This paper estimates the intangible benefits of a two sports facilities in Columbus, Ohio on residential property values. We estimate a spatial hedonic model that avoids biased and inconsistent estimates in the presence of uncorrected spatial autocorrelation. The results suggest that the...

The aim of this paper is to analyse the effects of recent regulatory reforms implemented in the Spanish pharmaceutical market: the promotion of generic drugs and the implementation of reference prices. The objectives of such reforms are twofold: firstly, to increase price competition and...

The economic evaluation of health care programs can be carried out from two different perspectives: the hospital’s narrow perspective and the social perspective, which includes all costs. It is well known that, depending on the perspective, the economic evaluation may lead to discrepant...

We test the hypothesis that criminal behavior is “contagious” – or susceptible to what economists term “endogenous effects” – by examining the extent to which lower local-area crime rates decrease arrest rates among individuals. Using data from the Moving to Opportunity (MTO)...

The Moving to Opportunity (MTO) demonstration assigned housing vouchers via random lottery to low-income public housing residents in five cities. We use the exogenous variation in residential locations generated by the MTO demonstration to estimate the effects of neighborhoods on youth crime and...

Recent work suggests that consumers respond differently to taxes that are included in a good’s posted price and taxes that are added upon checking out at the register. This paper investigates how the government’s choice between these posted and register taxes affects the distribution of a...

The introduction of technology aimed at reducing the response times of emergency medical services has been one of the principal innovations in crisis care over the last several decades. These substantial investments have typically been justified by an assumed link between shorter response times...

This paper tests the hypothesis that state-level restrictions on abortion access are linked to increases in child fatal-injury rates. The rationale is that such restrictions may disproportionately increase births of “unwanted” children as well as births to young, single, and low...

This study analyzes the effect of fiscal decentralization on health outcomes in China using a panel data set with nationwide county-level data. We find that counties in more fiscal decentralized provinces have lower infant mortality rates compared to those counties in which the provincial...