Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29718 |
来源ID | Working Paper 29718 |
The Value of Piped Water and Sewers: Evidence from 19th Century Chicago | |
Michael Coury; Toru Kitagawa; Allison Shertzer; Matthew Turner | |
发表日期 | 2022-02-07 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We estimate the impact of piped water and sewers on property values in late-19th century Chicago. The cost of sewer construction depends sensitively on imperceptible variation in grade, and such variations in grade delay water and sewer service to part of the city. This delay provides quasi-random variation for causal estimates. We extrapolate ate estimates from our natural experiment to the area treated with water and sewer service during 1874-1880 using a new estimator. Water and sewer access increases property values by more than a factor of two. This exceeds costs by almost a factor of 40. |
主题 | Industrial Organization ; Industry Studies ; History ; Macroeconomic History ; Development and Growth ; Development ; Regional and Urban Economics ; Real Estate |
URL | https://www.nber.org/papers/w29718 |
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/587392 |
推荐引用方式 GB/T 7714 | Michael Coury,Toru Kitagawa,Allison Shertzer,et al. The Value of Piped Water and Sewers: Evidence from 19th Century Chicago. 2022. |
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 | ||
w29718.pdf(1510KB) | 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。