| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23146 |
| 来源ID | Working Paper 23146 |
| Rethinking Detroit | |
| Raymond Owens III; Esteban Rossi-Hansberg; Pierre-Daniel Sarte | |
| 发表日期 | 2017-02-13 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We study the urban structure of the City of Detroit. Following several decades of decline, the city's current urban structure is clearly not optimal for its size, with a business district immediately surrounded by a ring of largely vacant neighborhoods. We propose a model with residential externalities that features multiple equilibria at the neighborhood level. In particular, developing a residential area requires the coordination of developers and residents, without which it may remain vacant even if its fundamentals are sound. We embed this mechanism in a quantitative spatial economics model and use it to rationalize current city allocations. We then use the model to examine existing strategic visions to revitalize Detroit. We also explore alternative plans that rely on development guarantees, and find that they could result in greater population growth and land price appreciation than existing plans. The widespread effects of these policies underscore the importance of using a general equilibrium framework to evaluate policy proposals. |
| 主题 | International Economics ; Public Economics ; Regional and Urban Economics |
| URL | https://www.nber.org/papers/w23146 |
| 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/580820 |
| 推荐引用方式 GB/T 7714 | Raymond Owens III,Esteban Rossi-Hansberg,Pierre-Daniel Sarte. Rethinking Detroit. 2017. |
| 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 | ||
| w23146.pdf（13720KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
