In a context of rapid urbanization and energy transition, massive investments will be required to develop efficient public transport networks. Capturing the increase in land value caused by transport infrastructure (for example, through a betterment tax) appears a promising way to finance public transport. However, it is no trivial task, as it is difficult to anticipate the rent creation. This paper uses a simple city model based on urban economic...
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INFORMATION
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2014/10/01
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Document de travail de recherche sur les politiques
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WPS7067
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1
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1
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2014/10/01
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Disclosed
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Urban infrastructure investment and rent-capture potentials
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increase in land price
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