END 301 Lecture Notes - Lecture 11: Congestion Pricing, Central Place Theory, Location Theory
11 Jul 2016
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Growth group: view as growth generators, key to economic revitalization, care less about urban sprawl, value economic growth > environment. Control group: view as growth management policy, same reasons with the growth group, value the environment. Growth does not equal land use pattern change. Scale of the investment relative to the existing system. High costs of relocation for residents and firms. Ease of movement between places: interaction propensity, transportation network. Attractiveness: opportunities in a given place, generate derived trips, ex) shopping trips. Used to predict changes: from improvement, from deterioration. What changes resulted from accessibility change: activity location shift, productivity change, workers" net wage (increase from decrease in travel costs, worker"s spending (increase from decrease in travel costs) However, it may be a re distribution of economic activities. This leaves other parts of the city worse off. Standard urban economic theory: von thumen"s theory 1826, agricultural land rent and use, structure of cities, residential location choices.
