{"title":"From Isolation to Integration: The Legacy of Treaty Ports on Inter-City Connectivity","authors":"Shi Chen, Daidai Shen, Huan Yang","doi":"10.1111/jors.70073","DOIUrl":"https://doi.org/10.1111/jors.70073","url":null,"abstract":"<div>\u0000 \u0000 <p>Mounting evidence suggests the important role of opening-up policies in stimulating intra-city economic activities, while this study examines how openness shaped inter-city connectivity. Drawing on the background of China's treaty ports opened between the 1840s and 1910s, we find that city pairs where both held treaty ports exhibited significantly stronger inter-city linkages in 1935, as proxied by banking network data. This result holds across various robustness tests and the instrumental variable approach. Finally, we demonstrate that the legacy of treaty ports, transmitted in part through historical inter-city connectivity, continues to reactivate contemporary urban linkages–as reflected not only in banking networks, but also in population flows, airline frequency, high-tech investment, knowledge collaboration, and state-led high-speed rail linkages, indicating the enduring and far-reaching effect of the regional opening-up.</p>\u0000 </div>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1298-1318"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
King Yoong Lim, Lin Lang, Diego Morris, Waseem Toraubally
{"title":"Local Crime Spillover Onto Public–Private Partnership Financing Commitment: Do Urban Proximity and Local Affluence Matter?","authors":"King Yoong Lim, Lin Lang, Diego Morris, Waseem Toraubally","doi":"10.1111/jors.70070","DOIUrl":"https://doi.org/10.1111/jors.70070","url":null,"abstract":"<p>While the relationship between public infrastructure and crime location choices is well-studied in criminology, the impact of crime as a spillover externality on public–private partnership (PPP) infrastructure financing remains unexplored. Leveraging a data set of 542 Private Finance Initiative (PFI)-funded infrastructures in England and Wales from 2011 to 2018 period, we find evidence that local crime negatively affects government's reimbursement commitment to its PFI's partner, that is, a novel crime–PPP underpayment nexus. We also find evidence that this adverse fiscal resource re-allocation effect is moderated by both contemporaneous local affluence and the predetermined urban proximity of the infrastructure. Specifically, the former (measured by local house price), while exhibiting a direct “crime attractor” effect, reflects the “nondependent on government to provide security” effect, as rich neighborhoods can afford their own private security and therefore less reliant on public police spending. This mitigates the negative effect of crime on PFI underpayment. The latter, which concerns the physical location of the infrastructure built, is hypothesized to exhibit the “guardian angel” effect, that is, its urban proximity means it is less costly for general public surveillance to take place, hence deterring crime. Finally, we provide evidence that the two moderation effects are rivalry, which contribute to the existing literature pertinent to the trade-offs between the “crime attractor” and the “guardian angel” effects associated with public infrastructure in crime deterrence. Our findings reveal an additional fiscal resource re-allocation dimension, even when these concern PFI-financed projects (for which the governments ought to have a lesser stake).</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1221-1241"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.70070","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909968","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Do Land Value Taxes Curb Land Prices? Capitalization, Speculation, and Spatial Inequality in Loja, Ecuador","authors":"José María Tubío-Sánchez, Fabián Reyes-Bueno","doi":"10.1111/jors.70063","DOIUrl":"https://doi.org/10.1111/jors.70063","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates the spatial heterogeneity of land value tax capitalization and its implications for housing affordability in Loja, Ecuador, using a novel dataset of 1419 repeat land sales (2010–2017). Employing instrumental variable approaches within both parametric (Spatial Error Models) and semi-parametric (Generalized Additive Models) frameworks, we document significant spatial variation in tax capitalization effects. Properties located in the urban core experience a 2.5% reduction in land prices for each 1% point increase in the effective tax rate, with this effect diminishing by approximately 0.6% for every additional kilometer from the city center. This gradient reflects differences in land supply elasticity, proxied by proximity to the urban core. Although tax capitalization results in lower nominal prices near the center, it does not necessarily enhance affordability, as buyers face higher long-term tax burdens. Moreover, institutional practices, such as systematic underassessment in rapidly appreciating areas and the shifting of fiscal burdens to slower-growing areas, undermine the intended price-stabilizing effects of the tax and exacerbate equity concerns. The findings emphasize the importance of complementary policies aimed at curbing land market financialization and implementing administrative reforms to better align value capture mechanisms with rapidly rising land values, particularly at the urban fringe. As the first empirical analysis of land tax capitalization in Latin America, this research contributes to the methodological understanding of spatial heterogeneity and provides critical insights for the design of equitable and effective urban fiscal policy.</p>\u0000 </div>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1093-1108"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dynamic Probit Models With Network Interdependence and Unobserved Heterogeneity With an Application to Multinational-Firm Participation in China","authors":"Peter H. Egger, Michaela Kesina","doi":"10.1111/jors.70072","DOIUrl":"https://doi.org/10.1111/jors.70072","url":null,"abstract":"<p>In many areas of regional/spatial economics, we are faced with analyzing discrete dynamic choice problems of economic agents interacting with some network structure through general equilibrium, input-output links, or strategic interaction. Stochastic estimating equations for such problems can be difficult for many practitioners to estimate. This paper proposes MCMC estimation approaches based on control functions for estimating dynamic panel probit models where a large number of cross-sectional units is observed over a short period of time, and cross-sectional units feature network interdependencies. The proposed approaches enable accounting for dynamic adjustment and different types of cross-sectional dependence. These features should make the approaches interesting for applications in many empirical contexts. The paper outlines the estimation approaches, illustrates their suitability by simulation examples, and provides an application to study dynamic multinational-firm participation among regionally connected Chinese firms.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1265-1297"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.70072","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909888","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Beyond Dispersion: Density, Industry, and Political Fragmentation in the Geography of Regional Job Centers","authors":"Zakhary Mallett, Nicholas Wilsey","doi":"10.1111/jors.70058","DOIUrl":"https://doi.org/10.1111/jors.70058","url":null,"abstract":"<div>\u0000 \u0000 <p>Most research on the spatial organization of employment focuses on individual metropolitan areas, limiting insight into cross-regional and generalizable patterns. At the same time, recent studies often rely on broad indicators of employment dispersion—such as the share of urbanized land occupied by jobs—while methodological advances in identifying job centers have lagged. As a result, comparative analyses of regional employment geographies, particularly those focused on job center formation and dominance, remain scarce. Using block-level employment data, we adapt a spatial clustering model to identify job centers across the 100 most populous regions of the United States at three relative density thresholds. We then document variation in employment centralization and concentration across regions and density strata, and test—via regression models—how these patterns relate to metropolitan age, industry composition, and political fragmentation, serving as proxies for car orientation, agglomeration dynamics, and inter-municipal competition, respectively. Our findings show that professional services are strongly associated with dense employment clustering, health care tends to agglomerate at lower densities, and the regional prevalence of finance is linked to greater employment concentration and central business district (CBD) dominance. Additionally, denser regions tend to have fewer but more dominant job centers, and political fragmentation is associated with flatter job center hierarchies and weaker CBD primacy.</p>\u0000 </div>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1005-1028"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909933","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"House Prices and Bank Lending to SMEs: Evidence From UK Local Authorities","authors":"Jalal Siddiki, Zilong Wang","doi":"10.1111/jors.70069","DOIUrl":"https://doi.org/10.1111/jors.70069","url":null,"abstract":"<p>Using panel data for 304 local authorities in the UK from 2014 to 2021, we empirically examine three issues: (a) how booms in house prices affect bank lending to small and medium-sized enterprises (SMEs); (b) whether these effects differ when SMEs hold larger amounts of real estate and buildings and (c) whether a rise in house prices can cause capital flight from the SME loan market to mortgages in the housing sector. We find that (i) a rise in house prices crowds out SME lending; (ii) mortgage lending increases with house prices; (iii) the crowding out effect of rising house prices on SME lending is mitigated when SMEs hold larger amounts of real estate and buildings. The main macroeconomic implication is that a strong housing market exerts negative spillover effects on the SME sector by moving capital away from SME lending towards housing mortgages.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1210-1220"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.70069","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909845","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Uneven Greening: Dynamics of Urban–Rural Income Gap During the Green Transition","authors":"Xiaoping He, Jiahui Chen, Yuxuan Yu","doi":"10.1111/jors.70074","DOIUrl":"https://doi.org/10.1111/jors.70074","url":null,"abstract":"<div>\u0000 \u0000 <p>In China, the urban-rural income gap has narrowed in relative terms, yet it continues to widen in absolute terms. Beneath this macro-level trend, the green transition may be reshaping the structure of urban-rural incomes and the allocation of production factors. Utilizing data from Chinese prefecture-level cities spanning 2016–2023, this study reveals a U-shaped relationship between the green transition and the urban-rural income gap. In the early stage, green transition reduces the income gap by enhancing the capitalization of green resources and increasing the share of labor income. However, the gap widens due to rising skill premiums, capital deepening, and asymmetries in sectoral productivity changes later. Additionally, this U-shaped relationship exhibits significant heterogeneity across urban agglomerations and is amplified by strict environmental regulations and green knowledge capital. Moreover, the green transition generates spatial spillovers beyond local boundaries. This study provides both theoretical and empirical evidence on the distributive effects of green transition and offers a foundation for designing inclusive green policy frameworks.</p>\u0000 </div>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1319-1336"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148910024","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Cost of Convenience: A Hedonic Approach to Travel Time Valuation and Cost-Benefit Analysis","authors":"Isaac Mann, David M. Levinson","doi":"10.1111/jors.70065","DOIUrl":"https://doi.org/10.1111/jors.70065","url":null,"abstract":"<p>This paper presents a novel revealed-preference approach to estimating the value of travel time (VTT) and calculating consumer surplus for the economic evaluation of transport infrastructure. Departing from traditional stated-preference models, we derive time valuations by linking residential rental transactions in Greater Sydney to employment accessibility. We estimate a hedonic price function that controls for unobserved amenities and spatial sorting, recovering VTT estimates consistent with current cost-benefit analysis practice. Furthermore, we leverage the non-linearity of the price gradient, as well as cross-market variation in the price gradient, to perform a second-stage regression without instrumental variables, recovering the structural demand function for accessibility. This allows us to quantify welfare changes from non-marginal accessibility shocks, demonstrated on the Sydney Metro West project, grounding project appraisal in revealed spatial behavior.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1140-1165"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.70065","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148910032","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pedro Fierro, Andrés Rodríguez-Pose, Francisco Rowe, Ellen Johanna Helsper
{"title":"Voting Red Again: How Social Capital and Local Change Drove the Trump Swing","authors":"Pedro Fierro, Andrés Rodríguez-Pose, Francisco Rowe, Ellen Johanna Helsper","doi":"10.1111/jors.70071","DOIUrl":"https://doi.org/10.1111/jors.70071","url":null,"abstract":"<p>Social capital has long been regarded as a bulwark of democratic life. Yet in the United States—as across much of the democratic world—some of the communities with the densest social ties have proved the most receptive to antisystem politics. Drawing on county-level data for the 2016 and 2020 US presidential elections, this paper shows that the political consequences of social capital depend on its composition rather than its volume. Bonding social capital—the formal and informal ties that hold communities together from within—is robustly connected with higher Trump vote margins. Bridging social capital —ties that connect people across socioeconomic lines—runs the other way. More strikingly, identical trajectories of local economic and demographic change pull antisystem voting in opposite directions depending on the mix of bonding and bridging ties in the area. The structure of local social relations, in short, shapes the political geography of territorial transformation.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1242-1264"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.70071","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909867","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Telecom Expansion and Internal Migrants in Indian Cities","authors":"Arnab Dutta, Gregory Randolph","doi":"10.1111/jors.70060","DOIUrl":"https://doi.org/10.1111/jors.70060","url":null,"abstract":"<p>This paper estimates the impact of mobile phone service expansion on migration to and between cities of India during 2001–2011. We show that the number of cross-state migrants living in urban areas of India increased significantly due to telecommunications infrastructure growth. The increased migration reflects better labor and marriage market information transmission across regions as well as a positive labor demand shock in the service sector resulting from telecom expansion. The evidence indicates that telecommunications technologies act as forces of urban concentration, disproving the “death of distance” hypothesis. Furthermore, our findings imply that technological growth can reduce the barriers to internal migration in developing countries.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"66 4","pages":"1068-1092"},"PeriodicalIF":2.4,"publicationDate":"2026-09-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.70060","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148909853","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}