Housing supply elasticity and growth: evidence from Italian cities
نویسندگان
چکیده
منابع مشابه
Structural Estimates of Housing Supply Elasticity across Chinese Cities
We present a structural model of urban growth in a spatial equilibrium setting to aid the separation of the effects of demand shocks from those of the spatial variation in housing supply elasticity. The model is applied to an analysis of urban growth across Chines cities between 1998 and 2004, to evaluate the determinants of housing supply elasticity. The variation in supply, via urban expansio...
متن کاملEvaluating Housing Supply Elasticity in Inter-city Spatial Equilibrium: Evidence from Chinese Urban Growth
We examine the influences of urban redevelopment costs and land-use allocation efficiency and equity on the elasticity of housing development density with respect to urban demand shocks in the context of China’s urban growth from 1998 to 2004. We do so in an inter-city spatial equilibrium framework, where demand shocks are capitalized in urban land rent growth, which influences urban population...
متن کاملCentral cities and housing supply: Growth and decline in US cities
Many older American cities lost population during the last three decades of the twentieth century, but while cities such as Boston or New York saw numbers of dwelling units remain stable or even increase, others such as Buffalo, St. Louis, Cleveland, Detroit, and Pittsburgh lost large fractions of their dwelling units. This study decomposes decadal population changes from 1970 through 2000 for ...
متن کاملUrban Growth and Housing Supply
Cities are physical structures, but the modern literature on urban economic development rarely acknowledges that fact. The elasticity of housing supply helps determine the extent to which increases in productivity will create bigger cities or just higher paid workers and more expensive homes. In this paper, we present a simple model that provides a framework for doing empirical work that integr...
متن کاملDo Housing Bubbles Generate Fiscal Bubbles? Evidence From California Cities∗
This paper examines the effects of the most recent U.S. housing bubble on the fiscal policy of California cities. We use an instrumental variables approach that helps isolate fiscal consequences of house price appreciation by taking advantage of the influence of local topological constraints on the elasticity of house prices with respect to interest rates. Our analysis generates three main find...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economic Geography
سال: 2020
ISSN: 1468-2702,1468-2710
DOI: 10.1093/jeg/lbaa034