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Compact or Spread-Out Cities: Urban Planning, Taxation, and the Vulnerability to Transportation Shocks

This paper shows that cities made more compact by transportation taxation are more robust than spread-out cities to shocks in transportation costs. Such a shock, indeed, entails negative transition effects that are caused by housing infrastructure inertia and are magnified in low-density cities. Distortions due to a transportation tax, however, have in absence of shock detrimental consequences that need to be accounted for. The range of beneficial tax levels can, therefore, be identified as a function of the possible magnitude of future shocks in transportation costs. These taxation levels, which can reach significant values, reduce city vulnerability and prevent lock-ins in under-optimal situations.
[SHS.ECO] Humanities and Social Sciences/Economies and finances, 330, Inertia, H23, Vulnerability, R48, R21, [SDE.ES] Environmental Sciences/Environment and Society, [ SHS.ECO ] Humanities and Social Sciences/Economies and finances, Urban transportation, Housing, Inertia, Vulnerability, Transportation Taxation, H31, [SDE.ES]Environmental Sciences/Environment and Society, urbanism, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, transportation, Urban transportation, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, Transportation Taxation, [SDE.ES]Environmental Sciences/Environmental and Society, urban economics, Housing, [SDE.ES] Environmental Sciences/Environmental and Society, [ SDE.ES ] Environmental Sciences/Environmental and Society, jel: jel:H23, jel: jel:R21, jel: jel:R48, jel: jel:H31, ddc: ddc:330
[SHS.ECO] Humanities and Social Sciences/Economies and finances, 330, Inertia, H23, Vulnerability, R48, R21, [SDE.ES] Environmental Sciences/Environment and Society, [ SHS.ECO ] Humanities and Social Sciences/Economies and finances, Urban transportation, Housing, Inertia, Vulnerability, Transportation Taxation, H31, [SDE.ES]Environmental Sciences/Environment and Society, urbanism, [SHS.ECO] Humanities and Social Sciences/Economics and Finance, transportation, Urban transportation, [SHS.ECO]Humanities and Social Sciences/Economics and Finance, Transportation Taxation, [SDE.ES]Environmental Sciences/Environmental and Society, urban economics, Housing, [SDE.ES] Environmental Sciences/Environmental and Society, [ SDE.ES ] Environmental Sciences/Environmental and Society, jel: jel:H23, jel: jel:R21, jel: jel:R48, jel: jel:H31, ddc: ddc:330
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).28 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Top 10% impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
