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Research that investigate the extent of labor market prospects on crime rates focus on conditions in a region and crime rate in that region. However, this approach neglects criminal mobility. It is also possible that an improvement in the labor market in a region may attract nonresidents, either...
Persistent link: https://www.econbiz.de/10011674578
We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our economic design premium is identified by spatially differentiating property prices and design quality within neighbourhoods and comparing the differences across neighbourhoods. We...
Persistent link: https://www.econbiz.de/10011485165
The construction of formal models that deal with space observed a huge increase since the late 1980s. As Fujita et al. (1999) stress, the field of regional economics experienced a revival with the emergence of new analytical tools such as the diffusion of imperfect competition models, networks...
Persistent link: https://www.econbiz.de/10011530495