2013 Fiscal Year Final Research Report
economic analysis on urban planning regulation: the second best policy for traffic congestion
Project/Area Number |
23530265
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Research Category |
Grant-in-Aid for Scientific Research (C)
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Allocation Type | Multi-year Fund |
Section | 一般 |
Research Field |
Applied economics
|
Research Institution | Tohoku University |
Principal Investigator |
ZHANG Yang 東北大学, 情報科学研究科, 助教 (60302204)
|
Co-Investigator(Kenkyū-buntansha) |
KONO Tatsuhito 東北大学, 大学院情報科学研究科, 教授 (00344713)
|
Project Period (FY) |
2011 – 2013
|
Keywords | UGB規制 / FAR規制 / ファストベスト / セカンドベスト / 交通混雑 / 混雑料金 / 社会的最適 / 社会厚生 |
Research Abstract |
Comparing with the model of point CBD, assumption of area CBD leads new distortion, i.e., location externality to be emerged, which is unrecognized previously. Since CBD area shrinks with implementation of UGB restriction, for residents, commuting distance will be further than before so that their commuting cost will be increased, which weakens the effects of UGB restriction. If influence of location externality is less than that of congestion externality, UGB regulation is still an effective second policy to mitigate traffic congestion although the effect of such regulation is much smaller. On the other side, if influence of location externality is greater than that of congestion externality, UGB regulation will be ineffective completely. In such case, policy suggestion will encourage urban planner to expand urban boundary to improve social welfare. This research demonstrates that even in the framework of mono-centric city, it is possible that UGB regulation is ineffective.
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