The paper examines, through comparative statics, the impact on urban form of changes in the price of energy used for transportation. Two specific models are analyzed within a framework of long-run equilibrium: model 1 involves households that supply an institutionally fixed number of labor hours, and their choice of residential location is affected by energy costs as the only out-of-pocket transportation cost for the journey to work; and model 2 deals with households that trade off travel time for work time and thus incur a time cost equal to the foregone income from production. The paper shows that in model 1 higher gasoline prices do result in less aggregate demand for gasoline and in less suburbanization of the residential activity. In model 2 higher energy prices do not necessarily result in either less suburbanization or less aggregate demand for gasoline. /Author/TRRL/

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  • Corporate Authors:

    Pion Limited

    207 Brondesburg Park
    London NW2 5JN,   England 
  • Authors:
    • Dendrinos, D S
  • Publication Date: 1979-6

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Filing Info

  • Accession Number: 00301901
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD, TRIS
  • Created Date: Dec 19 1979 12:00AM