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来源类型Working Paper
规范类型报告
DOI10.3386/w13071
来源IDWorking 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
URLhttps://www.nber.org/papers/w13071
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/570739
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GB/T 7714
Edward L. Glaeser,Kristina Tobio. The Rise of the Sunbelt. 2007.
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