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Colonial legacy and land market formality 殖民遗产和土地市场形式
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-02 DOI: 10.1016/j.jue.2025.103789
Mariaflavia Harari , Maisy Wong
{"title":"Colonial legacy and land market formality","authors":"Mariaflavia Harari ,&nbsp;Maisy Wong","doi":"10.1016/j.jue.2025.103789","DOIUrl":"10.1016/j.jue.2025.103789","url":null,"abstract":"<div><div>We study the role of Dutch colonial institutions on urban development for the megacity of Jakarta, Indonesia. Using historical maps of Dutch settlements and a rich granular database, we implement a boundary discontinuity design comparing locations on either side of Dutch boundaries. We find that historical Dutch areas today have significantly lower parcel density, are more likely to have formally registered parcels, and have more regular parcel layout, pointing to the importance of planning and cadastral mapping. Dutch settlements are also more likely to appear formal, as per a photographic index that ranks the appearance of neighborhoods. We highlight the role of land market institutions over alternative channels, such as direct Dutch investments or natural advantage.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103789"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144523101","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 effect of subway policies on gasoline consumption: Subway expansion versus fare changes 地铁政策对汽油消费的影响：地铁扩张与票价变化
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-30 DOI: 10.1016/j.jue.2025.103795
Antung A. Liu , Yucheng Wang , Lei Zhang
{"title":"The effect of subway policies on gasoline consumption: Subway expansion versus fare changes","authors":"Antung A. Liu ,&nbsp;Yucheng Wang ,&nbsp;Lei Zhang","doi":"10.1016/j.jue.2025.103795","DOIUrl":"10.1016/j.jue.2025.103795","url":null,"abstract":"<div><div>Investments in urban light rail are meant to replace driving and alleviate emissions from road transportation, but little research has documented the direct link between alternative subway policies and gasoline consumption, leaving it unclear which subway policies are more efficient. Based on a unique dataset from a major gasoline retailer in China, this paper compares the effect of expanding the subway network with that of revising the fare. We find that both subway expansion and the fare change significantly impact gasoline consumption in the short run, but the effect of expanding the subway network is larger and more durable. A cost–benefit calculation also finds that subway network expansion is more cost-effective in reducing driving than changing the fare.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103795"},"PeriodicalIF":4.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144723923","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
Does rent control increase tenant unemployment? 租金管制会增加租客失业吗？
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-30 DOI: 10.1016/j.jue.2025.103790
Hanchen Jiang , Luis Quintero , Xi Yang
{"title":"Does rent control increase tenant unemployment?","authors":"Hanchen Jiang ,&nbsp;Luis Quintero ,&nbsp;Xi Yang","doi":"10.1016/j.jue.2025.103790","DOIUrl":"10.1016/j.jue.2025.103790","url":null,"abstract":"<div><div>This paper proposes and tests the hypothesis that rent control increases tenant unemployment. Using microdata from New York City between 2002 and 2017, we find that rent stabilization increases tenants’ probability of unemployment by more than four percentage points, and the effect is especially pronounced among tenants with unearned income. To address endogeneity concerns, we employ an instrumental variable strategy that exploits the local relative availability of rent-stabilized units at the time of move-in as an exogenous source of variation. We propose a job-search model to explain the disincentive channel underlying our results. These findings highlight the potential unintended consequences of rent control.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103790"},"PeriodicalIF":4.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144723924","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 effects of macroprudential policy restricting housing investor credit supply 宏观审慎政策限制住房投资者信贷供给的效果
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-02 DOI: 10.1016/j.jue.2025.103785
Christian Gillitzer , Nalini Prasad
{"title":"The effects of macroprudential policy restricting housing investor credit supply","authors":"Christian Gillitzer ,&nbsp;Nalini Prasad","doi":"10.1016/j.jue.2025.103785","DOIUrl":"10.1016/j.jue.2025.103785","url":null,"abstract":"<div><div>We study the effects on the housing market of two macroprudential policies in Australia restricting credit supply to residential housing investors. The first policy placed a bank-level cap on mortgage credit growth to investors. The second policy placed a bank-level cap on interest-only lending, which is predominantly used by investors. Both policies caused a large and sharp reduction in new investor lending relative to new owner-occupier lending. Using unit-record data on property sales and listings, we show that the restrictions on investor lending reduced the share of properties purchased by investors and reduced the relative price of properties in investor segments of the market. Our results demonstrate the potential efficacy of macroprudential policy restricting credit supply to investors.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103785"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144523100","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: Political geography and the spatial allocation of economic activity: Evidence from China’s anti-corruption campaign 政治地理与经济活动的空间分配：来自中国反腐运动的证据
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-08-26 DOI: 10.1016/j.jue.2025.103797
Filipe Campante , Rui Du , Weizeng Sun , Jianghao Wang , Siqi Zheng
{"title":"JUE insight: Political geography and the spatial allocation of economic activity: Evidence from China’s anti-corruption campaign","authors":"Filipe Campante ,&nbsp;Rui Du ,&nbsp;Weizeng Sun ,&nbsp;Jianghao Wang ,&nbsp;Siqi Zheng","doi":"10.1016/j.jue.2025.103797","DOIUrl":"10.1016/j.jue.2025.103797","url":null,"abstract":"<div><div>We show evidence of how political geography directly shapes real economic outcomes by studying the spatial impact on Beijing’s restaurant sector of China’s 2012 anti-corruption campaign, which placed strict limits on lavish spending by public officials. Restaurants located closer to government offices experienced a relative decline in consumer demand. The post-campaign distribution of establishments was less spatially concentrated around government offices and had a smaller presence of high-end restaurants than before the campaign. Our results underscore the role of political geography as a potent, spatially concentrated driver of demand and its influence on the configuration of economic activities.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103797"},"PeriodicalIF":4.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144904506","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
A better delineation of U.S. metropolitan areas 更好地划分美国大都市地区
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-02 DOI: 10.1016/j.jue.2025.103781
Jordan Rappaport , McKenzie Humann
{"title":"A better delineation of U.S. metropolitan areas","authors":"Jordan Rappaport ,&nbsp;McKenzie Humann","doi":"10.1016/j.jue.2025.103781","DOIUrl":"10.1016/j.jue.2025.103781","url":null,"abstract":"<div><div>Metropolitan areas are a fundamental unit of economic analysis. Broadly defined, they are unions of built-up locations near each other among which people travel between places of residence, employment, and consumption. Despite the importance of metropolitan areas, metropolitan Core-Based Statistical Areas and other official U.S. delineations considerably stray from this broad definition. We develop a simple algorithm to better match it, using commuting flows among U.S. census tracts in 2000. Three judgmental parameters govern the threshold strength of commuting ties between locations to include them in the same metropolitan area, the maximum separating distance between locations, and the threshold density of outlying settlement. A parameterization that balances encompassing commuting flows and excluding sparsely settled land delineates 361 Kernel-Based Metropolitan Areas (KBMAs), in aggregate capturing almost all the population and employment of metropolitan CBSAs in a small fraction of their land area. We benchmark KBMAs against two alternative parameterizations, one that prioritizes encompassing commuting flows and one that prioritizes excluding less built-up and less near locations.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103781"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144535418","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
Firms for funding: The effect of Million Dollar Plants on school finances and student achievement 资助公司：百万美元工厂对学校财政和学生成绩的影响
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-30 DOI: 10.1016/j.jue.2025.103794
Rahul R. Gupta , Viviana Rodriguez
{"title":"Firms for funding: The effect of Million Dollar Plants on school finances and student achievement","authors":"Rahul R. Gupta ,&nbsp;Viviana Rodriguez","doi":"10.1016/j.jue.2025.103794","DOIUrl":"10.1016/j.jue.2025.103794","url":null,"abstract":"<div><div>We study the impact of large firm entry on local public education by comparing school districts in counties that win a Million Dollar Plant (MDP) to runner-up counties. Winning an MDP increases school district revenues by approximately 3%, primarily through higher local property tax collections. While total per pupil revenue rises modestly, we find gains in instructional spending and small improvements in test scores. Effects vary by firm type: manufacturing MDPs are associated with greater capital outlays but limited achievement gains, whereas high-tech MDPs see increased instructional spending and improved proficiency. Districts with MDPs in highly educated industries exhibit larger increases in instructional spending and student outcomes, even when overall revenue gains are similar.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103794"},"PeriodicalIF":4.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144723925","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
Does urbanization cause crime? Evidence from rural–urban migration in South Africa 城市化会导致犯罪吗？来自南非农村向城市迁移的证据
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-07-01 DOI: 10.1016/j.jue.2025.103787
Nelly Exbrayat, Victor Stephane
{"title":"Does urbanization cause crime? Evidence from rural–urban migration in South Africa","authors":"Nelly Exbrayat,&nbsp;Victor Stephane","doi":"10.1016/j.jue.2025.103787","DOIUrl":"10.1016/j.jue.2025.103787","url":null,"abstract":"<div><div>We study the impact of urbanization driven by internal migration on crime in South Africa. We create a new dataset that combines yearly data on crime and urban population density at the municipality level from 2011 to 2018. We exploit exogenous variations in rural–urban migration induced by climate shocks at origin for identification. We show that higher urban population density leads to a reduction in pecuniary crime rate but has no effect on non-pecuniary crime rate. This negative effect operates through changes in population composition and a social network effect.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103787"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144517633","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
Where the rubber meets the road: Pavement damage reduces traffic safety and speed 橡胶与道路相遇的地方：路面损坏会降低交通安全和速度
IF 5.7 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-06-29 DOI: 10.1016/j.jue.2025.103786
Margaret Bock , Alexander Cardazzi , Brad R. Humphreys
{"title":"Where the rubber meets the road: Pavement damage reduces traffic safety and speed","authors":"Margaret Bock ,&nbsp;Alexander Cardazzi ,&nbsp;Brad R. Humphreys","doi":"10.1016/j.jue.2025.103786","DOIUrl":"10.1016/j.jue.2025.103786","url":null,"abstract":"<div><div>Road maintenance constitutes a significant component of transportation spending at all levels of government. Formulation of an efficient transportation infrastructure policy requires information about factors affecting road and traffic conditions. We generate the first causal evidence that decreasing pavement quality increases vehicle crash rates and decreases average speed. Results from parallel segment and instrumental variable models using spatially and temporally disaggregated data from Federal-Aid Highway System (FAHS) roads in California show statistically and economically significant increases in vehicle crash rates and decreases in average vehicle speed caused by road damage. These results produce a range of effect sizes that exceed those using standard road quality data. The results imply significant increases in social costs attributable to road damage.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103786"},"PeriodicalIF":5.7,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144510759","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 Insights: Who bears climate-related physical risk? JUE Insights：谁在承担与气候相关的身体风险？
IF 4.8 1区 经济学
Journal of Urban Economics Pub Date : 2025-09-01 Epub Date: 2025-08-15 DOI: 10.1016/j.jue.2025.103791
David Wylie , Natee Amornsiripanitch , John Heilbron , Kevin Zhao
{"title":"JUE Insights: Who bears climate-related physical risk?","authors":"David Wylie ,&nbsp;Natee Amornsiripanitch ,&nbsp;John Heilbron ,&nbsp;Kevin Zhao","doi":"10.1016/j.jue.2025.103791","DOIUrl":"10.1016/j.jue.2025.103791","url":null,"abstract":"<div><div>This paper combines data on residential property-level physical risk from major climate-related perils (severe convective storm, inland flood, hurricane storm surge, hurricane wind, winter storm, and wildfire) with data on local economic characteristics to establish three facts about the severity of and five facts about the demographic distribution of this class of risk in the contiguous United States. On the severity of climate-related physical risk, we find (i) severe convective storms are the leading contributor to expected damage, (ii) inland flood and hurricane-related perils drive aggregate tail risk, and (iii) the difference in risk level between the safest and the riskiest places is expected to grow by 2050. On the demographic distribution of risk, we find (i) the safest areas have the most expensive homes, (ii) levels of economic well-being are lower in risky areas, (iii) there is little relationship between local racial composition and risk level, (iv) rural areas face the highest risks, and (v) there is no evidence of lower aggregate development activity or in-migration in risky areas. These facts are an important foundation for climate risk-mitigation policymaking and academic research on how the U.S. population view and respond to this class of risk.</div></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":"149 ","pages":"Article 103791"},"PeriodicalIF":4.8,"publicationDate":"2025-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144841130","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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