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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13440 |
DP13440 The economic effects of density: A synthesis | |
Gabriel Ahlfeldt; Elisabetta Pietrostefani | |
发表日期 | 2019-01-10 |
出版年 | 2019 |
语种 | 英语 |
摘要 | This paper synthesises the state of knowledge on the economic effects of density. We consider 15 outcome categories and 347 estimates of density elasticities from 180 studies. More than 100 of these estimates have not been previously published and have been provided by authors on request or inferred from published results in auxiliary analyses. We contribute own estimates of density elasticities of 16 distinct outcome variables that belong to categories where the evidence base is thin, inconsistent or non-existent. Along with a critical discussion of the quality and the quantity of the evidence base we present a set of recommended elasticities. Applying them to a scenario that roughly corresponds to an average high-income city, we find that in per-capita present value terms (at a 5% discount rate), a 1%-increase in density implies an increase in wage and rent of $280 and $347. The decrease in real wage net of taxes of $156 is partially compensated for by an aggregate amenity effect of $100 and there is a positive external welfare effect of $60. |
主题 | International Trade and Regional Economics |
关键词 | Compact City Density Meta-analysis Elasticity Present value |
URL | https://cepr.org/publications/dp13440 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542255 |
推荐引用方式 GB/T 7714 | Gabriel Ahlfeldt,Elisabetta Pietrostefani. DP13440 The economic effects of density: A synthesis. 2019. |
条目包含的文件 | 条目无相关文件。 |
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