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来源类型Working Paper
规范类型报告
DOI10.3386/w28271
来源IDWorking Paper 28271
Gentrification and Neighborhood Change: Evidence from Yelp
Edward L. Glaeser; Michael Luca; Erica Moszkowski
发表日期2020-12-28
出版年2020
语种英语
摘要How does gentrification transform neighborhoods? Gentrification can harm current residents by increasing rental costs and by eliminating old amenities, including distinctive local stores. Rising rents represent redistribution from tenants to landlords and can therefore be offset with targeted transfers, but the destruction of neighborhood character can – in principle – reduce overall social surplus. Using Census and Yelp data from five cities, we document that while gentrification is associated with an increase in the number of retail establishments overall, it is also associated with higher rates of business closure and higher rates of transition to higher price points. In Chicago and Los Angeles especially, non-gentrifying poorer communities have dramatically lower turnover than richer or gentrifying communities. However, the primary transitions appear to the replacement of stores that sell tradable goods with stores that sell non-tradable services. That transition just seems to be slower in poor communities that do not gentrify. Consequently, the business closures that come with gentrification seem to reflect the global impact of electronic commerce more than the replacement of idiosyncratic neighborhood services with generic luxury goods.
主题Subnational Fiscal Issues ; Labor Economics ; Demography and Aging ; Industrial Organization ; Industry Studies ; Regional and Urban Economics ; Real Estate
URLhttps://www.nber.org/papers/w28271
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/585944
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GB/T 7714
Edward L. Glaeser,Michael Luca,Erica Moszkowski. Gentrification and Neighborhood Change: Evidence from Yelp. 2020.
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