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    題名: Three Essays on Urban Growth and Development
    作者: Chang, Sheng-Wen
    貢獻者: 財政系
    關鍵詞: Social sciences;Urban growth;Development;Housing;Drug policy
    日期: 2000.05
    上傳時間: 2014-11-03 14:21:38 (UTC+8)
    摘要: This dissertation consists of three essays on urban growth and development. The first essay seeks to discover the relationship between central cities and suburbs. We develop a structural vector autoregression for a model of suburban and central city sectoral employment. Orthogonalized shocks attributable to national, sectoral, suburban, central city, and local sectoral sources can be identified and used to delineate the sources of fluctuations in sectoral movements in the two parts of the metropolitan area. We apply the model to four MSAs and find that in the short run there is very little in the way of feedback between central city and suburban employment; local shocks matter most of all. In the long run there is a substantial number of city-industries where demand and/or supply shocks have spillover effects across the border of central city and suburb. The second essay aims to link the housing sector and urban growth with the consideration of Jacobs externalities. We construct a two-sector general-equilibrium endogenous-growth model with spatial interactions in which the Jacobs externalities is the centripetal force towards agglomeration. Based on numerical analyses, we find the existence of a non-degenerate balanced growth equilibrium that is saddle-path stable and characterize the equilibrium properties with respect to preference, production and spatial parameters. In the presence of the Jacobs externalities, the decentralized equilibrium features under-investment, under-saving, low market labor participation, low growth and low housing prices compared to the social optimum. Debate over the control of drug activities in cities is concerned with the appropriateness of implementing demand- and supply-side drug policies. The third essay is motivated by the lack of research providing economic underpinning for the implementation of either policy. We construct a simple model of drug activities in which the drug price and the distribution of population in a community drug price are determined according to a career choice rule and a predetermined drug demand. Since the supply-side policy has an adverse effect on reducing the population of drug dealers, the demand-side policy is a better choice especially for low income neighborhood.
    關聯: UMI Dissertation, The Pennsylvainia State University 2000
    資料類型: book/chapter
    顯示於類別:[財政學系] 專書/專書篇章

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