Integrating Business Location Choices into Transport and Land Use Planning Tools
David Hensher,
Chinh Q. Ho,
Collins Teye,
Wen Liu and
Edward Wei
Journal of Transport Economics and Policy, 2020, vol. 54, issue 2, 121--150
Abstract:
We develop a capability within an integrated passenger, freight transport, and land use model to accommodate an endogenous treatment, in contrast to an exogenous treatment, of firm location choice and associated jobs, with feedback between travel and location resulting in the change in the total amount of business. Data from the Sydney Metropolitan Area is used to estimate firm location share models and illustrate how the model system is used in investigating the impact of cordon-based congestion charging in the Sydney Central Business District on changes in the number of firms and jobs in that zone, and locational redistribution response.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:tpe:jtecpo:2020:54:2:121--150
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