Richard Arnott
Dados Biográficos
| ID | 709251 |
|---|---|
| NOME | Richard Arnott |
| PRENOMES | Richard |
| SOBRENOME | Arnott |
| ASSINATURA | ARNOTT R |
| AFILIAÇÕES | Boston College |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 36 |
| TOTAL DE CITAÇÕES | 208 |
| TOTAL COMO AUTOR | 36 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1977 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 2022 |
| ÍNDICE H | 8 |
Market power and urban housing development
This paper investigates the relationship between market power and urban housing development in a two-period, partial equilibrium model of a durable rental housing market with a fixed stock of homogeneous land, a convex housing construction technology, and no externalities. We contrast the planning solution and the monopoly solution. Since we employ social surplus analysis, the competitive equilibrium coincides with the planning solution. Thus, we…
A new way of evaluating the optimality of a transportation improvement in a class of urban land use models
At the optimum, the cost of, and resource savings from an infinitesimal transportation improvement are equal. The improvement changes the equilibrium allocation. In first-best economies, however by the envelope theorem, this reallocation does not have a first-order effect; therefore, the resource savings can be measured at the pre-improvement allocation. When the pre-improvement allocation is expressed in terms of physical location, the resource …
Is higher-quality land developed earlier
Is higher-quality land developed earlier? To answer this question, the paper applies comparative static analysis to the Arnott–Lewis model of the transition of land from agricultural to urban use. It is shown that (i) an increase in agricultural fertility increases structural density and delays development; (ii) a decrease in land preparation cost reduces structural density and hastens development; and (iii) both an increase in amenities and a de…
Housing Economics
Downtown curbside parking capacity
A bathtub model of downtown traffic congestion
What Planners Need to Know about the “New Urban Economics”
Economists and planners are often at loggerheads. Economists see the strengths of markets while planners see their weaknesses. This article aims to initiate a productive dialogue between economists and planners. It introduces competitive general equilibrium theory, looking at the new urban economics, which is essentially competitive general equilibrium theory applied to the city. It gives a brief intellectual history of the new urban economics an…
The stability of downtown parking and traffic congestion
Pollution and land use
Congestion tolling with agglomeration externalities
An integrated model of downtown parking and traffic congestion
Handbook of Regional and Urban Economics, Volume 4
Does the Henry George Theorem Provide a Practical Guide to Optimal City Size
The spatial distribution of economic activity is determined by a balancing of increasing and decreasing returns to scale activities. The Henry George Theorem states roughly that, if economic activity is efficiently organized over a "large" space, aggregate land rents equal the aggregate losses from the decreasing returns to scale activities. Kanemoto, Ohkawara, and Suzuki have tentatively applied the Henry George Theorem to investigate whether To…
The Panexponential Monocentric Model
A general equilibrium spatial model of housing quality and quantity
Modeling Parking
Economic Theory and the Spatial Mismatch Hypothesis
The spatial mismatch hypothesis is that "Serious limitations on black residential choice, combined with the steady dispersal of jobs from central cities, are responsible for the low rates of employment and low earnings of Afro-American workers" (Kain, 1994, p. 371). Despite a wealth of related empirical studies, there has been little work formalising the hypothesis. This paper presents a trade-theoretic model, with three regions (downtown, suburb…
Transport project appraisal/ cost—benefit analysis
Taxi Travel Should Be Subsidized
Financing Capacity in the Bottleneck Model
Time for Revisionism on Rent Control
Economists' traditional hostility to rent contols is based on models that treat the housing market as perfectly competitive and on the experience with 'hard' controls in New York City and many European countries following World War II. The current 'soft' rent control systems in North America are varied and qualitatively different from earlier hard controls. The theoretical case against them is weak, particularly when the housing market is viewed …
Technological Progress in a Model of the Housing – Land Cycle
Economics of a bottleneck
The Normative Bases of Rent Regulation
Spatial aspects of housing quality, density, and maintenance
Time for Revisionism on Rent Control
Economists' traditional hostility to rent contols is based on models that treat the housing market as perfectly competitive and on the experience with 'hard' controls in New York City and many European countries following World War II. The current 'soft' rent control systems in North America are varied and qualitatively different from earlier hard controls. The theoretical case against them is weak, particularly when the housing market is viewed …
The Transition of Land to Urban Use
This paper investigates the economics of the transition of land from rural to urban use. A simple model is employed to examine the developer's problem: When and at what destiny should vacant land be developed to maximize the present value of the Land? A series of rules emerges from the analysis to the timing and density of new development. In the latter half of the paper, the rules are tested against recent Canadian experience and peform well
Optimal city size in a spatial economy
Economics of a bottleneck
The effects of the property tax
Optimal fiscal policy for a state or local government
Economic Theory and the Spatial Mismatch Hypothesis
The spatial mismatch hypothesis is that "Serious limitations on black residential choice, combined with the steady dispersal of jobs from central cities, are responsible for the low rates of employment and low earnings of Afro-American workers" (Kain, 1994, p. 371). Despite a wealth of related empirical studies, there has been little work formalising the hypothesis. This paper presents a trade-theoretic model, with three regions (downtown, suburb…
Does the Henry George Theorem Provide a Practical Guide to Optimal City Size
The spatial distribution of economic activity is determined by a balancing of increasing and decreasing returns to scale activities. The Henry George Theorem states roughly that, if economic activity is efficiently organized over a "large" space, aggregate land rents equal the aggregate losses from the decreasing returns to scale activities. Kanemoto, Ohkawara, and Suzuki have tentatively applied the Henry George Theorem to investigate whether To…
Congestion tolling with agglomeration externalities
An integrated model of downtown parking and traffic congestion
Modeling Parking
Aggregate Land Rents and Aggregate Transport Costs
This paper explores the relationship between aggregate land rents and aggregate transport costs for land markets in which locations differ solely in terms of accessibility. That there exists a relationship between land rents and transport costs has been recognized at least since the time of von Thunen. The precise relationship between the two is, however, not generally well-understood. For instance, until quite recently it was considered correct …
Spatial aspects of housing quality, density, and maintenance
The reduced form price elasticity of housing
The welfare implications of spatial interdependence
The stability of downtown parking and traffic congestion
Financing Capacity in the Bottleneck Model
A bathtub model of downtown traffic congestion
Taxi Travel Should Be Subsidized
Social Welfare Underpinnings of Urban Bias and Unemployment
The reallocation of labour from rural to urban areas, although an historical concomitant of growth in per capita incomes, is widely viewed to be a troublesome process. It is a general belief that poor countries are somehow over-urbanised and migration excess'ive, that urban unemployment or underemployment is a problem, and that the investments to accommodate an expanding urban population are unjustifiably burdensome. Many governments have reacted…
Downtown curbside parking capacity
Pollution and land use
The Panexponential Monocentric Model
Handbook of Regional and Urban Economics, Volume 4
Technological Progress in a Model of the Housing – Land Cycle
The effects of the property tax
The reduced form price elasticity of housing
The welfare implications of spatial interdependence
Optimal city size in a spatial economy
The Transition of Land to Urban Use
This paper investigates the economics of the transition of land from rural to urban use. A simple model is employed to examine the developer's problem: When and at what destiny should vacant land be developed to maximize the present value of the Land? A series of rules emerges from the analysis to the timing and density of new development. In the latter half of the paper, the rules are tested against recent Canadian experience and peform well
Optimal fiscal policy for a state or local government
Aggregate Land Rents and Aggregate Transport Costs
This paper explores the relationship between aggregate land rents and aggregate transport costs for land markets in which locations differ solely in terms of accessibility. That there exists a relationship between land rents and transport costs has been recognized at least since the time of von Thunen. The precise relationship between the two is, however, not generally well-understood. For instance, until quite recently it was considered correct …
Rent Control and Options for Decontrol in Ontario (Policy Study Series)
Rent Control
Quelques résultats relatifs à l'analyse économique des flux de trafic non stationnaires
[eng] Some issues related to the economics of now-stationary state traffic flow R. Arnott The paper starts off with a brief state of the art review of the economies of stationary state traffic flow. This is followed by a critique of the theory, and a discussion of how economics and traffic engineering might be used to develop some aspects of the economics of non-stationary-state traffic flow. [fre] Ce papier correspond à une étape de la recherche…
Spatial aspects of housing quality, density, and maintenance
Social Welfare Underpinnings of Urban Bias and Unemployment
The reallocation of labour from rural to urban areas, although an historical concomitant of growth in per capita incomes, is widely viewed to be a troublesome process. It is a general belief that poor countries are somehow over-urbanised and migration excess'ive, that urban unemployment or underemployment is a problem, and that the investments to accommodate an expanding urban population are unjustifiably burdensome. Many governments have reacted…
The Normative Bases of Rent Regulation
Economics of a bottleneck
Technological Progress in a Model of the Housing – Land Cycle
Financing Capacity in the Bottleneck Model
Time for Revisionism on Rent Control
Economists' traditional hostility to rent contols is based on models that treat the housing market as perfectly competitive and on the experience with 'hard' controls in New York City and many European countries following World War II. The current 'soft' rent control systems in North America are varied and qualitatively different from earlier hard controls. The theoretical case against them is weak, particularly when the housing market is viewed …
Taxi Travel Should Be Subsidized
Transport project appraisal/ cost—benefit analysis
Economic Theory and the Spatial Mismatch Hypothesis
The spatial mismatch hypothesis is that "Serious limitations on black residential choice, combined with the steady dispersal of jobs from central cities, are responsible for the low rates of employment and low earnings of Afro-American workers" (Kain, 1994, p. 371). Despite a wealth of related empirical studies, there has been little work formalising the hypothesis. This paper presents a trade-theoretic model, with three regions (downtown, suburb…
A general equilibrium spatial model of housing quality and quantity
Modeling Parking
The Panexponential Monocentric Model
Does the Henry George Theorem Provide a Practical Guide to Optimal City Size
The spatial distribution of economic activity is determined by a balancing of increasing and decreasing returns to scale activities. The Henry George Theorem states roughly that, if economic activity is efficiently organized over a "large" space, aggregate land rents equal the aggregate losses from the decreasing returns to scale activities. Kanemoto, Ohkawara, and Suzuki have tentatively applied the Henry George Theorem to investigate whether To…
Handbook of Regional and Urban Economics, Volume 4
Economics (32 obras) · Microeconomics (19 obras) · Engineering (17 obras) · Computer Science (13 obras) · Regional Economics and Spatial Analysis (13 obras) · Transportation Planning and Optimization (11 obras) · Geography (10 obras) · Housing Market and Economics (10 obras) · Market economy (10 obras) · Transport engineering (10 obras)