Local economic conditions and the nature of new housing supply

被引：1

作者：

Hilber, Christian A. L. ^{[1
,2
]}

Rouwendal, Jan ^{[3
]}

Vermeulen, Wouter ^{[4
]}

机构：

[1] London Sch Econ, Dept Geog & Environm, Houghton St, London WC2A 2AE, England

[2] Ctr Econ Performance, Houghton St, London WC2A 2AE, England

[3] Vrije Univ Amsterdam, Dept Spatial Econ, De Boelelaan 1105, NL-1081 HV Amsterdam, Netherlands

[4] CPB Netherlands Bur Econ Policy Anal, Bezuidenhoutseweg 30, NL-2594 AV The Hague, Netherlands

来源：

JOURNAL OF ECONOMIC GEOGRAPHY | 2021年 / 21卷 / 03期

关键词：

Local economic conditions; open monocentric city model; land conversion; housing supply; housing type; housing consumption; land use regulation; migration; URBAN-GROWTH; HOMEOWNERSHIP; MODEL; CONSTRUCTION; HOMEVOTERS; DECLINE; INCOME;

D O I：

10.1093/jeg/lbaa015

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We explore the effects of local economic conditions on the type and size of newly constructed housing units in a city. Exploiting the 1984-2004 metro area samples of the American Housing Survey and US Census building permit data from 1980 to 2018, we find that positive local income shocks (i) increase a city's share of multi-family housing in new construction and (ii) trigger the construction of smaller units. These responses are driven by migration. Our findings are consistent with a modified open monocentric city model that more realistically assumes land is available for conversion into new housing throughout the city.

引用

页码：339 / 366

页数：28

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