发布求助
文献互助 智能选刊 最新文献

Regional Science and Urban Economics最新文献

筛选
英文 中文
Informal land markets and ethnic kinship in West African cities 西非城市的非正规土地市场和种族亲属关系
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-04-06 DOI: 10.1016/j.regsciurbeco.2024.104008
Lucie Letrouit , Harris Selod
{"title":"Informal land markets and ethnic kinship in West African cities","authors":"Lucie Letrouit ,&nbsp;Harris Selod","doi":"10.1016/j.regsciurbeco.2024.104008","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2024.104008","url":null,"abstract":"<div><p>We present an urban land use model with land tenure insecurity and information asymmetry regarding risks of contested land ownership, a very common issue in West African cities. A market failure emerges assellers do not internalize the impact of their market participation decision on the average quality of traded plots, which in turn affects other sellers and buyers’ decisions. The equilibrium is suboptimal and has too many transactions of insecure plots and too few transactions of secure plots. This market failure can be addressed when agents trade along trusted kinship lines that discourage undisclosed sales of insecure plots. Such kinship matching is an important feature of West African societies, including on the market for informal land, as illustrated by a unique survey administered in Bamako, Mali. In the model, the extent to which the market failure is addressed increases with the intensity of kinship ties. When sellers also have the possibility of registering their property right in a cadastre, this not only further attenuates information asymmetry but also helps reduce risk. We find complementarity between kinship matching and registration: As transactions along trusted kinship lines tend to involve plots that are more secure on average, kinship matching makes registration better targeted at insecure plots traded outside kinship ties.In this context, a partial registration fee subsidy can bring the economy to the social optimum.<span><sup>1</sup></span></p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"106 ","pages":"Article 104008"},"PeriodicalIF":3.1,"publicationDate":"2024-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140551642","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Airbnb and rental markets: Evidence from Berlin Airbnb 和租赁市场：柏林的证据
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-23 DOI: 10.1016/j.regsciurbeco.2024.104007
Tomaso Duso , Claus Michelsen , Maximilian Schaefer , Kevin Ducbao Tran
{"title":"Airbnb and rental markets: Evidence from Berlin","authors":"Tomaso Duso ,&nbsp;Claus Michelsen ,&nbsp;Maximilian Schaefer ,&nbsp;Kevin Ducbao Tran","doi":"10.1016/j.regsciurbeco.2024.104007","DOIUrl":"10.1016/j.regsciurbeco.2024.104007","url":null,"abstract":"<div><p>We exploit the differential responses of Airbnb hosts to two distinct policy interventions in Berlin to shed light on the optimal design of policies targeting short-term rental platforms to mitigate rental market inflation. The first intervention, which affected commercial listings, significantly impacted long-term rental markets, unlike the second intervention, which mainly affected non-commercial listings. Leveraging these policy variations, we estimate the marginal impact of Airbnb on rental supply and rents. Each additional commercial Airbnb listing displaces 0.23 to 0.37 rental units and increases rent per square meter by 1.3 to 2.4 percent. This underscores the importance of targeting commercial listings when regulating short-term rental markets.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"106 ","pages":"Article 104007"},"PeriodicalIF":3.1,"publicationDate":"2024-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0166046224000310/pdfft?md5=058a0d6e98c4534a85c324b58e4181a8&pid=1-s2.0-S0166046224000310-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140277366","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
How is rooftop solar capitalized in home prices? 屋顶太阳能如何计入房价？
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-22 DOI: 10.1016/j.regsciurbeco.2024.104006
Kenneth T. Gillingham, Asa Watten
{"title":"How is rooftop solar capitalized in home prices?","authors":"Kenneth T. Gillingham,&nbsp;Asa Watten","doi":"10.1016/j.regsciurbeco.2024.104006","DOIUrl":"10.1016/j.regsciurbeco.2024.104006","url":null,"abstract":"<div><p>Residential solar installations have increased 10-fold over the past decade and are becoming more common in neighborhoods around the United States. This raises the question of how solar affects housing markets. Is the investment fully capitalized in home values? We review the literature on the solar home price premium and present a model to provide a framework for understanding the empirical challenge of quantifying capitalization. We estimate a hedonic model and find that the residual value of a homeowner-owned solar system at the time of a transaction is roughly fully capitalized into home values when we use a discount rate of 15%. Third-party owned systems exhibit a much lower capitalization. We find that solar homes are more likely to have made home improvements leading to substantial bias when home improvements are omitted. We conclude with opportunities for future research.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"107 ","pages":"Article 104006"},"PeriodicalIF":3.1,"publicationDate":"2024-03-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140283477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Migration and the environment: A look across perspectives 移民与环境：从不同角度看移民与环境
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-21 DOI: 10.1016/j.regsciurbeco.2024.104005
Paulina Oliva
{"title":"Migration and the environment: A look across perspectives","authors":"Paulina Oliva","doi":"10.1016/j.regsciurbeco.2024.104005","DOIUrl":"10.1016/j.regsciurbeco.2024.104005","url":null,"abstract":"<div><p>The decisions related to migration – where to live, when to move, and where to move – have a long history in economics. Different fields, within economics and outside economics, have developed different empirical methods to study migration and its consequences. However, these literatures rarely cite each other and there is little crossover between them. The purpose of this paper is twofold. First, to provide a simple theoretical framework for understanding general equilibrium effects in migration models that can help researchers think through the specific contexts in which these will be a problem for reduced form estimation. Second, to examine the different literatures in economics that have addressed the question of the effects of environmental amenities on migration with an eye to the differences across them and the way they can complement each other.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"107 ","pages":"Article 104005"},"PeriodicalIF":3.1,"publicationDate":"2024-03-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140268838","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Cities and water quality 城市与水质
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-13 DOI: 10.1016/j.regsciurbeco.2024.103998
Rhiannon L. Jerch, Daniel J. Phaneuf
{"title":"Cities and water quality","authors":"Rhiannon L. Jerch,&nbsp;Daniel J. Phaneuf","doi":"10.1016/j.regsciurbeco.2024.103998","DOIUrl":"10.1016/j.regsciurbeco.2024.103998","url":null,"abstract":"<div><p>We review economic research that focuses on topics connecting surface and drinking water quality and issues in urban economics. We organize our discussion around the major phases of the water resource and urban system relationship. First, we review work concerned with how urban water systems in the nineteenth and twentieth centuries served primarily as a means of production in urban centers. We then discuss the regulation of surface and drinking water in modern times, which arose as cities transitioned from being centers of production to centers of consumption. We also examine water as an amenity in the modern consumer city. We close by offering thoughts on future policy challenges and research needs and opportunities.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"107 ","pages":"Article 103998"},"PeriodicalIF":3.1,"publicationDate":"2024-03-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140269881","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Local constant-quality housing market liquidity indices 当地恒定质量住房市场流动性指数
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-09 DOI: 10.1016/j.regsciurbeco.2024.103997
Dorinth W. van Dijk
{"title":"Local constant-quality housing market liquidity indices","authors":"Dorinth W. van Dijk","doi":"10.1016/j.regsciurbeco.2024.103997","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2024.103997","url":null,"abstract":"<div><p>Market liquidity is an important aspect of housing market developments. The time on market (TOM) of sold properties is frequently used by researchers, practitioners, and policymakers as a market liquidity indicator. Compared to research on house price indices, the literature is very sparse on constructing housing market liquidity indices. This paper proposes a new method to construct constant-quality market liquidity indices based on TOM. The first contribution is that the method improves end-of-sample reliability resulting in fewer revisions. This increases the practical usefulness for business and policy purposes. The second contribution is that the applied structural time series method is designed to work in thin markets. This allows index construction at the local level.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"106 ","pages":"Article 103997"},"PeriodicalIF":3.1,"publicationDate":"2024-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140113316","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Cumulative impacts in environmental justice: Insights from economics and policy 环境正义的累积影响：经济学和政策的启示
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-07 DOI: 10.1016/j.regsciurbeco.2024.103993
Laura A. Bakkensen , Lala Ma , Lucija Muehlenbachs , Lina Benitez
{"title":"Cumulative impacts in environmental justice: Insights from economics and policy","authors":"Laura A. Bakkensen ,&nbsp;Lala Ma ,&nbsp;Lucija Muehlenbachs ,&nbsp;Lina Benitez","doi":"10.1016/j.regsciurbeco.2024.103993","DOIUrl":"10.1016/j.regsciurbeco.2024.103993","url":null,"abstract":"<div><p>Disparities in health and socioeconomic well-being are a result of the cumulative impacts from multiple coinciding environmental, health, and social stressors. Addressing cumulative impacts is seen as a crucial step toward environmental justice (EJ). Using the case of the United States, we compare different methods to operationalize the concept for real-world application. We empirically demonstrate the extent to which non-White and low-income neighborhoods are subject to a wide array of burdens and how these burdens are reflected in national EJ indices and housing prices. We find that non-White and low-income neighborhoods are correlated with measures of multiple environmental burdens and social stressors but correlate to a lesser extent with natural disaster risk. Two existing EJ indices are only moderately correlated and more correlated with low-income status than with percent non-White. Models that employ the housing market for benefits estimation may fail to capture preferences to avoid multiple stressors due to issues including data availability and market frictions, such as discrimination. Finally, we highlight the challenges in cumulative impacts analysis for research and policy-making.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"107 ","pages":"Article 103993"},"PeriodicalIF":3.1,"publicationDate":"2024-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140124802","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Optimization of regulation and fiscal policies for urban residential land use and traffic network management 优化城市住宅用地和交通网络管理的法规和财政政策
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-01 DOI: 10.1016/j.regsciurbeco.2024.103987
Jiang Qian Ying
{"title":"Optimization of regulation and fiscal policies for urban residential land use and traffic network management","authors":"Jiang Qian Ying","doi":"10.1016/j.regsciurbeco.2024.103987","DOIUrl":"10.1016/j.regsciurbeco.2024.103987","url":null,"abstract":"<div><p>Residential land use density regulation is an important policy instrument for reducing the local external diseconomies caused by concentration of population and buildings in urban areas. But density regulation also affects the distribution of population across the whole urban space, which determines the travel demands hence traffic flows over the transportation network in the city. In this paper, we formulate a model integrating the residential location choice equilibrium, traffic network equilibrium and the housing market equilibrium, subject to floor area ratio (FAR) regulation, a representative practical strategy for density regulation. The restriction of FAR regulation on housing supply is formulated as a development coordination cost function dependent on the level of FAR that is actually realized under the designated upper FAR limit. Complementary location-specific tax/subsidy policies, and road pricing schemes, are also addressed in a unified manner.</p><p>The mathematical structure of the model is explored, and efficient algorithms are developed for solving the equilibrium equations, and for the optimization of FAR regulations and the pecuniary strategies.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"105 ","pages":"Article 103987"},"PeriodicalIF":3.1,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139649281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
Educational and gender heterogeneity of the rural-urban earnings premium: New evidence from Norway 城乡收入溢价的教育和性别异质性：挪威的新证据
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-01 DOI: 10.1016/j.regsciurbeco.2024.103989
George C. Galster , Liv Osland
{"title":"Educational and gender heterogeneity of the rural-urban earnings premium: New evidence from Norway","authors":"George C. Galster ,&nbsp;Liv Osland","doi":"10.1016/j.regsciurbeco.2024.103989","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2024.103989","url":null,"abstract":"<div><p>We explore urban earnings premiums for young, native, rural-to-urban movers in Norway. Using an augmented difference-in-differences estimator (DiD-TR) on microdata we challenge previous claims about urban earnings premium's size and sources. Conventional econometric estimators understate the static premium and overstate dynamic premiums. We find that migrants exhibit lower mean but faster pre-move earnings growth than non-migrants. Post-move, the static earnings premium dominates. The observed trajectory is related to frequent pre-move changes of industrial sector, presumably to obtain better job-worker matches. Post-move, these changes occur less frequently. Highly educated females exhibit largest static premiums (34%), less-educated females least (24%), males an intermediate amount. Our findings suggest that cities primarily generate earnings premiums through agglomeration-based efficiencies and superior job-worker matches varying heterogeneously by education and gender.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"105 ","pages":"Article 103989"},"PeriodicalIF":3.1,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0166046224000139/pdfft?md5=fb92a05c679981718cf4f2064d6e2ada&pid=1-s2.0-S0166046224000139-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140041882","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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
The economic impact of UNESCO World Heritage: Evidence from Italy 联合国教科文组织世界遗产的经济影响：来自意大利的证据
IF 3.1 2区 经济学
Regional Science and Urban Economics Pub Date : 2024-03-01 DOI: 10.1016/j.regsciurbeco.2024.103996
Enrico Bertacchini , Federico Revelli , Roberto Zotti
{"title":"The economic impact of UNESCO World Heritage: Evidence from Italy","authors":"Enrico Bertacchini ,&nbsp;Federico Revelli ,&nbsp;Roberto Zotti","doi":"10.1016/j.regsciurbeco.2024.103996","DOIUrl":"https://doi.org/10.1016/j.regsciurbeco.2024.103996","url":null,"abstract":"<div><p>This paper investigates the impact of the UNESCO World Heritage List (WHL) inscription on income and property values in Italian municipalities with heritage sites inscribed during the past two decades. To address the selection bias and identify the causal impact of inscription, we focus on municipalities having sites included in the national ‘tentative list’ (i.e., a list of candidates for subsequent nomination) and exploit the plausibly exogenous timing of inscription conditional upon being on the list. The evidence from a heterogeneity-robust event study analysis suggests that WHL listing has a significant impact on income and property prices in urban areas. Possible underlying mechanisms are discussed.</p></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"105 ","pages":"Article 103996"},"PeriodicalIF":3.1,"publicationDate":"2024-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0166046224000206/pdfft?md5=42114533b6c35dd510394b8e1fcaba0a&pid=1-s2.0-S0166046224000206-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140030733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"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：481959085
Book学术官方微信