Discussion Papers, Department of Finance and Management Science, Norwegian School of Economics (NHH)
No 2009/3:
Congested Interregional Infrastructure, Road Pricing and Regional Labour Markets
David Philip McArthur ()
, Inge Thorsen ()
and Jan Ubøe ()
Abstract: Traffic congestion and the policies to combat it have been
studied extensively. However, most studies neglect the labour market
impacts of congestion. Many also fail to account for the simultaneity
between commuting and migration. This paper models impacts such as
unemployment disparities, changes in commuting flows and changes in the
flow of migrants by adopting an agent based simulation approach. This
approach has the strength that it allows the simultaneous consideration of
commuting, migration and labour force participation decisions. The results
obtained have important theoretical and policy implications and show how an
"optimal" charge may, in fact, be sub-optimal.
Keywords: Congestion; Road pricing; Agent-based approach; Spatial interaction; Infrastructure investment; (follow links to similar papers)
JEL-Codes: J61; R12; R23; R41; R48; (follow links to similar papers)
24 pages, April 14, 2009
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
0309.pdf 
Download Statistics
Questions (including download problems) about the papers in this series should be directed to Stein Fossen ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design by Joachim Ekebom
