Showing 1 - 10 of 531
This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of electoral reforms in Chinese villages. We use the...
Persistent link: https://www.econbiz.de/10013024882
China's four-trillion-yuan stimulus package fueled by bank loans in 2009 has led to the rapid growth of shadow banking …
Persistent link: https://www.econbiz.de/10012951359
What are the incentives faced by local officials in China? Without democratic institutions, there is no mechanism for … successes and the problems arising from local government activity in China …
Persistent link: https://www.econbiz.de/10013131309
We develop a new dartboard methodology to delineate urban areas using detailed information about building location, which we implement using a map of all buildings in France. For each pixel, our approach compares actual building density after smoothing to counterfactual smoothed building density...
Persistent link: https://www.econbiz.de/10012858809
Comprehensive zoning is ubiquitous in U.S. cities, yet we know surprisingly little about its long-run impacts. We provide the first attempt to measure the causal effect of land use regulation over the long term, using as our setting Chicago's first (1923) comprehensive zoning ordinance. Our...
Persistent link: https://www.econbiz.de/10012982928
Zoning has been cited as a discriminatory policy tool by critics, who argue that ordinances are used to deter the entry of minority residents into majority neighborhoods through density restrictions (exclusionary zoning) and locate manufacturing activity in minority neighborhoods (environmental...
Persistent link: https://www.econbiz.de/10013054041
Urban density boosts productivity and innovation, improves access to goods and services, reduces typical travel distances, encourages energy-efficient construction and transport, and facilitates sharing scarce amenities. However, density is also synonymous with crowding, makes living and moving...
Persistent link: https://www.econbiz.de/10013321724
Recent work has argued that zoning is responsible for racial segregation, disparities in public goods provision, growing regional inequality, and exploding housing costs in productive areas. However, the slow-moving nature of land regulation’s effects suggests a crucial need for historical...
Persistent link: https://www.econbiz.de/10014265068
We present new archival evidence on the price of vacant land in New York City between 1835 and 1900. Before the Civil War, the price of land per square foot fell steeply with distance from New York's City Hall located in the central business district. After the Civil War, the distance gradient...
Persistent link: https://www.econbiz.de/10013235639
Recent studies have emphasized the importance of the quality of politicians for good government and consequently economic performance. But if the quality of leadership matters, then understanding what motivates individuals to become politicians and perform competently in office becomes a central...
Persistent link: https://www.econbiz.de/10012757522