What explains Manhattan's declining share of residential construction?

被引：3
|
作者：
Davidoff, Thomas [1 ]
机构：
[1] Univ British Columbia, Sauder Sch Business, Vancouver, BC V5Z 1M9, Canada
来源：
JOURNAL OF PUBLIC ECONOMICS | 2010年 / 94卷 / 7-8期
关键词：
Housing supply and markets; Regulatory policies; Land use patterns;
D O I：
10.1016/j.jpubeco.2010.02.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Dense, expensive, litigious, and highly regulated, Manhattan typifies coastal US housing markets. Manhattan has lost share of US residential construction over the last 45 years. Some attribute this trend to tightening local regulation, but the decline of public housing construction and the decreasing national share of construction that is multifamily jointly explain away Manhattan's decline. Across US counties, negative correlations between supply growth and both coastal status and regulations disappear conditional on population density. (C) 2010 Elsevier B.V. All rights reserved.
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页码：508 / 514
页数：7
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