Abstract
The land use-transportation models typically have complicated model structure that is good for empirical execution but bad for theoretical probe. This complexity makes it very difficult to derive the first-order conditions for system optimization in tractable forms. Yu and Rhee (2011) and Rhee (2012) show how to simplify the derivative of the model's objective function with respect to policy variables in the computable general equilibrium model of land use and transportation. However, the travel demand in their model was fixed. This drawback fundamentally limits the applicability of their methodology in the planning field. We relax this restriction. Once this is done, we can employ the methodology developed in analyzing the impacts of various types of policy instruments in the models where land market is treated endogenously and transportation network is embedded.
| Translated title of the contribution | A Numerical Analysis of Land Use-Transportation Model as a Form of Analytical Tool |
|---|---|
| Original language | Korean |
| Pages (from-to) | 33-44 |
| Number of pages | 12 |
| Journal | 대한교통학회지 |
| Volume | 31 |
| Issue number | 2 |
| DOIs | |
| State | Published - Apr 2013 |