equiproportional transport improvement in a fully-closed monocentric city. It focuses on the impact of the improvement on aggregate and differential land rents, and aggregate transport costs. The elasticity of aggregate transport demand is related to the elasticity of substitution between land and all other goods and the compensated elasticity of demand for land.
Pages: 29 pages
Date: 1985
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Journal Article: The effects of an equiproportional transport improvement in a fully-closed Monocentric City (1986) 
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:620
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