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This paper studies the effectiveness of building height limits as a policy to limit greenhouse gas (GHG) emissions. It … shows that building height limits lead to urban sprawl and higher emissions from commuting. On the other hand, aggregate … total GHG emissions may be lower under building height restrictions, but only when they are very strict. Welfare is not …
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Cities around the world are experiencing unprecedented vertical growth. Yet, the economics of skyscrapers remain empirically understudied. This paper analyzes the determinants of the urban height profile by combining a micro-geographic data set on tall buildings with a unique panel of land...
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