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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w13071 |
来源ID | Working Paper 13071 |
The Rise of the Sunbelt | |
Edward L. Glaeser; Kristina Tobio | |
发表日期 | 2007-04-26 |
出版年 | 2007 |
语种 | 英语 |
摘要 | In the last 50 years, population and incomes have increased steadily throughout much of the Sunbelt. This paper assesses the relative contributions of rising productivity, rising demand for Southern amenities and increases in housing supply to the growth of warm areas, using data on income, housing price and population growth. Before 1980, economic productivity increased significantly in warmer areas and drove the population growth in those places. Since 1980, productivity growth has been more modest, but housing supply growth has been enormous. We infer that new construction in warm regions represents a growth in supply, rather than demand, from the fact that prices are generally falling relative to the rest of the country. The relatively slow pace of housing price growth in the Sunbelt, relative to the rest of the country and relative to income growth, also implies that there has been no increase in the willingness to pay for sun-related amenities. As such, it seems that the growth of the Sunbelt has little to do with the sun. |
主题 | Other ; General, Teaching |
URL | https://www.nber.org/papers/w13071 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570739 |
推荐引用方式 GB/T 7714 | Edward L. Glaeser,Kristina Tobio. The Rise of the Sunbelt. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w13071.pdf(412KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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