Accommodating the rise in urbanisation are new towns a good solution? Gabriel Loumeau
By: Loumeau, Gabriel
.
Material type: 
ArticleSubject(s): DESARROLLO REGIONAL | ECONOMIA REGIONAL | POLITICA REGIONAL | ÁREAS METROPOLITANAS | URBANISMO
In:
The Economic Journal v. 134, n. 662, August 2024, p. 2530-2557.Summary: This paper studies the performance of New Towns, that is, planned large urban sub-centres, as a central tool to accommodate the global rise in urbanisation. A spatial quantifiable general equilibrium framework suitable to study large-scale urban master plans is presented. The framework is then used to investigate the equilibrium effects of five New Towns developed in the 1970s in Paris’s metropolitan area. By 2015, the development of New Towns appears to have increased metropolitan population (18%), metropolitan gross domestic product (11%) and reduced average commuting times (−6.9%). The results obtained for Paris’s metropolitan area are externally validated using a difference-in-differences approach on all 314 New Towns developed worldwide between 1992 and 2012.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 282/2024/662-3 (Browse shelf) | Available | OP 282/2024/662-3 |
Browsing IEF Shelves Close shelf browser
| No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | ||
| OP 282/2024/662 The Economic Journal | OP 282/2024/662-1 Trust and state effectiveness | OP 282/2024/662-2 Political language in economics | OP 282/2024/662-3 Accommodating the rise in urbanisation | OP 282/2024/662-4 Kinship taxation as an impediment to growth | OP 282/2024/662-5 Spending and pricing to deter arbitrage | OP 282/2024/663 The Economic Journal |
Bibliografía
This paper studies the performance of New Towns, that is, planned large urban sub-centres, as a central tool to accommodate the global rise in urbanisation. A spatial quantifiable general equilibrium framework suitable to study large-scale urban master plans is presented. The framework is then used to investigate the equilibrium effects of five New Towns developed in the 1970s in Paris’s metropolitan area. By 2015, the development of New Towns appears to have increased metropolitan population (18%), metropolitan gross domestic product (11%) and reduced average commuting times (−6.9%). The results obtained for Paris’s metropolitan area are externally validated using a difference-in-differences approach on all 314 New Towns developed worldwide between 1992 and 2012.
There are no comments for this item.