Congestion, taxes & welfare : the effects of congestion externalities on spatial equilibrium

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dc.contributor.advisorSilva M., Hugo
dc.contributor.advisorZurita Lillo, Felipe
dc.contributor.authorGondonneau Astaburuaga, Max
dc.contributor.otherPontificia Universidad Católica de Chile. Instituto de Economía
dc.date.accessioned2022-03-07T19:16:03Z
dc.date.available2022-03-07T16:16:00Z
dc.date.issued2021
dc.date.updated2022-03-02T13:56:21Z
dc.descriptionTesis (Magíster en Economía)--Pontificia Universidad Católica de Chile, 2021
dc.description.abstractWe study the effects of congestion externalities on spatial equilibrium. We develop a quantitative spatial trade model capable of characterizing a decentralized equilibrium in the presence of congestion externalities. This model contemplates a neoclassical economy with labor mobility in which locations are arranged on a graph, goods are shipped between locations through routes optimally chosen by a transport sector, and where transport costs depend on congestion, road infrastructure and other factors. We allow the possibility of internalizing the externalities by including a planner who imposes pricing on the transport network and redistributes taxes among consumers. We study different sets of corrective taxes on the transport network. We show that congestion externalities affect spatial distribution, evidencing the biases of the efficient equilibrium analysis. We show heterogeneous effects on trade flows, prices and consumption according to which cities show greater dependence on trade. We find that target pricing rises transportation costs of non-priced routes, as the trader compensates with more intensive use of alternative routes. We show heterogeneous effects on individual’s welfare, concluding that pricing policies increase income and equality in utility distribution. We also show that externalities affect production intensity with heterogeneous effects on labor allocation in cities. Additionally, we find that congestion externalities affect labor distribution, increasing agglomeration in the most productive cities, and show that pricing policies increase welfare and homogeneity in labor distribution. Finally, we show that target pricing generates labor migration to cities less dependent on priced routes.
dc.description.version2021-12-16
dc.format.extent74 páginas
dc.fuente.origenAutoarchivo
dc.identifier.doi10.7764/tesisUC/ECO/63315
dc.identifier.urihttps://doi.org/10.7764/tesisUC/ECO/63315
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/63315
dc.information.autorucInstituto de Economía ; Silva M., Hugo ; S/I ; 1020528
dc.information.autorucInstituto de Economía ; Zurita Lillo, Felipe ; 0000-0001-7374-560X ; 100399
dc.information.autorucInstituto de Economía ; Gondonneau Astaburuaga, Max ; S/I ; 246403
dc.language.isoen
dc.nota.accesoContenido completo
dc.rightsacceso abierto
dc.subject.ddc388
dc.subject.deweyComunicación y transportees_ES
dc.subject.otherCongestión del tráfico - Modelos matemáticoses_ES
dc.subject.otherIngeniería de tráficoes_ES
dc.titleCongestion, taxes & welfare : the effects of congestion externalities on spatial equilibriumes_ES
dc.typetesis de maestría
sipa.codpersvinculados1020528
sipa.codpersvinculados100399
sipa.codpersvinculados246403
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