Cordon Pricing and Land-Use Regulation
This study explores the simultaneous imposition of cordon pricing and land-use regulations in a continuous and closed monocentric city with homogeneous households. Results reveal the optimal level of a single cordon toll and its location and the optimal floor area ratio (FAR) regulation, clarifying...
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| Veröffentlicht in: | The Scandinavian journal of economics 2017-04, Vol.119 (2), p.405-434 |
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| container_end_page | 434 |
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| container_issue | 2 |
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| container_title | The Scandinavian journal of economics |
| container_volume | 119 |
| creator | Kono, Tatsuhito Kawaguchi, Hiroya |
| description | This study explores the simultaneous imposition of cordon pricing and land-use regulations in a continuous and closed monocentric city with homogeneous households. Results reveal the optimal level of a single cordon toll and its location and the optimal floor area ratio (FAR) regulation, clarifying what distortions remain in the existence of cordon pricing and FAR regulation. Among other results, this paper shows that, with an optimal cordon toll, FAR regulation should alternate between a minimum and a maximum regulation, both inside and outside the cordon line. |
| doi_str_mv | 10.1111/sjoe.12167 |
| format | Article |
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Among other results, this paper shows that, with an optimal cordon toll, FAR regulation should alternate between a minimum and a maximum regulation, both inside and outside the cordon line.</description><identifier>ISSN: 0347-0520</identifier><identifier>EISSN: 1467-9442</identifier><identifier>DOI: 10.1111/sjoe.12167</identifier><language>eng</language><publisher>Oxford: John Wiley & Sons Ltd</publisher><subject>Analysis ; Cities ; Congestion ; cordon pricing ; Economic theory ; floor area ratio ; Households ; Land use ; land‐use regulation ; Pricing policies ; R11 ; R13 ; R14 ; Regulation ; road investment ; Studies ; urban growth boundary</subject><ispartof>The Scandinavian journal of economics, 2017-04, Vol.119 (2), p.405-434</ispartof><rights>The editors of The Scandinavian Journal of Economics 2017</rights><rights>The editors of 2015.</rights><rights>2017 The editors of The Scandinavian Journal of Economics.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c4867-9fa0797d805dc37a0bd1ea4df58a61763224334bcf4974d1d05f1ad7e78f40d13</citedby><cites>FETCH-LOGICAL-c4867-9fa0797d805dc37a0bd1ea4df58a61763224334bcf4974d1d05f1ad7e78f40d13</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/45097625$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/45097625$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,776,780,799,1411,27903,27904,45553,45554,57996,58229</link.rule.ids></links><search><creatorcontrib>Kono, Tatsuhito</creatorcontrib><creatorcontrib>Kawaguchi, Hiroya</creatorcontrib><title>Cordon Pricing and Land-Use Regulation</title><title>The Scandinavian journal of economics</title><description>This study explores the simultaneous imposition of cordon pricing and land-use regulations in a continuous and closed monocentric city with homogeneous households. Results reveal the optimal level of a single cordon toll and its location and the optimal floor area ratio (FAR) regulation, clarifying what distortions remain in the existence of cordon pricing and FAR regulation. Among other results, this paper shows that, with an optimal cordon toll, FAR regulation should alternate between a minimum and a maximum regulation, both inside and outside the cordon line.</description><subject>Analysis</subject><subject>Cities</subject><subject>Congestion</subject><subject>cordon pricing</subject><subject>Economic theory</subject><subject>floor area ratio</subject><subject>Households</subject><subject>Land use</subject><subject>land‐use regulation</subject><subject>Pricing policies</subject><subject>R11</subject><subject>R13</subject><subject>R14</subject><subject>Regulation</subject><subject>road investment</subject><subject>Studies</subject><subject>urban growth boundary</subject><issn>0347-0520</issn><issn>1467-9442</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2017</creationdate><recordtype>article</recordtype><recordid>eNp90M9LwzAUB_AgCs7pxbtQEESEzveapEmPMuYvBhN155A16WjpmpmsjP33dlY9eDCH5PL5vhe-hJwjjLA7t6FydoQJpuKADJClIs4YSw7JACgTMfAEjslJCBUAcAo4IFdj541rohdf5mWzjHRjoml3xfNgo1e7bGu9KV1zSo4KXQd79v0Oyfx-8j5-jKezh6fx3TTOmdwvKzSITBgJ3ORUaFgYtJqZgkudokhpkjBK2SIvWCaYQQO8QG2EFbJgYJAOyXU_d-3dR2vDRq3KkNu61o11bVAoM2Q0kxI6evmHVq71Tfe7TkmQXFCWdeqmV7l3IXhbqLUvV9rvFILaV6b2lamvyjqMPd6Wtd39I9Xb82zyk7noM1XYOP-bYRwykSacfgK0knT5</recordid><startdate>201704</startdate><enddate>201704</enddate><creator>Kono, Tatsuhito</creator><creator>Kawaguchi, Hiroya</creator><general>John Wiley & Sons Ltd</general><general>Blackwell Publishing Ltd</general><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope></search><sort><creationdate>201704</creationdate><title>Cordon Pricing and Land-Use Regulation</title><author>Kono, Tatsuhito ; Kawaguchi, Hiroya</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c4867-9fa0797d805dc37a0bd1ea4df58a61763224334bcf4974d1d05f1ad7e78f40d13</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2017</creationdate><topic>Analysis</topic><topic>Cities</topic><topic>Congestion</topic><topic>cordon pricing</topic><topic>Economic theory</topic><topic>floor area ratio</topic><topic>Households</topic><topic>Land use</topic><topic>land‐use regulation</topic><topic>Pricing policies</topic><topic>R11</topic><topic>R13</topic><topic>R14</topic><topic>Regulation</topic><topic>road investment</topic><topic>Studies</topic><topic>urban growth boundary</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Kono, Tatsuhito</creatorcontrib><creatorcontrib>Kawaguchi, Hiroya</creatorcontrib><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>The Scandinavian journal of economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Kono, Tatsuhito</au><au>Kawaguchi, Hiroya</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Cordon Pricing and Land-Use Regulation</atitle><jtitle>The Scandinavian journal of economics</jtitle><date>2017-04</date><risdate>2017</risdate><volume>119</volume><issue>2</issue><spage>405</spage><epage>434</epage><pages>405-434</pages><issn>0347-0520</issn><eissn>1467-9442</eissn><abstract>This study explores the simultaneous imposition of cordon pricing and land-use regulations in a continuous and closed monocentric city with homogeneous households. 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| fulltext | fulltext |
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| ispartof | The Scandinavian journal of economics, 2017-04, Vol.119 (2), p.405-434 |
| issn | 0347-0520 1467-9442 |
| language | eng |
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| source | Wiley Online Library Journals Frontfile Complete; Business Source Complete; Jstor Complete Legacy |
| subjects | Analysis Cities Congestion cordon pricing Economic theory floor area ratio Households Land use land‐use regulation Pricing policies R11 R13 R14 Regulation road investment Studies urban growth boundary |
| title | Cordon Pricing and Land-Use Regulation |
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