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We provide estimates of the impact of restrictive residential land use environments on the price of land across major American housing markets. Using micro data on vacant land purchased to develop single family housing, we implement a new empirical strategy for estimating so-called 'zoning...
Persistent link: https://www.econbiz.de/10012599283
We estimate the impact of more stringent minimum lot size restrictions across small border areas of neighboring communities using data from the Wharton Residential Land Use Regulatory Index (WRLURI) surveys. Economically meaningful effects are found on the built environment, not just house...
Persistent link: https://www.econbiz.de/10014372467
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/10012482569
Much of the property damage from wildfires occurs when fires spread into built up areas, the wildland urban interface. Fire spread within such areas occurs from house to house, as embers from one burning structure ignite neighboring ones. Actions can be taken to mitigate the chances that a given...
Persistent link: https://www.econbiz.de/10013362002
of Vietnam in comparison to Thailand, as well as government subsidies for reskilling of labour fource throughout their …
Persistent link: https://www.econbiz.de/10012453764
Online platforms such as preprint servers have become an important way to disseminate new scientific knowledge prior to peer review. However, little is known about how attention to preprints may vary across authors from different countries of origin, particularly relative to evaluation in...
Persistent link: https://www.econbiz.de/10014337798
human capital in STEMI areas. We conclude with a comparison of the US research ecosystem to that of China to understand how …
Persistent link: https://www.econbiz.de/10014372474
-standing) attributes in a culture set are. We illustrate these ideas using examples from African, England, China, the Islamic world, the …
Persistent link: https://www.econbiz.de/10012533381
Popular literature suggests a rapid narrowing of the technology gap between China and the U.S. based on large … (especially in sciences) in China in recent years. Little literature attempts to measure the technology gap directly using … the later reflect both differing factor endowments and technology parameters. This paper assesses changes in China …
Persistent link: https://www.econbiz.de/10012457012
We employ a model of precautionary saving to study why household saving rates are so high in China and so low in the US … components. This decomposition indicates that over 80 percent of China's saving rate and nearly all of the US saving arises from … the precautionary motive. The difference in the income growth rate between China and the US is vastly more important for …
Persistent link: https://www.econbiz.de/10012458138