The elected official next door

IF 3.5 2区 经济学 Q1 ECONOMICS
Daniel B. Jones , Randall Walsh , Jiangnan Zeng
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引用次数: 0

Abstract

This paper examines whether the election of a city council member generates highly localized benefits within their own neighborhoods. We use housing prices as a summary statistic to capture the numerous and difficult to observe ways in which local government allocates localized amenities. Drawing on data on North Carolina city council elections and the universe of housing transactions, we use a close-elections regression discontinuity strategy. We find that housing prices substantially increase for houses very close (within 0.2 miles) to a newly elected councilmember’s place of residence.
隔壁的民选官员
本文考察了市议会成员的选举是否会在他们自己的社区内产生高度本地化的利益。我们使用房价作为汇总统计数据,以捕捉地方政府分配地方性设施的众多且难以观察的方式。利用北卡罗来纳州市议会选举和住房交易的数据,我们使用了一种接近选举的回归不连续策略。我们发现,距离新当选议员居住地非常近(0.2英里以内)的房屋,房价会大幅上涨。
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来源期刊
CiteScore
5.30
自引率
9.70%
发文量
63
期刊介绍: Regional Science and Urban Economics facilitates and encourages high-quality scholarship on important issues in regional and urban economics. It publishes significant contributions that are theoretical or empirical, positive or normative. It solicits original papers with a spatial dimension that can be of interest to economists. Empirical papers studying causal mechanisms are expected to propose a convincing identification strategy.
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