发布求助
文献互助 智能选刊 最新文献

Journal of Regional Science最新文献

筛选
英文 中文
Direct and spillover effects of short- and long-term land pricing drivers: Evidence from Italian districts, 1992−2019 短期和长期土地定价驱动因素的直接效应和溢出效应：1992-2019 年意大利各区的证据
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-02-19 DOI: 10.1111/jors.12690
Emma Bruno, Rosalia Castellano, Gennaro Punzo, Luca Salvati
{"title":"Direct and spillover effects of short- and long-term land pricing drivers: Evidence from Italian districts, 1992−2019","authors":"Emma Bruno,&nbsp;Rosalia Castellano,&nbsp;Gennaro Punzo,&nbsp;Luca Salvati","doi":"10.1111/jors.12690","DOIUrl":"10.1111/jors.12690","url":null,"abstract":"<p>The global economic and food crisis has increased the demand for land and rekindled the interest in farmland market investments worldwide. This study explores the Italian farmland market, investigating its main influencing factors from 1992 to 2019 using a spatial econometric framework. Traditional land characteristics and location-specific agricultural factors, as well as non-agricultural factors, are assessed. The average level of farmland prices and their growth are analyzed by modeling the potential types of spatial interactions, and the results are corroborated by considering different configurations of spatial weight matrices. The results show that farmland markets are influenced by land's current net returns as well as by its potential alternative uses. Therefore, factors considered external to the agricultural dimension, such as population pressure, climate change, and speculative expectations, increasingly shape farmland prices.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"804-839"},"PeriodicalIF":3.0,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139952527","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}
引用次数: 0
Do what we did last year, but do not stray too far from the pack: A behavioral public finance approach to municipal cash reserves 按照我们去年的做法去做，但不要偏离大部队太远：市政现金储备的公共财政行为方法
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-02-14 DOI: 10.1111/jors.12689
Kawika Pierson, Jon C. Thompson, Fred Thompson
{"title":"Do what we did last year, but do not stray too far from the pack: A behavioral public finance approach to municipal cash reserves","authors":"Kawika Pierson,&nbsp;Jon C. Thompson,&nbsp;Fred Thompson","doi":"10.1111/jors.12689","DOIUrl":"10.1111/jors.12689","url":null,"abstract":"<p>We leverage a national panel of US municipalities to show that behavioral finance helps explain the number of months of expenses that municipalities save in cash and investment reserves. We hypothesize that municipal managers may be using numerical anchoring based on historical values to target the number of months of savings to hold and that they may also be engaged in social learning to target months of savings based on the behavior of neighboring municipalities. We test for these effects by combining two innovative techniques, a two-stage regression designed to test for anchoring of present financial values based on theoretically unimportant historical values, and a measure of the spatial autocorrelation of savings to test for social learning. The results suggest that, in deciding how much to save, municipal managers are influenced by the levels of savings they held in the past and the savings levels of their neighbors, and that they underreact to changes in theoretically relevant economic fundamentals. Further tests also suggest that the smallest cities by population are more influenced by the behavior of their neighbors than their past savings, whereas the largest cities show the opposite result, effectively choosing themselves as their own role models.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"786-803"},"PeriodicalIF":3.0,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139838457","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}
引用次数: 0
Ethnicity and UK graduate migration: An identity economics approach 种族与英国毕业生移民：身份经济学方法
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-02-13 DOI: 10.1111/jors.12688
Sean Brophy
{"title":"Ethnicity and UK graduate migration: An identity economics approach","authors":"Sean Brophy","doi":"10.1111/jors.12688","DOIUrl":"10.1111/jors.12688","url":null,"abstract":"<p>This paper reports on the employment migration behavior of non-White ethnic minority graduates in the United Kingdom for the 2018/2019 graduation cohort, which is the last cohort to enter the labor market before the COVID-19 pandemic. Using data from the new Graduate Outcomes survey and controlling for a rich set of background characteristics, the findings indicate that ethnic minority graduates are more likely than their White counterparts to find work in ethnically diverse areas of the United Kingdom after leaving higher education. An identity utility framework is then formalized that combines identity economics with traditional approaches of human capital theory and job search theory. A test of an ethnic identity-based hypothesis reveals that Asian, Black, and Mixed-background graduates are comparatively more likely to migrate to areas with higher ethnic diversity levels, rather than less diverse areas. In addition to traditional explanations based on human capital theory and job search theory, this paper argues that these patterns are best explained by ethnic identity norms, which introduce a preference for working in ethnically diverse places. However, the results should be interpreted with some caution because of concerns related to heterogeneity within the ethnic group classifications used in the paper and possible omitted and unobserved variables.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"732-785"},"PeriodicalIF":3.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.12688","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139779714","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}
引用次数: 0
Does size matter? Evidence from municipal splits 规模重要吗？市政分裂的证据
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-02-13 DOI: 10.1111/jors.12679
Gissur Ó Erlingsson, Jonas Klarin, Eva Mörk
{"title":"Does size matter? Evidence from municipal splits","authors":"Gissur Ó Erlingsson,&nbsp;Jonas Klarin,&nbsp;Eva Mörk","doi":"10.1111/jors.12679","DOIUrl":"10.1111/jors.12679","url":null,"abstract":"<p>We contribute to the limited knowledge of the consequences of municipal splits by estimating how break-ups of seven Swedish municipalities affected per capita expenditures. To predict what would have happened had the break-ups not taken place, we apply the matrix completion method with nuclear norm minimization. We find that smaller municipalities not necessarily imply higher per capita expenditures. Instead, expenditures increase in some cases, are unaffected in others, and in others, decrease. The results point to the complex nature of territorial reforms and underscore the perils of policy recommendations that take uniform outcomes of either amalgamations or break-ups for granted.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"700-731"},"PeriodicalIF":3.0,"publicationDate":"2024-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.12679","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139839918","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}
引用次数: 0
Promoting sustainable and high-quality economic development in China via regional innovation poles 通过区域创新极推动中国经济可持续和高质量发展
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-02-05 DOI: 10.1111/jors.12687
Yu Zheng, Alan Collins, Shujie Yao
{"title":"Promoting sustainable and high-quality economic development in China via regional innovation poles","authors":"Yu Zheng,&nbsp;Alan Collins,&nbsp;Shujie Yao","doi":"10.1111/jors.12687","DOIUrl":"10.1111/jors.12687","url":null,"abstract":"<p>Using a panel data set comprising 284 prefecture-level and above cities in China during 2005–2018, this study develops a theoretical mechanism harnessing the spatial Durbin model (SDM) to accumulate evidence and explain how innovation affects China's economic growth. It is found that regional economic growth is facilitated by local innovation activities as well as the absorption capacity of innovation and technology spilled over from other regions. This study also identifies 12 regional innovation poles across the country, which are found to have played a significant role in promoting urban economic development within a physical distance range of 150 km of a given region. This finding attests to the radiation effect from regional innovation poles in cultivating more such poles for China, to promote sustainable high-quality economic growth, suggesting a route for China to avoid the curse of the middle-income trap.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"671-699"},"PeriodicalIF":3.0,"publicationDate":"2024-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139803468","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}
引用次数: 0
Racing to Zipf's law: Race and metropolitan population size 1910–2020 与齐普夫定律赛跑：1910-2020 年种族与大都市人口规模
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-01-31 DOI: 10.1111/jors.12686
Ricardo T. Fernholz, Rory Kramer
{"title":"Racing to Zipf's law: Race and metropolitan population size 1910–2020","authors":"Ricardo T. Fernholz,&nbsp;Rory Kramer","doi":"10.1111/jors.12686","DOIUrl":"10.1111/jors.12686","url":null,"abstract":"<p>Scholarship demonstrates that urban systems follow a power law population distribution if the population has full labor mobility. Theoretically, subpopulations should also follow a power law population distribution if that subpopulation also has full labor mobility. Examining city population distributions for White and Black Americans across US metropolitan areas from 1910 to 2020 shows that the White distribution mostly conforms to both Zipf's and Gibrat's laws throughout this period. In contrast, the Black population does not follow either law until the second half of the 20th century, a result that is consistent with theories of restricted mobility out of the South for Black Americans during the Jim Crow era.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"649-670"},"PeriodicalIF":3.0,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139678109","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}
引用次数: 0
The effect of short-term rentals on local consumption amenities: Evidence from Madrid 短期租赁对当地消费设施的影响：马德里的证据
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-01-31 DOI: 10.1111/jors.12685
Alberto Hidalgo, Massimo Riccaboni, Francisco J. Velázquez
{"title":"The effect of short-term rentals on local consumption amenities: Evidence from Madrid","authors":"Alberto Hidalgo,&nbsp;Massimo Riccaboni,&nbsp;Francisco J. Velázquez","doi":"10.1111/jors.12685","DOIUrl":"10.1111/jors.12685","url":null,"abstract":"<p>This paper examines the impact of the arrival of Airbnb on local consumption amenities in Madrid. We exploit the exogenous variation created by the timing and uneven distribution of Airbnb listings in the city to determine the impact on food and beverage establishments. Using an instrumental variable strategy, we find positive local effects on both the number of restaurants and their employees: an increase of 14 Airbnb rooms in a given census tract leads to almost one more restaurant, and the same increase in a given neighborhood generates 11 new tourist-related employees. The results are robust to the specification and sample composition. This paper contributes to the literature on the economic impact of the platform economy on urban areas by providing evidence of market expansion externalities from short-term rentals.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"621-648"},"PeriodicalIF":3.0,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.12685","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140473575","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}
引用次数: 0
From agglomeration to dispersion: How does China's noncapital functions' relief affect regional development? 从集聚到分散：中国非首都功能疏解如何影响区域发展？
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-01-23 DOI: 10.1111/jors.12684
Bo Yuan, Kecen Jing, Yuhai Liu
{"title":"From agglomeration to dispersion: How does China's noncapital functions' relief affect regional development?","authors":"Bo Yuan,&nbsp;Kecen Jing,&nbsp;Yuhai Liu","doi":"10.1111/jors.12684","DOIUrl":"10.1111/jors.12684","url":null,"abstract":"<p>Agglomeration economies can bring about positive externalities, while excessive agglomeration backfires. However, existing literature on place-based policies mainly focuses on policies that enhance agglomeration economies. Few studies discuss dispersion policies coping with the negative externality from excessive agglomeration. Owing to the unclear effects of dispersion policies, we conduct empirical research on the noncapital function relief (NCFR) policy, which is implemented to decrease the agglomeration in Beijing, the capital of China, and promote the development of surrounding areas. Exploiting the difference-in-difference model, we find that the NCFR policy implementation significantly facilitates the economic growth of the surrounding areas of Beijing. Changes in the distribution of new firm entry and population are two main channels, while no significant effect on the productivity is found. Furthermore, areas that are less-developed could benefit more from the NCFR policy. Our findings may enlighten other developing countries in urban economic management.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 3","pages":"595-620"},"PeriodicalIF":3.0,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139604545","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}
引用次数: 0
Does inequality migrate? The development of income inequality across German states 不平等会迁移吗？德国各州收入不平等的发展
IF 3 3区 经济学
Journal of Regional Science Pub Date : 2024-01-21 DOI: 10.1111/jors.12683
Oleg Badunenko, Maria Popova
{"title":"Does inequality migrate? The development of income inequality across German states","authors":"Oleg Badunenko,&nbsp;Maria Popova","doi":"10.1111/jors.12683","DOIUrl":"10.1111/jors.12683","url":null,"abstract":"<p>This study analyzes the evolution of educational and occupational patterns among migrants and natives, as well as income inequality in Germany from 1985 to 2015. We show that despite migrants catching up in education, employment, and income with their native counterparts, unfavorable societal attitudes toward them have remained virtually unchanged, which can be attributed to Bourdieu's conceptualization of cultural inheritance. We find that while income inequality has increased significantly over the 30-year period, this trend varied considerably by the federal state and that migration did nothing to add to inequality. Since both the German economy and society rely on migrants, there is a strong need for the narratives toward migrants to be based on empirical evidence. The findings of this study hold migrant-related policy implications not only for Germany but also for other developed nations that rely on migrants as a labor force.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 2","pages":"555-589"},"PeriodicalIF":3.0,"publicationDate":"2024-01-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.12683","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139516523","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}
引用次数: 0
Climate risk and commercial mortgage delinquency 气候风险与商业抵押贷款拖欠
IF 3.2 3区 经济学
Journal of Regional Science Pub Date : 2024-01-18 DOI: 10.1111/jors.12681
Rogier Holtermans, Matthew E. Kahn, Nils Kok
{"title":"Climate risk and commercial mortgage delinquency","authors":"Rogier Holtermans,&nbsp;Matthew E. Kahn,&nbsp;Nils Kok","doi":"10.1111/jors.12681","DOIUrl":"10.1111/jors.12681","url":null,"abstract":"<p>Natural disasters such as hurricanes, floods, heatwaves, and wildfires are projected to become more prevalent in the foreseeable future. Climate risk is, therefore, increasingly recognized as an important factor by policy makers, the investment community, and financial markets. Due to the immobility of assets, the commercial real estate industry is especially vulnerable to climate risk, and there is an increasing interest to understand the impact of climate risk on the value of commercial real estate. For commercial real estate lenders, changes in collateral value are only of partial importance. The ability of borrowers to meet their payment obligations is equally, if not more important. By combining historical data on two major climate-related disasters—Hurricanes Harvey and Sandy—with longitudinal information on commercial mortgage performance, this paper identifies the impact of climate risks on mortgage delinquency rates for commercial real estate mortgages. The results show that both Harvey and Sandy led to elevated levels of commercial mortgage delinquency, with significant heterogeneity based on the extent of damage in the Census block group. Information provided through FEMA 100-year floodplain maps partially mitigates the effects, an indication that lenders incorporate flood risk information in the underwriting process. An analysis of potential mechanisms indicates a decrease in property income during the 2-year period following the event for Hurricane Harvey, but no evidence of income effects for Sandy.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":"64 4","pages":"994-1037"},"PeriodicalIF":3.2,"publicationDate":"2024-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.12681","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139516660","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}
引用次数: 0
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：604180095
Book学术官方微信