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作者

Gabriel Loumeau

来源

来源 JOURNAL OF URBAN ECONOMICS,Vol.137,P.

语言

英文

关键字

R53;H11;R12;Location;Facility;General equilibrium;Commuting;Interrupted search

作者单位

ETH Zürich, Department of Management, Technology, and Economics, Leonhardstrasse 21, Zurich 8092, Switzerland;ETH Zürich, Department of Management, Technology, and Economics, Leonhardstrasse 21, Zurich 8092, Switzerland

摘要

This paper proposes a novel approach to evaluate location decisions for public facilities. The approach addresses, not only the standard distance-minimizing problem, but also the endogenous location decisions of individuals. The paper develops a quantifiable general equilibrium model with endogenous (residential and commercial) densities, housing prices, commutes to work, as well as to public/private facilities. The framework is applied to the case of secondary schools in Paris’ greater region at a 1km2 geographical scale. The analysis reveals that the observed location decisions made between 2001 and 2015 underestimate the endogenous reaction of individuals. A more decentralized strategy is predicted to increase welfare growth by 10 percent, reduce density in Paris’ center, and shorten commuting times to school globally.