Donovan, Stuart; de Graaff, Thomas; de Groot, Henri L.F.; … - 2023
Using data for 134 locations in New Zealand, we study the effects of crime and agglomeration on urban amenity. We find … that crime has significant negative effects on the value of urban amenity, with elasticities of approximately ?0.06 for … firms and ?0.09 for workers. To put this effect in context, this implies the value of urban amenity for workers is …