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Spatial inequality in unsolved crimes: Evidence from small neighborhoods 未侦破犯罪的空间不平等:来自小社区的证据
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-10-14 DOI: 10.1111/jors.12739
Nils Braakmann, Bahadir Dursun, Diego Zambiasi

Using administrative data on the universe of police recorded crime linked to judicial outcomes for England and Wales from January 2013 to December 2018, we document—for the first time—large and persistent spatial inequalities in the proportion of solved and unsolved crimes across small neighborhoods covering a whole country. We find substantial differences across neighborhoods in the same municipality or police force. Fixed effects decompositions suggest that neighborhoods have different clearance rates across different crimes and that high-crime neighborhoods also have high clearance rates, but with substantial heterogeneity across offences. Clearance rates correlate systematically with neighborhood composition.

利用2013年1月至2018年12月期间英格兰和威尔士警方记录的与司法结果相关的犯罪的行政数据,我们首次记录了覆盖整个国家的小社区中已解决和未解决犯罪比例的巨大且持续的空间不平等。我们发现,在同一个城市或警察部队的不同社区之间存在着巨大的差异。固定效应分解表明,不同的社区在不同的犯罪中有不同的清除率,高犯罪率的社区也有很高的清除率,但在不同的犯罪中存在很大的异质性。清除率与社区组成有系统的相关性。
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引用次数: 0
All (economic) politics is local: Voting responses to localized price shocks during the great recession 所有(经济)政治都是地方性的:在大衰退期间,投票是对地方性价格冲击的回应
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-10-06 DOI: 10.1111/jors.12736
Ron Cheung, Rachel Meltzer

The connection between individual and macroeconomic conditions and voting behavior is well-established. We contribute to the less resolved “spatial gap” in the literature that centers on how the localized economic conditions of where voters live influence their likelihood to vote. We test how space mediates the tension between voter mobilization and withdrawal in the face of economic shocks. We consider a scenario, the Great Recession, where economic shocks were quite localized and sudden, and compile an extensive dataset of all registered voters in the four-county Tampa metropolitan area between 2006 and 2015. Using sales prices and property characteristics from the tax assessor rolls, we estimate a neighborhood-level shock to housing values induced by the Great Recession. Results show that when we do not account for local neighborhood variation, the Great Recession is associated with a significant decrease in voter turnout. However, when we account for localized economic shocks, we find that residents in neighborhoods with negative price shocks were more likely to vote after the Recession, especially in non-local elections. In addition, the propensity to vote increases with the size of the negative price shock. There is some evidence that variation at the neighborhood level matters more than voter-level heterogeneity. The positive voting response is most profound in predominantly Black neighborhoods, and, to a lesser extent, in predominantly Hispanic and the lowest income neighborhoods. Increases in the propensity to vote are robust to models controlling for baseline economic vulnerabilities, such as localized unemployment, the weakness of the local housing market and exposure to sectors hit hardest by the Recession. The results indicate that dramatic and sudden changes in localized economic conditions can drive voting behavior, and in ways that are distinct from macroeconomic drivers. In addition, the housing asset channel appears to be a powerful one, which can induce significant voting responses at the national level apart from other localized economic drivers, especially among homeowners.

个人和宏观经济条件与投票行为之间的联系已经确立。我们促成了文献中较少解决的“空间差距”,这些文献集中在选民居住的地方的局部经济条件如何影响他们投票的可能性。我们测试空间如何在面对经济冲击时调解选民动员和退出之间的紧张关系。我们考虑了一种情景,即大衰退,其中经济冲击是非常局部和突然的,并编制了一个广泛的数据集,涵盖了2006年至2015年间坦帕大都市区四个县的所有登记选民。利用来自税务评估员名册的销售价格和房地产特征,我们估计了大衰退对住房价值造成的社区层面的冲击。结果表明,当我们不考虑当地社区的差异时,大衰退与选民投票率的显著下降有关。然而,当我们考虑到局部经济冲击时,我们发现,在经济衰退后,受到负价格冲击的社区的居民更有可能投票,尤其是在非地方选举中。此外,投票倾向随着负面价格冲击的规模而增加。有证据表明,社区层面的差异比选民层面的异质性更重要。在以黑人为主的社区,积极的投票反应最为深刻,在以西班牙裔和最低收入为主的社区,这种反应程度较低。投票倾向的增加对于控制基准经济脆弱性的模型来说是稳健的,比如局部失业、当地房地产市场的疲软以及受经济衰退打击最严重的行业的风险敞口。结果表明,当地经济状况的急剧和突然变化可以以不同于宏观经济驱动因素的方式驱动投票行为。此外,住房资产渠道似乎是一个强大的渠道,除了其他局部经济驱动因素外,它可以在国家层面上引起重大的投票反应,特别是在房主中。
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引用次数: 0
Amazon deforestation and CO2 emissions: A macroeconomic approach using the GVAR 亚马逊森林砍伐和二氧化碳排放:使用GVAR的宏观经济方法
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-09-30 DOI: 10.1111/jors.12738
Luccas Assis Attílio

We analyzed the relationship between economic variables, Amazon deforestation, and CO2 emissions in Brazil. We used a macroeconomic approach of a system of open economies (global vector autoregressive [GVAR]). We constructed the international economy using 34 countries, representing 77% of the world GDP and 80% of world CO2 emissions. GVAR allows us to simulate the world economy, capture spillover effects, incorporate the externality of gas emissions, treating Brazil as a small open economy, and including trade integration in the analysis. We found that domestic and external shocks affect Amazon deforestation and CO2 emissions; the principal external shock is the Chinese one, followed by the European and the US shocks. China, directly and indirectly, affects CO2 emissions and deforestation in Brazil through two channels (exchange rates and policy rates). The estimates showed that Brazilian currency and commodity prices are relevant for deforestation, while industrial production is for gas emissions. Other results are that (i) the Brazilian economy affects CO2 emissions in Latin America (and the principal influence of China is on Asia), and (ii) the Chinese shock loses importance when using bilateral trade in 1999–2001, when China was not a fundamental trade partner of Brazil. Alternative model configurations demonstrate that soybean prices and Argentina influence Brazilian carbon emissions and Amazon deforestation. Specifically, soybean prices emerge as a major driver of carbon emissions. These results suggest that geography and trade integration matter to understanding Amazon deforestation and CO2 emissions. Our estimates highlight the importance of government policies and international cooperation in curbing Amazon deforestation.

我们分析了经济变量、亚马逊森林砍伐和巴西二氧化碳排放之间的关系。我们使用了开放经济系统的宏观经济方法(全球向量自回归[GVAR])。我们用34个国家构建了国际经济,占世界GDP的77%,占世界二氧化碳排放量的80%。GVAR使我们能够模拟世界经济,捕捉溢出效应,纳入天然气排放的外部性,将巴西视为一个小型开放经济体,并将贸易一体化纳入分析。我们发现,国内和外部冲击影响亚马逊森林砍伐和二氧化碳排放;主要的外部冲击是中国的冲击,其次是欧洲和美国的冲击。中国通过两个渠道(汇率和政策利率)直接或间接地影响巴西的二氧化碳排放和森林砍伐。估计表明,巴西货币和商品价格与森林砍伐有关,而工业生产与气体排放有关。其他结果是:(1)巴西经济影响拉丁美洲的二氧化碳排放(中国主要影响亚洲),(2)当使用1999-2001年的双边贸易时,中国冲击失去了重要性,当时中国不是巴西的基本贸易伙伴。替代模型配置表明,大豆价格和阿根廷影响巴西的碳排放和亚马逊森林砍伐。具体来说,大豆价格成为碳排放的主要驱动因素。这些结果表明,地理和贸易一体化对理解亚马逊森林砍伐和二氧化碳排放很重要。我们的估计强调了政府政策和国际合作在遏制亚马逊森林砍伐方面的重要性。
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引用次数: 0
The impact of government support on rural grocery stores—A regression discontinuity approach 政府支持对农村杂货店的影响——回归不连续方法
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-09-26 DOI: 10.1111/jors.12735
Cecilia Hammarlund, Martin Nordin

We evaluate a place-based policy aimed at commercial service providers. In 2016, the Swedish government introduced special operating support for grocery stores in remote rural areas to slow down the process of store closures. We estimate the local causal effect in a regression discontinuity design framework using the fact that only stores located at least 15 km away from another store were eligible for the support. The results indicate a 15%–20% increase in store survival rates due to the support. For surviving stores, the effects on employment are negative, possibly due to labor-saving investments.

我们评估了针对商业服务提供商的基于地点的政策。2016年,瑞典政府为偏远农村地区的杂货店提供了特殊的运营支持,以减缓商店关闭的进程。我们在一个回归不连续设计框架中使用这样一个事实来估计局部因果效应,即只有距离另一家商店至少15公里的商店才有资格获得支持。结果表明,由于支持,商店存活率提高了15%-20%。对于幸存的商店来说,对就业的影响是负面的,可能是由于节省劳动力的投资。
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引用次数: 0
Network versus spatial proximity and firm innovation: The case of the R&D service sector 网络、空间邻近与企业创新:以研发服务业为例
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-09-18 DOI: 10.1111/jors.12734
Ekaterina Turkina, Anthony Frigon, David Doloreux

The paper analyzes the relationship between different types of proximities—network and spatial—in relation to innovation in the context of the R&D service industry. In doing so, it contributes to the recent debate in the literature on the effects of network connectivity versus geographical colocation. The paper uses original data from a survey of 145 R&D service establishments in Montreal (Canada) and their interactions with both local and nonlocal organizations. The findings of the paper indicate that collaborative networks (both local and nonlocal) have a stronger association with R&D service innovation than spatial proximity to R&D service organizations and other collaborators. However, when these two dimensions are interacted, they are shown to function as substitutes. The paper also demonstrates that the relationship between spatial proximity and networking varies across three dimensions: local versus nonlocal networking, the type of relationship (client, supplier, competitor, and research institutes and university), and the type of network connectivity—brokerage versus closure.

本文以研发服务业为研究对象,分析了不同类型的网络和空间邻近与创新的关系。在这样做的过程中,它有助于最近关于网络连接与地理托管的影响的文献辩论。本文使用的原始数据来自对加拿大蒙特利尔145家研发服务机构的调查,以及它们与本地和非本地组织的互动。研究结果表明,协作网络(包括本地和非本地)与研发服务创新之间的联系比与研发服务组织和其他合作者的空间接近程度更强。然而,当这两个维度相互作用时,它们就会被证明是相互替代的。本文还表明,空间接近性与网络之间的关系在三个维度上有所不同:本地与非本地网络,关系类型(客户、供应商、竞争对手、研究机构和大学),以及网络连接类型(经纪与封闭)。
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引用次数: 0
Temperature fluctuations, climate uncertainty, and financing hindrance 温度波动、气候不确定性和融资障碍
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-09-15 DOI: 10.1111/jors.12733
Qingyang Wu, Muhammad Shahbaz, Ioannis Kyriakou

Undesirable temperature fluctuations pose significant financial risks for enterprises. By merging fine-grained meteorological data with a panel of publicly listed firms, we delve into the relationship between temperature volatility and financing constraints. Our analysis reveals a positive correlation between temperature fluctuations and increasingly stringent financing limitations. State-owned or large-scale enterprises endowed with greater resources and risk diversification mechanisms are more likely to counteract the adverse effects of temperature volatility. Furthermore, we furnish evidence indicating that temperature fluctuations exert a substantial influence on corporate labor productivity. In response, companies tend to expand their workforce and elevate wages during the fiscal year. Faced with dwindling income and escalating operational costs, enterprises significantly amplify their insurance expenditures. The pronounced escalation in default risk and borrowing costs could undermine investors' sanguine profit expectations, subsequently prompting declines in firms' price-to-earnings and price-to-book ratios. Our study underscores the imperative for executive management teams to prudently account for climate change-induced financing constraints when devising investment and production strategies.

不理想的温度波动给企业带来了重大的财务风险。通过将细粒度的气象数据与一组上市公司合并,我们深入研究了温度波动与融资约束之间的关系。我们的分析显示,温度波动与日益严格的融资限制之间存在正相关关系。国有或大型企业拥有更大的资源和风险分散机制,更有可能抵消温度波动的不利影响。此外,我们提供的证据表明,温度波动对企业劳动生产率产生实质性影响。作为回应,公司倾向于在财政年度扩大员工队伍并提高工资。企业在收入减少、经营成本上升的情况下,保险支出大幅增加。违约风险和借贷成本的明显上升可能会破坏投资者乐观的盈利预期,随后促使企业的市盈率和市净率下降。我们的研究强调了行政管理团队在制定投资和生产战略时谨慎考虑气候变化导致的融资限制的必要性。
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引用次数: 0
The empirical evidence of digital trends in more disadvantaged European Union regions in terms of income and population density 欧盟收入和人口密度较低地区数字化趋势的经验证据
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-09-08 DOI: 10.1111/jors.12729
Anna Garashchuk, Fernando Isla-Castillo, Pablo Podadera-Rivera

Remote rural and postindustrial regions are much more vulnerable to population drain in comparison with industrialized centers and capitals, due to obvious reasons such as meager job opportunities, difficulties in accessing public services in education, healthcare and transport, housing, entertainment, lack of integration with other territories and, finally, less advanced levels of digitalization. This represents an open challenge for the European Union within the framework of its Cohesion Policy. This paper analyzes the impact of digital trends, represented by the percentage of the population with access to internet and broadband and the percentage of individuals who buy goods and internet services (percentages provided by Eurostat) in less populated EU NUTS2 regions with lower income, on the crude population growth rate composed of natural changes in population and migratory flows and on the unemployment rate by applying panel data analysis. It has been possible to confirm that digitalization has a positive impact on natural changes in population in EU regions with lower economic development. On the contrary, the unemployment rate does not affect natural changes in population, but it does have a negative impact on migratory flows. The findings show that digitalization may contribute to reversing negative demographic trends in more disadvantaged EU regions in terms of income and population density.

与工业化中心和首都相比,偏远农村和后工业化地区更容易受到人口外流的影响,原因显而易见,如就业机会少,难以获得教育、医疗保健和交通、住房、娱乐等方面的公共服务,缺乏与其他地区的融合,以及数字化水平较低等。这是欧盟在其凝聚政策框架内面临的一个公开挑战。本文通过面板数据分析,分析了在人口较少、收入较低的欧盟 NUTS2 地区,数字化趋势(以接入互联网和宽带的人口比例以及购买商品和互联网服务的个人比例(欧盟统计局提供的百分比)为代表)对由人口自然变化和移民流构成的粗人口增长率以及失业率的影响。在经济发展水平较低的欧盟地区,数字化对人口自然变化产生了积极影响。相反,失业率不会影响人口的自然变化,但会对移民潮产生负面影响。研究结果表明,在收入和人口密度方面较为落后的欧盟地区,数字化可能有助于扭转不利的人口趋势。
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引用次数: 0
Electoral consequences of globalization for social democratic parties across European regions 全球化对欧洲各地区社会民主党的选举后果
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-08-29 DOI: 10.1111/jors.12732
Michal Mádr

The paper investigates the influence of regional import shocks from low-wage countries on electoral support for European social democratic parties in 289 NUTS2 regions (2002–2022). The estimates suggest that a one standard deviation increase in the import shock from low-wage countries over an election period may lead to a decline in support for social democratic parties between 0.6 and 1.2 percentage points. Similar results also apply to imports from Asian economies, such as China and India. The negative impact on electoral support for social democratic parties is amplified in moderately industrial and predominantly rural regions. For the former, the decline in industrial employment led to a shift of social democratic voters to the radical right. In contrast, in the latter case, the relatively slower growth of employment in the tertiary and quaternary sectors and the peripheral position of these regions caused a shift to the radical left.

本文研究了来自低工资国家的区域进口冲击对289个NUTS2地区(2002-2022)欧洲社会民主党选举支持的影响。这些估计表明,在选举期间,来自低工资国家的进口冲击每增加一个标准差,就可能导致社会民主党的支持率下降0.6至1.2个百分点。类似的结果也适用于从中国和印度等亚洲经济体的进口。在中等工业和以农村为主的地区,对社会民主党派选举支持的负面影响被放大。对于前者来说,工业就业的下降导致社会民主党选民转向激进右翼。相比之下,在后一种情况下,第三和第四部门的就业增长相对较慢,以及这些地区的外围地位,导致了向激进左翼的转变。
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引用次数: 0
The geography of intergenerational mobility in Norway: Labor market diversity, career opportunities, and gender 挪威代际流动的地理分布:劳动力市场多样性、职业机会和性别
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-08-28 DOI: 10.1111/jors.12731
Lena Magnusson Turner, Terje Wessel

We investigate intergenerational income mobility across labor market regions in Norway, looking at gender differences in response to industrial diversity. Our identification strategy exploits variation in the timing of regional migration, measured over the age spans 6−19 and 13−19 years. We make extensive use of fixed effects so that each region only affects adult outcomes, measured as income rank, through differences in exposure time. Our results reveal significantly larger exposure effects among daughters than among sons. The difference is particularly large when we contrast sons to fathers and daughters to mothers, but it is also apparent when we place sons and daughters, respectively, fathers and mothers, in the same distribution. We further find that industrial diversity, and thus the range of job opportunities, matters most during the teenage years. The patterns are, to some extent, detectible on maps, for example, with better mobility opportunities for men in coastal regions based on maritime and/or marine specialization. We conclude with assessments, a recommendation for regional policy, and some international considerations.

我们研究了挪威劳动力市场地区间的代际收入流动性,探讨了性别差异对产业多样性的影响。我们的识别策略利用了地区迁移时间的变化,以6-19岁和13-19岁的年龄跨度来衡量。我们广泛使用了固定效应,从而使每个地区仅通过接触时间的差异来影响成年后的结果(以收入排名衡量)。我们的结果显示,女儿的接触效应明显大于儿子。当我们将儿子与父亲、女儿与母亲进行对比时,这种差异尤为明显,但当我们将儿子和女儿、父亲和母亲分别置于相同的分布中时,这种差异也很明显。我们还发现,在青少年时期,行业多样性以及工作机会的范围最为重要。这种模式在一定程度上可以在地图上发现,例如,在沿海地区,男性在海事和/或海洋专业领域有更好的流动机会。最后,我们将进行评估,为地区政策提出建议,并考虑一些国际因素。
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引用次数: 0
Climate change and real estate: An introduction to the special issue 气候变化与房地产:特刊导言
IF 3.2 3区 经济学 Q1 ECONOMICS Pub Date : 2024-08-26 DOI: 10.1111/jors.12728
Edward Coulson, Juan Palacios, Siqi Zheng
<p>Climate change is increasing the frequency and intensity of natural disasters, putting tens of millions of real estate properties at significant physical and financial risk. A recent climate change assessment by the Biden administration estimates that extreme weather events cost the United States approximately $150 billion in direct damages annually (USGCRP, <span>2023</span>).1 In addition to imposing a substantial welfare cost on property owners, mounting risks could threaten the stability of the property market, financial sector, and macroeconomy itself. At the same time, the real estate and building sector consumes around one-third of the world's energy annually and is responsible for a similar share of greenhouse gas (GHG) emissions. Given its volume, reducing emissions from the sector is central to achieving the pledged net-zero goals of nations.</p><p>Real estate investors are increasingly putting sustainability at the center of their decision-making processes, given the close association between climate risk and real estate assets, both of which are location-based. In the meantime, more stringent building decarbonization regulations are putting pressure on real estate owners and investors, who must invest heavily to retrofit their buildings or pay “carbon penalties” and see their assets lose value. In recognition of the real estate sector's vulnerability and its contribution to climate change, the MIT Inaugural Climate and Real Estate Symposium was held on the MIT campus on December 4 and 5, 2022. Sponsored by the MIT Center for Real Estate, the conference brought together some of the leading experts on the interface of real estate markets and their reaction and adaptation to climate change. Academic, policy, and industry experts convened to listen to and discuss the leading research in this area.</p><p>The <i>Journal of Regional Science</i> is pleased to publish this special issue, consisting of five papers from that conference. Edited by Juan Palacios of Maastricht University and MIT (assisted by Siqi Zheng and Ed Coulson), the papers have been vetted through the conference discussions as well as the journal's standard refereeing process. The contributors include some of the leading scholars in the area of sustainable real estate, and the papers represent a broad set of analyses on important issues in this field:</p><p>Le (<span>2024</span>) sheds light on the dynamics of residential markets following Hurricane Sandy, and factors explaining the price recovery. The estimates show that remodeling expenditures are responsible for the return of prices to pre-storm levels, rather than changes in risk perception. In addition, the author documents an increase in flood insurance take-up rates in affected areas outside of floodplains after the hurricane.</p><p>On the other hand, the increasing availability of green finance instruments offers a promising set of solutions to transform real estate into a more resilient and environmentally friend
Ling 等人(2023 年)探讨了气候风险从房地产向上市股票市场的传导。作者估计,当地房地产市场受到的气候冲击会导致美国上市房地产投资信托基金(REITs)的季度股票回报率下降 0.2-1.4 个百分点。这两篇论文都表明,在气候风险面前,债务和股票市场可能是脆弱的。这五篇论文共同构成了对房地产和气候风险研究的宝贵贡献。更重要的是,特刊编辑希望这些论文能促进对这些问题的进一步研究,并有助于研究成果的传播。这对我们通过支持房地产行业、建筑环境和整个经济领域的气候行动--包括减缓和适应干预措施--来应对气候挑战的努力至关重要。
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引用次数: 0
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Journal of Regional Science
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