Deadlier road accidents? Traffic safety regulations and heterogeneous motorists’ behavior
Publication date: Available online 22 April 2019Source: Regional Science and Urban EconomicsAuthor(s): Madhav S. Aney, Christine HoAbstractIn 2003, China enacted the Road Traffic Safety Law in an attempt to promote traffic safety. We employ a difference-in-differences strategy on province level data, where fire accidents are used as a control group for road accidents, to estimate the effects of the law on road accidents and casualties. Our findings suggest that while the law was successful in decreasing the number of accidents and casualties, the ratio of deaths to accidents and injuries to accidents increased. Exploring t...
Source: Regional Science and Urban Economics - April 23, 2019 Category: Science Source Type: research

Agglomeration economies in creative industries
Publication date: Available online 12 April 2019Source: Regional Science and Urban EconomicsAuthor(s): Jin Tao, Chun-Yu Ho, Shougui Luo, Yue ShengAbstractThis paper examines agglomeration effects on the productivity of Chinese firms in the creative industries between 2012 and 2014. We estimate productivity with a production function approach, and test whether three measures of agglomeration—namely, specialization, diversity, and density—affect the productivity of firms in creative industries. According to our results, that the density elasticity of productivity is 0.31, which suggests that agglomeration economies matte...
Source: Regional Science and Urban Economics - April 13, 2019 Category: Science Source Type: research

Introduction to the special issue on “Public policies, cities and regions”
Publication date: Available online 12 April 2019Source: Regional Science and Urban EconomicsAuthor(s): Florian Mayneris, Elisabet Viladecans-Marsal (Source: Regional Science and Urban Economics)
Source: Regional Science and Urban Economics - April 13, 2019 Category: Science Source Type: research

Schools as places of crime? Evidence from closing chronically underperforming schools
Publication date: Available online 5 April 2019Source: Regional Science and Urban EconomicsAuthor(s): Matthew P. Steinberg, Benjamin Ukert, John M. MacDonaldAbstractWe leverage the closing of chronically underperforming public schools in Philadelphia to estimate their impact on neighborhood crime. Employing a difference-in-differences strategy comparing monthly crime in blocks where school buildings closed to blocks where schools remained open or were never located, we find significant and substantive declines in crime following school closure. The decline in crime is driven by reductions in violent crime, is concentrated ...
Source: Regional Science and Urban Economics - April 5, 2019 Category: Science Source Type: research

Land-assembly and externalities: How do positive post-development externalities affect land aggregation outcomes?
Publication date: Available online 28 March 2019Source: Regional Science and Urban EconomicsAuthor(s): Javier E. PortilloAbstractLarge-scale developments often require developers to aggregate multiple parcels of land to proceed with construction; this process is known as land assembly. Frequently, developers fail to assemble land due to a key landowner, or holdout, who seeks to extract monopoly rents. While, the holdout problem has been studied extensively in the literature, an additional and equally important source of friction involves positive post-development externalities. These externalities manifest when a developer...
Source: Regional Science and Urban Economics - March 28, 2019 Category: Science Source Type: research

Broadband upgrade and firm performance in rural areas: Quasi-experimental evidence
Publication date: Available online 22 March 2019Source: Regional Science and Urban EconomicsAuthor(s): Giulia Canzian, Samuele Poy, Simone SchüllerAbstractThis paper analyzes the impact of advanced (up to 20 Mbps download, up to 1 Mbps upload) broadband accessibility on firm performance by exploiting a unique local policy of a staggered broadband infrastructure upgrade across rural municipalities. In a difference-in-differences framework based on longitudinal balance sheet data for limited companies, we show that ADSL2+ availability is associated with increases in firms’ revenue and total factor productivity (by on av...
Source: Regional Science and Urban Economics - March 24, 2019 Category: Science Source Type: research

Editorial Board
Publication date: March 2019Source: Regional Science and Urban Economics, Volume 75Author(s): (Source: Regional Science and Urban Economics)
Source: Regional Science and Urban Economics - March 14, 2019 Category: Science Source Type: research

The Association between Medical Care Utilization and Health Outcomes: A Spatial Analysis
Publication date: Available online 9 March 2019Source: Regional Science and Urban EconomicsAuthor(s): Francesco Moscone, Jonathan Skinner, Elisa Tosetti, Laura YasaitisAbstractMany studies use geographic variation in health expenditures or utilization to estimate the marginal benefits of health care intensity. Nearly all fail to account for spatial autocorrelation, that adjacent regions are more similar than distant ones, leading to potential bias in coefficient estimates and confidence intervals. Using data on 897,008 heart attack (acute myocardial infarction) patients in the U.S. during 2007-11, we consider the importanc...
Source: Regional Science and Urban Economics - March 9, 2019 Category: Science Source Type: research

Exuberance and spillovers in housing markets: Evidence from first- and second-tier cities in China
Publication date: Available online 8 March 2019Source: Regional Science and Urban EconomicsAuthor(s): I-Chun Tsai, Shu-Hen ChiangAbstractOver the last few decades, exuberance (bubble) and spillovers (ripple effects) have both been observed in the overheated housing market. However, surprisingly few attempts have so far been made to integrate these two concepts to further explore China's housing market frenzies. According to growth poles, the causality between exuberance and spillovers in real estate markets is that capital is initially concentrated in first-tier cities, but the housing-price exuberance then leads to spillo...
Source: Regional Science and Urban Economics - March 8, 2019 Category: Science Source Type: research

New Research on Housing Affordability
Publication date: Available online 26 February 2019Source: Regional Science and Urban EconomicsAuthor(s): Danny Ben Shahar, Stuart Gabriel, Stephen D. Oliner (Source: Regional Science and Urban Economics)
Source: Regional Science and Urban Economics - February 27, 2019 Category: Science Source Type: research

Refugees and apartment prices: A case study to investigate the attitudes of home buyers
Publication date: Available online 23 February 2019Source: Regional Science and Urban EconomicsAuthor(s): Aico van Vuuren, Josef Kjellander, Viktor NilssonAbstractWe evaluate the price development of apartments in neighborhoods surrounding temporary housing for refugees in the year after an unpredicted announcement of building sites, targeting refugees, in Gothenburg. Information on such a development can indicate how much home buyers dislike the idea of having refugees in their neighborhood. We use a difference-in-difference approach that takes into account the walking distance to the building sites and the time since the...
Source: Regional Science and Urban Economics - February 24, 2019 Category: Science Source Type: research

Seismic risk and house prices: Evidence from earthquake fault zoning
Publication date: Available online 16 February 2019Source: Regional Science and Urban EconomicsAuthor(s): Singh RuchiAbstractIn 1972, the Alquist-Priolo Zoning Act provided for the publication of earthquake fault maps in California. I exploit revisions in these official maps over time to estimate the rate of capitalization of seismic risk into property values using a difference-in-differences framework. Using geographically consistent data from 1970 to 2010 at the census tract level, I find that on average property values decline by 6.6 percent after the delineation of the fault zone, while rents decline by around 3.3 pe...
Source: Regional Science and Urban Economics - February 17, 2019 Category: Science Source Type: research

Household location in English cities
Publication date: Available online 14 February 2019Source: Regional Science and Urban EconomicsAuthor(s): David Cuberes, Cristina Sechel, Jennifer RobertsAbstractThis paper is the first to test an amenity-based sorting model for cities in England. We explore household location under both monocentric and polycentric assumptions about city structure. On average, we find no systematic relationship between income and household distance to the city centre. However, there are differences between cities, with a positive income-distance relationship in Birmingham and Leeds, and a negative relationship in Newcastle. Household heter...
Source: Regional Science and Urban Economics - February 15, 2019 Category: Science Source Type: research

Estimation of spatial econometric linear models with large datasets: How big can spatial Big Data be?
Publication date: Available online 14 February 2019Source: Regional Science and Urban EconomicsAuthor(s): G. Arbia, C. Ghiringhelli, A. MiraAbstractSpatial econometrics is currently experiencing the Big Data revolution both in terms of the volume of data and the velocity with which they are accumulated. Regional data, employed traditionally in spatial econometric modeling, can be very large, with information that are increasingly available at a very fine resolution level such as census tracts, local markets, town blocks, regular grids or other small partitions of the territory. When dealing with spatial microeconometric mo...
Source: Regional Science and Urban Economics - February 15, 2019 Category: Science Source Type: research

Bayesian Lassos for spatial durbin error model with smoothness prior: Application to detect spillovers of China's treaty ports
Publication date: Available online 14 February 2019Source: Regional Science and Urban EconomicsAuthor(s): Jianan Li, Xiaoyi HanAbstractIn this paper we consider a generalized spatial durbin error model with spatial spillovers that are flexible and subject to abrupt change arising from zero spillover effects. We propose a new class of Bayesian lasso-type prior, the Bayesian elastic net with smoothness prior, to both tackle the multicollinearity among spatial lags of explanatory variables and capture both zero and nonzero spillover effects. We develop a computationally tractable Markov Chain Monte Carlo (MCMC) algorithm to e...
Source: Regional Science and Urban Economics - February 15, 2019 Category: Science Source Type: research