Comparative statics of a residential economy with several classes

Hartwick, John M.; Schweizer, Urs; Varaiya, Pravin

doi:10.1016/0022-0531(76)90049-1

Cited by 81 publications

(40 citation statements)

References 5 publications

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“…Our model of a monocentric city is the standard model with two income classes (see, e.g., Wheaton, 1976;Hartwick et al, 1976). We begin with the case of a linear city with unit width.…”

Section: The Monocentric Citymentioning

confidence: 99%

“…Second, there are positive papers which study the effect of subsidies on urban sprawl, which is generally found to be positive (Brueckner, 2003;Arnott, 1998 Methodologically, our paper builds on the model of a monocentric city model with two income classes (see Wheaton, 1976;Hartwick et al, 1976). Moreover, we use a model with (partial) public land ownership, a case which was analysed by Pines and Sadka (1986).…”

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confidence: 99%

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Political economy of commuting subsidies

Borck

Wrede

2005

Journal of Urban Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in EconStor may POLITICAL ECONOMY OF COMMUTING SUBSIDIES AbstractWe study the political economy of commuting subsidies in a model of a mono-centric city with two income classes. Depending on housing demand and transport costs, either the rich or the poor live in the central city and the other group in the suburbs. Commuting subsidies increase the net income of those with long commutes or high transport costs. They also affect land rents and therefore the income of landowners. The paper studies how the locational pattern of the two income classes and the incidence of landownership affects the support for commuting subsidies.JEL Code: R14, R48.

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“…Our model of a monocentric city is the standard model with two income classes (see, e.g., Wheaton, 1976;Hartwick et al, 1976). We begin with the case of a linear city with unit width.…”

Section: The Monocentric Citymentioning

confidence: 99%

mentioning

confidence: 99%

Political economy of commuting subsidies

Borck

Wrede

2005

Journal of Urban Economics

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“…The effect of relaxing this assumption has been discussed by Mills (1972b) and extensively analyzed by Muth (1969), who offers a complete treatment of the effect of income differences on household location. In addition, Hartwick et al (1976) and Wheaton (1976) present comparative static analyses of the equilibrium of a city with multiple income groups. The results of these studies show that many of the key properties of the model are unaffected by income heterogeneity.…”

Section: Modifications Of the Modelmentioning

confidence: 99%

Chapter 20 The structure of urban equilibria: A unified treatment of the muth-mills model

Brueckner

1987

Handbook of Regional and Urban Economics

341

254

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“…However, this custom is not necessarily found in other countries. The other case was analyzed more typically in the urban economics literature, such as Wheaton [27], Hartwick et al [10], Braid [5] and Arnott et al [3]. Haurin [11] and White [28] discussed the comparisons of surpluses for companies in different subsidy systems.…”

Section: U(t S I I − P K(ts) ) = −22t + 31s + 80 I I − P K(ts) mentioning

confidence: 99%

“…We remark that a particular comparative statics is not our focus; instead, we will focus on certain general properties of the behavior of rent vectors when some changes occur in parameters. 10 Keeping this remark in mind, first we explain our comparative statics.…”

Section: The Basic Comparative Statics Theoremmentioning

confidence: 99%

Duality in comparative statics in rental housing markets with indivisibilities

Kaneko

Ito

Osawa

2006

Journal of Urban Economics

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We present certain duality results on comparative statics on competitive rent vectors in the rental housing market model. In the model, apartments as indivisible goods are classified into a finite number of categories, and are traded for one composite commodity. Our concern is about certain general properties of the behavior of rents with parameter changes. In particular, the rent changes are intimately related to the boundary income changes of the categories of apartments. Both changes are endogenously determined in equilibrium. We will show that these changes exhibit nice dual structures. We will also apply our model and comparative statics to a rental housing market in the Tokyo metropolitan area.  2005 Elsevier Inc. All rights reserved.JEL classification: R31; R30; D58

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Comparative statics of a residential economy with several classes

Cited by 81 publications

References 5 publications

Political economy of commuting subsidies

Political economy of commuting subsidies

Chapter 20 The structure of urban equilibria: A unified treatment of the muth-mills model

Duality in comparative statics in rental housing markets with indivisibilities

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