Congestion deterioration and transportation project evaluation

Kono, Tatsuhito; Morisugi, Hisayoshi; Miyahara, Fumi

doi:10.1007/s00168-006-0086-2

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Allais Surplus1

Introduction1

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2007

2024

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Cited by 3 publications

(2 citation statements)

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“…FD is caused by asymmetric income transfer among residential zones with a place-based policy. We can interpret FD as the migration fiscal externality generated by income transfer inefficiency by a place-based policy (Boadway and Flatters, 1982;Kono et al, 2007). FD indicates that place-based policies distort market allocation and decrease surplus.…”

Section: Allais Surplusmentioning

confidence: 99%

“…These two terms are generated by monopolistic competition among retail stores. On the other hand, the third term is the migration fiscal externality generated by income transfer inefficiency by a place-based policy (Boadway and Flatters, 1982;Kono et al, 2007). Place-based policies change social welfare through these three channels, changeing the scales of the deadweight losses and fiscal externalities.…”

Section: Introductionmentioning

confidence: 99%

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