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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25107 |
来源ID | Working Paper 25107 |
Unlocking Amenities: Estimating Public-Good Complementarity | |
David Albouy; Peter Christensen; Ignacio Sarmiento-Barbieri | |
发表日期 | 2018-10-01 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Public goods may exhibit complementarities that are essential for determining their individual value. Our results indicate that improving safety near parks can turn them from public bads to goods. Ignoring complementarities may lead to i) undervaluing the potential value of public goods; ii) overestimating heterogeneity in preferences; and iii) understating the value of public goods to minority households. Recent reductions in crime have “unlocked” $5 billion in property value in Chicago, New York and Philadelphia. Still over half of the potential value of park proximity, over $10 billion, remains locked in. |
主题 | Public Economics ; Public Goods ; Environmental and Resource Economics ; Environment ; Regional and Urban Economics |
URL | https://www.nber.org/papers/w25107 |
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/582780 |
推荐引用方式 GB/T 7714 | David Albouy,Peter Christensen,Ignacio Sarmiento-Barbieri. Unlocking Amenities: Estimating Public-Good Complementarity. 2018. |
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 | ||
w25107.pdf(1558KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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