| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| The Economic Value of Cultural Diversity: Evidence from US Cities | |
| Gianmarco I.P. Ottaviano; Giovanni Peri | |
| 发表日期 | 2004 |
| 出处 | Economy and Society |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | We use data on wages and rents in different U.S. cities to assess the amenity effects on production and consumption of cultural diversity as measured by diversity of countries of birth of city residents. We show that US-born citizens living in metropolitan areas where the share of foreign-born increased between 1970 and 1990 have experienced a significant average increase in their wage and in the rental price of their housing. Such finding is economically significant and robust to omitted variable bias and endogeneity bias. We then present a model in which cultural diversity may have both production and consumption amenity or disamenity effects. As people and firms are mobile across cities in the long run, the model implies that the joint results from the wage and rent regressions are consistent with a dominant production amenity effect of cultural diversity. |
| 特色分类 | O4,R0,F1 |
| 关键词 | Cultural diversity,Productivity,Local amenities,Urban economics |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-economic-value-of-cultural-diversity-evidence-from-us-cities/ |
| 来源智库 | Fondazione Eni Enrico Mattei (Italy) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116986 |
| 推荐引用方式 GB/T 7714 | Gianmarco I.P. Ottaviano,Giovanni Peri. The Economic Value of Cultural Diversity: Evidence from US Cities. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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