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Impact of fertility relaxation on the housing market outcomes 放宽生育对房地产市场结果的影响
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-11-01 Epub Date: 2025-10-17 DOI: 10.1016/j.jue.2025.103812
Keyang Li , Yixun Tang , Qiuyi Wang
{"title":"Impact of fertility relaxation on the housing market outcomes","authors":"Keyang Li ,&nbsp;Yixun Tang ,&nbsp;Qiuyi Wang","doi":"10.1016/j.jue.2025.103812","DOIUrl":"10.1016/j.jue.2025.103812","url":null,"abstract":"<div><div>Using an administrative microlevel dataset of housing resale transactions in a major Chinese city, we exploit China's relaxation of the One-Child Policy in 2013 as an exogenous shock on fertility to analyze the effect of fertility relaxation on housing market outcomes. Our results show that housing prices (transaction volume) for units with more bedrooms increased by 2.2% (9.9%) compared with those with fewer bedrooms after the policy announcement. Consistently, city-level analysis employing an alternative identification strategy reveals that cities experiencing greater exposure to the policy change exhibited more pronounced increases in housing prices after the fertility relaxation. The underlying mechanism is related to increased fertility, as the surge in housing demand for units with more bedrooms was primarily driven by younger buyers aged 18–29 with higher fertility intentions. Our findings reveal the consequences of fertility relaxation on the housing market, which have important implications for fertility and housing policy development.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"150 ","pages":"Article 103812"},"PeriodicalIF":4.8,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145334004","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Death, destruction, and growth in cities: Entrepreneurial capital and economic geography after the 1918 influenza 城市中的死亡、破坏和增长：1918年流感后的创业资本和经济地理
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-11-01 Epub Date: 2025-10-03 DOI: 10.1016/j.jue.2025.103810
Robert B. Fluegge
{"title":"Death, destruction, and growth in cities: Entrepreneurial capital and economic geography after the 1918 influenza","authors":"Robert B. Fluegge","doi":"10.1016/j.jue.2025.103810","DOIUrl":"10.1016/j.jue.2025.103810","url":null,"abstract":"<div><div>How does city growth respond to catastrophe? I propose a model in which local entrepreneurs have a comparative advantage in starting local businesses and business creation benefits from business activity. The model predicts that cities stagnate following a reduction in local human capital but, consistent with established facts about city resilience, recover after the destruction of local physical capital. I test for the predicted effects of a shock to human capital using U.S. city populations after the 1918 Influenza Pandemic, which killed 0.5% of residents in the largest U.S. cities. Instrumenting for Flu incidence with local weather at the peak of the epidemic, I show that cities with high influenza mortality had persistently low population levels and growth rates, with estimates implying that a 10% increase in Flu incidence caused a 13% reduction in 2010 population.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"150 ","pages":"Article 103810"},"PeriodicalIF":4.8,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145227810","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Tastes, geography and culture 品味、地理和文化
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-11-01 Epub Date: 2025-10-04 DOI: 10.1016/j.jue.2025.103800
Eve Colson-Sihra , José De Sousa , Thierry Mayer
{"title":"Tastes, geography and culture","authors":"Eve Colson-Sihra ,&nbsp;José De Sousa ,&nbsp;Thierry Mayer","doi":"10.1016/j.jue.2025.103800","DOIUrl":"10.1016/j.jue.2025.103800","url":null,"abstract":"<div><div>Does geography shape tastes? This paper investigates the geography of tastes using French household surveys from 1974 and 2005. We propose a two-step method: first, we estimate regional tastes using a structural demand system; then, we compute bilateral taste differences and link them to geographic distance. The 1974 results provide evidence of ‘gravity in taste’—that is, geographically closer regions have more similar food tastes. By 2005, this geographic pattern has largely disappeared. However, tastes are not homogenized. Regional diversity persists, with differences in taste determined by sociocultural similarity rather than geographic distance.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"150 ","pages":"Article 103800"},"PeriodicalIF":4.8,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145227809","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Follow thy neighbor: The role of first exporters 跟随邻居：第一出口商的角色
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-11-01 Epub Date: 2025-11-04 DOI: 10.1016/j.jue.2025.103813
Hao Fe , Yang Liang , Mary E. Lovely
{"title":"Follow thy neighbor: The role of first exporters","authors":"Hao Fe ,&nbsp;Yang Liang ,&nbsp;Mary E. Lovely","doi":"10.1016/j.jue.2025.103813","DOIUrl":"10.1016/j.jue.2025.103813","url":null,"abstract":"<div><div>Exporting to foreign markets offers new opportunities for growth and expansion, but also comes with inherent challenges and risks. To mitigate these uncertainties, firms often learn from neighboring firms that are geographically close (Koenig et al. 2010; Silvente and Giménez 2007). Accounting for endogenous sorting of firms across space within cities, we present novel evidence of export spillovers at finely detailed spatial scales. Our findings suggest that firms located in the immediate vicinity of a local first exporter – a firm initiating a new seller-market – are 38% more likely to enter the same market the following year, compared to firms that lack a nearby first exporter. This effect is twice as large as export spillovers from later exporters in the same area. Our mechanism analysis suggests that the spillover effect is likely driven by the flow of information, facilitated by close proximity.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"150 ","pages":"Article 103813"},"PeriodicalIF":4.8,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145474420","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Tourism growth, education decline: Evidence from China’s 5A attraction expansion 旅游增长，教育下降：来自中国5A级景区扩张的证据
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-11-01 Epub Date: 2025-10-18 DOI: 10.1016/j.jue.2025.103811
Zeyi He , Zhi-An Hu , Wei Huang , Yankun Kang
{"title":"Tourism growth, education decline: Evidence from China’s 5A attraction expansion","authors":"Zeyi He ,&nbsp;Zhi-An Hu ,&nbsp;Wei Huang ,&nbsp;Yankun Kang","doi":"10.1016/j.jue.2025.103811","DOIUrl":"10.1016/j.jue.2025.103811","url":null,"abstract":"<div><div>This paper examines how tourism expansion, driven by the establishment of China’s top-tier tourist attractions, affects human capital accumulation. We find that exposure to tourism growth before age 17 significantly reduces high school enrollment, particularly among disadvantaged individuals and in less-developed regions. Mechanism analysis indicates that individuals make schooling decisions by weighing the opportunity cost of continued education against its expected long-term returns. Moreover, following tourism expansion, we observe declines in parental educational expectations and investments, alongside poorer academic performance among children. These findings highlight the complex trade-offs between tourism-led economic growth and educational development.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"150 ","pages":"Article 103811"},"PeriodicalIF":4.8,"publicationDate":"2025-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145334003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Rushing to opportunity: City growth and entrepreneurship 冲向机遇：城市成长与创业
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-08 DOI: 10.1016/j.jue.2025.103783
Kristian Behrens , Nathan Seegert
{"title":"Rushing to opportunity: City growth and entrepreneurship","authors":"Kristian Behrens ,&nbsp;Nathan Seegert","doi":"10.1016/j.jue.2025.103783","DOIUrl":"10.1016/j.jue.2025.103783","url":null,"abstract":"<div><div>The growth of many cities and industries differs, with some growing slowly and others experiencing rapid change—i.e., rushes. To explain these differences and explore the mechanisms of growth, we develop a model centered on a new trade-off between time-varying fundamentals and time-invariant – but rank-dependent – opportunities. Early population flows depend on the opportunities new entities provide, whether from available land in cities or the accumulation of entrepreneurship human capital in firms. Our model can explain the existence of rushes and their size. We provide suggestive empirical evidence on city- and industry growth consistent with the model’s predictions.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103783"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144572419","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
JUE insight: Do ride-sharing services cause urban air pollution? 爵见：网约车会造成城市空气污染吗？
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-08-25 DOI: 10.1016/j.jue.2025.103799
Yi Liu , Yao Li , Jindong Pang
{"title":"JUE insight: Do ride-sharing services cause urban air pollution?","authors":"Yi Liu ,&nbsp;Yao Li ,&nbsp;Jindong Pang","doi":"10.1016/j.jue.2025.103799","DOIUrl":"10.1016/j.jue.2025.103799","url":null,"abstract":"<div><div>This paper investigates the impact of ride-sharing services on urban air pollution across 284 cities in China. While the theoretical implications of ride-sharing services on air quality remain ambiguous, empirical analysis of a daily panel dataset reveals that the introduction of ride-sharing services in a city significantly reduces urban air pollution levels. On average, cities experience at least a three percent decrease in air pollution following the launch of these services. Mechanism analysis indicates that ride-sharing services contribute to reduced peak-hour traffic congestion, a decline in new car registrations, and an increase in public transit ridership. These findings quantify the environmental benefits associated with ride-sharing services and provide valuable insights for policymakers seeking to regulate the ride-sharing industry and enhance urban air quality.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103799"},"PeriodicalIF":4.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144893400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Corrigendum to “The role of agents in fraudulent activities: Evidence from the housing market in Beijing” [Journal of Urban Economics, Volume 142, July 2024, 103668] “中介在欺诈活动中的作用：来自北京房地产市场的证据”的勘误表[城市经济学杂志]，第142卷，2024年7月，103668]
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-06-02 DOI: 10.1016/j.jue.2025.103782
Sumit Agarwal , Weida Kuang , Long Wang , Yang Yang
{"title":"Corrigendum to “The role of agents in fraudulent activities: Evidence from the housing market in Beijing” [Journal of Urban Economics, Volume 142, July 2024, 103668]","authors":"Sumit Agarwal ,&nbsp;Weida Kuang ,&nbsp;Long Wang ,&nbsp;Yang Yang","doi":"10.1016/j.jue.2025.103782","DOIUrl":"10.1016/j.jue.2025.103782","url":null,"abstract":"","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103782"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144298565","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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 labor market outcomes of jurisdictional consolidation: Evidence from city–county mergers in China 管辖权合并对劳动力市场的影响：来自中国市县合并的证据
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-04 DOI: 10.1016/j.jue.2025.103788
Shiyu Bo, Yi Wang
{"title":"The labor market outcomes of jurisdictional consolidation: Evidence from city–county mergers in China","authors":"Shiyu Bo,&nbsp;Yi Wang","doi":"10.1016/j.jue.2025.103788","DOIUrl":"10.1016/j.jue.2025.103788","url":null,"abstract":"<div><div>In this paper, we examine the labor market outcomes of jurisdictional consolidation, focusing on the effect of city–county mergers in China between 2011 and 2018 on the wages of migrant workers and local residents. Under the merger reform, city districts were consolidated with nearby counties, expanding the jurisdiction under the centralized control of the prefecture government. Using a staggered difference-in-differences approach, we find that wages increased by 3.1% for migrant workers and 10.4% for local residents in consolidated jurisdictions. We attribute these effects to local economic growth and the resulting differentiated labor demand for migrant and local workers.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103788"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144549677","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
Housing booms and shirking 房地产繁荣和逃避
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-16 DOI: 10.1016/j.jue.2025.103793
Quanlin Gu , Jia He , Wenlan Qian , Yuan Ren
{"title":"Housing booms and shirking","authors":"Quanlin Gu ,&nbsp;Jia He ,&nbsp;Wenlan Qian ,&nbsp;Yuan Ren","doi":"10.1016/j.jue.2025.103793","DOIUrl":"10.1016/j.jue.2025.103793","url":null,"abstract":"<div><div>This paper studies the effect of housing wealth shocks on workplace shirking. We use the type and actual <em>time stamps</em> of credit card transactions to detect non-work-related behavior during work hours. After a one-percentage-point increase in house prices, employed homeowners experienced a fast and persistent increase by 3.8 % per month in their propensity to use work hours to attend to personal needs. The post-shock response is more pronounced among homeowners with a greater wealth increase, with poorer career potential, or for occupations with higher monitoring costs.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103793"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144633545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"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
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