Optimal Density Restrictions in the Los Angeles-Long Beach CSA

In this project we develop a quantitative general equilibrium model of the Los Angeles metropolitan area. Topography, transport infrastructure, and zoning policies shape people’s choices of where to live, and businesses’ choices of where to hire. These two spatial distributions of residence and employment then determine commuting patterns and with them, congestion and transit-related pollution. We estimate the parameters of the model using data on the distributions of residence and employment across the 3,925 census tracts of the Los Angeles-Long Beach Combined Statistical Area, together with tract-level data on residential and commercial property values and bilateral commuting flows. We then use the model to (a) quantify the effect of current zoning restrictions on aggregate welfare in the Los Angeles-Long Beach CSA; (b) identify zoning policy adjustments which would move the regulatory regime closer to the welfare-maximizing optimum; and (c) make tract-level predictions of the impact of specific policy changes on residential and commercial density, property values, commuting flows, and the environment.

    Language

    • English

    Project

    • Status: Active
    • Funding: $35,000.00
    • Sponsor Organizations:

      California Department of Transportation

      1227 O Street
      Sacramento, CA  United States  95843
    • Managing Organizations:

      METRANS Transportation Center

      University of Southern California
      Los Angeles, CA  United States  90089-0626
    • Project Managers:

      Brinkerhoff, Cort

    • Performing Organizations:

      University of Southern California, Los Angeles

      University Park Campus
      Los Angeles, CA  United States  90089
    • Principal Investigators:

      Parkhomenko, Andrii

    • Start Date: 20190801
    • Expected Completion Date: 20200731
    • Actual Completion Date: 0
    • USDOT Program: University Transportation Centers
    • Source Data: https://www.metrans.org/research/optimal-density-restrictions-los-angeles-long-beach-csa

    Subject/Index Terms

    Filing Info

    • Accession Number: 01708672
    • Record Type: Research project
    • Source Agency: METRANS Transportation Center
    • Files: RiP
    • Created Date: Jun 25 2019 4:23PM