Pub Date : 2025-09-08DOI: 10.1016/j.regsciurbeco.2025.104139
Ari Anisfeld , Jordan Rosenthal-Kay
One rationale for place-based policy is that local development produces positive productivity spillovers. We examine the employment spillovers from a large local development project: opening a casino. Comparing employment in neighborhoods that won a casino license to runner-up neighborhoods that narrowly lost, we find that casinos create jobs in their immediate vicinity. However, we estimate net job losses overall when considering the broader neighborhood. Employment gains concentrate in the leisure and hospitality industry, suggesting spillovers are industry-specific or are driven by demand-side forces like trip-chaining. We develop theory to show that our estimates imply a rapid spatial decay of productivity spillovers.
{"title":"How local is local development? Evidence from casinos","authors":"Ari Anisfeld , Jordan Rosenthal-Kay","doi":"10.1016/j.regsciurbeco.2025.104139","DOIUrl":"10.1016/j.regsciurbeco.2025.104139","url":null,"abstract":"<div><div>One rationale for place-based policy is that local development produces positive productivity spillovers. We examine the employment spillovers from a large local development project: opening a casino. Comparing employment in neighborhoods that won a casino license to runner-up neighborhoods that narrowly lost, we find that casinos create jobs in their immediate vicinity. However, we estimate net job losses overall when considering the broader neighborhood. Employment gains concentrate in the leisure and hospitality industry, suggesting spillovers are industry-specific or are driven by demand-side forces like trip-chaining. We develop theory to show that our estimates imply a rapid spatial decay of productivity spillovers.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"115 ","pages":"Article 104139"},"PeriodicalIF":2.9,"publicationDate":"2025-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145060277","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-08-30DOI: 10.1016/j.regsciurbeco.2025.104142
Klint Mane , Geunyong Park , Ande Shen
This paper examines the impact of high-tech clusters on labor market inequalities, focusing on a place-based industrial policy known as ”Made in China 2025.” This policy aimed to attract high-tech firms to industrial clusters in designated ”pilot” cities by providing unprecedented fiscal incentives. By utilizing the staggered rollout of these pilot cities and representative online job posting data, we conduct an event-study analysis to explore the causal effects of high-tech clusters on labor demand across different occupations and regions. Our findings indicate that the policy resulted in a significant increase in job openings and wages in the pilot cities, but it also led to a widening wage gap between routine and non-routine occupations. In neighboring areas of the pilot cities, job openings and wages initially decreased in the short term but later recovered, indicating evidence of positive spillover effects from the high-tech clusters. Additionally, we show that the development of high-tech clusters has caused a reduction in the net income of workers in routine jobs, as it significantly raised housing costs in the pilot cities. These results suggest that policymakers should be cautious about the varying welfare effects when developing high-tech clusters.
{"title":"High-tech clusters, labor demand, and inequality: Evidence from “Made in China 2025”","authors":"Klint Mane , Geunyong Park , Ande Shen","doi":"10.1016/j.regsciurbeco.2025.104142","DOIUrl":"10.1016/j.regsciurbeco.2025.104142","url":null,"abstract":"<div><div>This paper examines the impact of high-tech clusters on labor market inequalities, focusing on a place-based industrial policy known as ”Made in China 2025.” This policy aimed to attract high-tech firms to industrial clusters in designated ”pilot” cities by providing unprecedented fiscal incentives. By utilizing the staggered rollout of these pilot cities and representative online job posting data, we conduct an event-study analysis to explore the causal effects of high-tech clusters on labor demand across different occupations and regions. Our findings indicate that the policy resulted in a significant increase in job openings and wages in the pilot cities, but it also led to a widening wage gap between routine and non-routine occupations. In neighboring areas of the pilot cities, job openings and wages initially decreased in the short term but later recovered, indicating evidence of positive spillover effects from the high-tech clusters. Additionally, we show that the development of high-tech clusters has caused a reduction in the net income of workers in routine jobs, as it significantly raised housing costs in the pilot cities. These results suggest that policymakers should be cautious about the varying welfare effects when developing high-tech clusters.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"115 ","pages":"Article 104142"},"PeriodicalIF":2.9,"publicationDate":"2025-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144922214","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-08-28DOI: 10.1016/j.regsciurbeco.2025.104144
Mizuki Kawabata , Michio Naoi , Shohei Yasuda
We examine the impact of urban redevelopment for mitigating earthquake damage risk on land values using a spatial regression discontinuity (RD) design. Our analysis exploits the risk discontinuity at the boundaries of dense urban districts with extremely high earthquake damage risk (high-risk DUDs) in Tokyo, using data on high-risk DUDs in 2012, 2017, and 2020. The cross-sectional RD estimates demonstrate that land values are consistently higher just outside than just inside the boundaries of high-risk DUDs that existed in 2012 but were removed by 2017 under urban redevelopment initiatives. The RD estimates further reveal that the discontinuous gap in land values at the boundaries of the former high-risk DUDs diminished over time. The differences in the RD estimates before and after the removal of high-risk DUDs between 2012 and 2017 indicate that this removal reduced the discontinuity at the former high-risk DUD boundaries, leading to a relative increase in land values of 1.5% by 2017 and 2.0% by 2020. These findings suggest that mitigating earthquake damage risk through urban redevelopment contributes to a progressive appreciation in land values.
{"title":"The impact of urban redevelopment for mitigating earthquake damage risk on land values","authors":"Mizuki Kawabata , Michio Naoi , Shohei Yasuda","doi":"10.1016/j.regsciurbeco.2025.104144","DOIUrl":"10.1016/j.regsciurbeco.2025.104144","url":null,"abstract":"<div><div>We examine the impact of urban redevelopment for mitigating earthquake damage risk on land values using a spatial regression discontinuity (RD) design. Our analysis exploits the risk discontinuity at the boundaries of dense urban districts with extremely high earthquake damage risk (<em>high-risk DUDs</em>) in Tokyo, using data on high-risk DUDs in 2012, 2017, and 2020. The cross-sectional RD estimates demonstrate that land values are consistently higher just outside than just inside the boundaries of high-risk DUDs that existed in 2012 but were removed by 2017 under urban redevelopment initiatives. The RD estimates further reveal that the discontinuous gap in land values at the boundaries of the former high-risk DUDs diminished over time. The differences in the RD estimates before and after the removal of high-risk DUDs between 2012 and 2017 indicate that this removal reduced the discontinuity at the former high-risk DUD boundaries, leading to a relative increase in land values of 1.5% by 2017 and 2.0% by 2020. These findings suggest that mitigating earthquake damage risk through urban redevelopment contributes to a progressive appreciation in land values.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"115 ","pages":"Article 104144"},"PeriodicalIF":2.9,"publicationDate":"2025-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145049534","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-08-26DOI: 10.1016/j.regsciurbeco.2025.104143
Yingdan Mei , Xiaoning Su , Pengfei Liu , Hong Lan , Yueming (Lucy) Qiu
Investment in hydrogen energy infrastructure is a promising way to achieve low-carbon and sustainable development. We provide a comprehensive assessment on the economic impact of hydrogen refueling stations (HRSs) based on the geocoded information on HRSs and housing transaction records from 2014 to 2023 in China. Our study reveals that establishing a HRS significantly lowers the transaction prices of surrounding housing within 1.4 km. Furthermore, the construction of a HRS significantly reduces housing prices by 7.65 %, mostly caused by the first constructed station. HRSs in areas with high population density have a greater negative impact on housing prices. Higher levels for environmental awareness among residents and government alleviate negative impacts. Visual exposure may exacerbate residents’ negative perceptions, prompting some individuals to relocate due to perceived uncertainty surrounding the HRS, thereby contributing to a decline in housing prices. Our results provide significant policy implications for appropriate intervention strategies to alleviate HRS-driven externalities.
{"title":"The economic impact of hydrogen energy infrastructure in China","authors":"Yingdan Mei , Xiaoning Su , Pengfei Liu , Hong Lan , Yueming (Lucy) Qiu","doi":"10.1016/j.regsciurbeco.2025.104143","DOIUrl":"10.1016/j.regsciurbeco.2025.104143","url":null,"abstract":"<div><div>Investment in hydrogen energy infrastructure is a promising way to achieve low-carbon and sustainable development. We provide a comprehensive assessment on the economic impact of hydrogen refueling stations (HRSs) based on the geocoded information on HRSs and housing transaction records from 2014 to 2023 in China. Our study reveals that establishing a HRS significantly lowers the transaction prices of surrounding housing within 1.4 km. Furthermore, the construction of a HRS significantly reduces housing prices by 7.65 %, mostly caused by the first constructed station. HRSs in areas with high population density have a greater negative impact on housing prices. Higher levels for environmental awareness among residents and government alleviate negative impacts. Visual exposure may exacerbate residents’ negative perceptions, prompting some individuals to relocate due to perceived uncertainty surrounding the HRS, thereby contributing to a decline in housing prices. Our results provide significant policy implications for appropriate intervention strategies to alleviate HRS-driven externalities.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"114 ","pages":"Article 104143"},"PeriodicalIF":2.9,"publicationDate":"2025-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144917882","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-08-19DOI: 10.1016/j.regsciurbeco.2025.104138
Roland Füss , Kathleen Kürschner Rauck , Alois Weigand
In a three-dimensional topographic model of Switzerland, we study how the view at photovoltaic (PV) systems affects residential real estate. Our hedonic difference-in-differences regressions provide evidence that the view at a PV system is associated with lower residential rents. We consider different view types to examine amplifiers and attenuators of these negative externalities. Using municipal voting results and data on electric vehicles, we document causal pathways of the effect that align with stated and lived preferences for sustainability. Similar causal pathways of negative externalities are evident through municipalities’ solar energy production potential and their local demand elasticities for housing.
{"title":"Residential rent externalities of photovoltaic systems: The relevance of view","authors":"Roland Füss , Kathleen Kürschner Rauck , Alois Weigand","doi":"10.1016/j.regsciurbeco.2025.104138","DOIUrl":"10.1016/j.regsciurbeco.2025.104138","url":null,"abstract":"<div><div>In a three-dimensional topographic model of Switzerland, we study how the view at photovoltaic (PV) systems affects residential real estate. Our hedonic difference-in-differences regressions provide evidence that the view at a PV system is associated with lower residential rents. We consider different view types to examine amplifiers and attenuators of these negative externalities. Using municipal voting results and data on electric vehicles, we document causal pathways of the effect that align with stated and lived preferences for sustainability. Similar causal pathways of negative externalities are evident through municipalities’ solar energy production potential and their local demand elasticities for housing.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"114 ","pages":"Article 104138"},"PeriodicalIF":2.9,"publicationDate":"2025-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144907313","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-08-06DOI: 10.1016/j.regsciurbeco.2025.104136
Idil Tanrisever
Promoting accessory dwelling units (ADUs), small residential backyard units, is one way that state and local governments have attempted to boost housing supply amid rising housing costs. However, homeowners worry about the impact on property values due to increased population and density. This paper studies the effect of ADU development on neighboring property values using an instrumental variable approach. I find that a 0.5 percentage point increase (the mean ADU concentration over the sample period of 2013–2021) in ADU density leads to a 3% decrease in nearby property prices. The negative spillover effects remain consistent within a 300-meter radius, after which they become statistically insignificant. The results are robust across alternative specifications and samples and the adverse effects of ADUs are more pronounced for properties with smaller lot sizes and those in low- and middle-rent neighborhoods. I provide evidence that ADU growth contributes to neighborhood externalities, including increased parking citations, domestic violence reports, illegal dumping, and neighborhood service requests, while showing no significant effects on overall or property crime.
{"title":"Spillover effects of accessory dwelling unit development","authors":"Idil Tanrisever","doi":"10.1016/j.regsciurbeco.2025.104136","DOIUrl":"10.1016/j.regsciurbeco.2025.104136","url":null,"abstract":"<div><div>Promoting accessory dwelling units (ADUs), small residential backyard units, is one way that state and local governments have attempted to boost housing supply amid rising housing costs. However, homeowners worry about the impact on property values due to increased population and density. This paper studies the effect of ADU development on neighboring property values using an instrumental variable approach. I find that a 0.5 percentage point increase (the mean ADU concentration over the sample period of 2013–2021) in ADU density leads to a 3% decrease in nearby property prices. The negative spillover effects remain consistent within a 300-meter radius, after which they become statistically insignificant. The results are robust across alternative specifications and samples and the adverse effects of ADUs are more pronounced for properties with smaller lot sizes and those in low- and middle-rent neighborhoods. I provide evidence that ADU growth contributes to neighborhood externalities, including increased parking citations, domestic violence reports, illegal dumping, and neighborhood service requests, while showing no significant effects on overall or property crime.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"114 ","pages":"Article 104136"},"PeriodicalIF":2.9,"publicationDate":"2025-08-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144810060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-07-31DOI: 10.1016/j.regsciurbeco.2025.104137
Naruki Notsu , Haruaki Hirota , Nobuo Akai
This study examines the effects of enhancing administrative tax enforcement on the tax gap, focusing on inter-municipal cooperation (IMC). IMC involves collaborative tax collection efforts among multiple municipalities and promotes the aggregation of tax collection resources and expertise, improving tax enforcement. Using the time variation in IMC creation across municipalities, we show that IMC substantially reduces the tax gap by reinforcing tax enforcement in local governments. Our findings suggest that enhanced administrative capability in tax enforcement can be an effective tool against noncompliance in ways other than facilitating voluntary compliance.
{"title":"Inter-municipal cooperation and tax enforcement capabilities","authors":"Naruki Notsu , Haruaki Hirota , Nobuo Akai","doi":"10.1016/j.regsciurbeco.2025.104137","DOIUrl":"10.1016/j.regsciurbeco.2025.104137","url":null,"abstract":"<div><div>This study examines the effects of enhancing administrative tax enforcement on the tax gap, focusing on inter-municipal cooperation (IMC). IMC involves collaborative tax collection efforts among multiple municipalities and promotes the aggregation of tax collection resources and expertise, improving tax enforcement. Using the time variation in IMC creation across municipalities, we show that IMC substantially reduces the tax gap by reinforcing tax enforcement in local governments. Our findings suggest that enhanced administrative capability in tax enforcement can be an effective tool against noncompliance in ways other than facilitating voluntary compliance.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"114 ","pages":"Article 104137"},"PeriodicalIF":2.9,"publicationDate":"2025-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144779552","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-07-12DOI: 10.1016/j.regsciurbeco.2025.104127
Naomi Hausman , Peleg Samuels , Maxime Cohen , Roy Sasson
This paper leverages new measurement of neighborhood consumption amenities to demonstrate that housing prices and rents in U.S. cities are likely determined nearly as much by access to amenities as by access to employment. We extend the Alonso–Muth–Mills model, allowing residents to derive utility from within-city trips to amenities. The model delivers standard estimable log-linear pricing equations as well as new measures of local amenities—based on a destination’s popularity during leisure hours—and of access to consumption amenities city wide. We find our amenity measures add substantial explanatory power, have large effects in magnitude, and reduce naive estimates of commute costs by 30%. Elasticities of rents with respect to employment access are 20%–50% larger than those with respect to amenity access. The findings hold using a variety of alternative measures and are neither driven by density nor fully explained by the locations of business establishments. These results suggest the potential resilience of cities to changes in employment locations.
{"title":"Urban pull: The roles of amenities and employment","authors":"Naomi Hausman , Peleg Samuels , Maxime Cohen , Roy Sasson","doi":"10.1016/j.regsciurbeco.2025.104127","DOIUrl":"10.1016/j.regsciurbeco.2025.104127","url":null,"abstract":"<div><div>This paper leverages new measurement of neighborhood consumption amenities to demonstrate that housing prices and rents in U.S. cities are likely determined nearly as much by access to amenities as by access to employment. We extend the Alonso–Muth–Mills model, allowing residents to derive utility from within-city trips to amenities. The model delivers standard estimable log-linear pricing equations as well as new measures of local amenities—based on a destination’s popularity during leisure hours—and of access to consumption amenities city wide. We find our amenity measures add substantial explanatory power, have large effects in magnitude, and reduce naive estimates of commute costs by 30%. Elasticities of rents with respect to employment access are 20%–50% larger than those with respect to amenity access. The findings hold using a variety of alternative measures and are neither driven by density nor fully explained by the locations of business establishments. These results suggest the potential resilience of cities to changes in employment locations.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"114 ","pages":"Article 104127"},"PeriodicalIF":3.5,"publicationDate":"2025-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144654104","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-07-11DOI: 10.1016/j.regsciurbeco.2025.104135
Bozong Yuan , Xinzhi Zhang
Enabling inland regions in developing countries to participate in the global market and overcome poverty remains a significant challenge. In this study, we use the International Land-Sea Trade Corridor (ILSTC) strategy as a quasi-natural experiment exploring the impact of inland infrastructure development on the internationalization of manufacturing enterprises located over 1000 km from the ocean. Our findings indicate that the construction of ILSTC significantly increases the likelihood, by 5.6 %, of these inland enterprises engaging in international markets. Further analysis reveals that the reduction in geographical distance primarily enhances the likelihood of enterprise internationalization by boosting export and import activities, outward investment, and participation of foreign suppliers. Furthermore, heterogeneity analysis shows the positive impact of the ILSTC to be more pronounced in smaller-scale companies facing stronger financial constraints. The macroeconomic impact test shows that the strategy has led to a 1.7 % increase in residents' income, a 3.5 % increase in per capita GDP, and a 7.6 % rise in per capita light intensity, contributing to narrowing the wealth gap between inland and coastal regions.
{"title":"Restoring inland prosperity: The impact of the New International Land-Sea Corridor on corporate internationalization and regional wealth gaps","authors":"Bozong Yuan , Xinzhi Zhang","doi":"10.1016/j.regsciurbeco.2025.104135","DOIUrl":"10.1016/j.regsciurbeco.2025.104135","url":null,"abstract":"<div><div>Enabling inland regions in developing countries to participate in the global market and overcome poverty remains a significant challenge. In this study, we use the International Land-Sea Trade Corridor (ILSTC) strategy as a quasi-natural experiment exploring the impact of inland infrastructure development on the internationalization of manufacturing enterprises located over 1000 km from the ocean. Our findings indicate that the construction of ILSTC significantly increases the likelihood, by 5.6 %, of these inland enterprises engaging in international markets. Further analysis reveals that the reduction in geographical distance primarily enhances the likelihood of enterprise internationalization by boosting export and import activities, outward investment, and participation of foreign suppliers. Furthermore, heterogeneity analysis shows the positive impact of the ILSTC to be more pronounced in smaller-scale companies facing stronger financial constraints. The macroeconomic impact test shows that the strategy has led to a 1.7 % increase in residents' income, a 3.5 % increase in per capita GDP, and a 7.6 % rise in per capita light intensity, contributing to narrowing the wealth gap between inland and coastal regions.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"114 ","pages":"Article 104135"},"PeriodicalIF":3.5,"publicationDate":"2025-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144713414","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-07-07DOI: 10.1016/j.regsciurbeco.2025.104132
Justin Tyndall
This paper estimates the impact of a new transit system on worker outcomes, accounting for endogenous worker decisions. I examine the phased opening of New York City’s commuter ferry system. I find evidence of a small but significant shift in commuting flows, towards routes with ferry service, driven by middle-to-high-income workers. I then propose and estimate a novel structural neighborhood choice model that recovers workers’ valuation of ferry service and the aggregate effects of the system on employment. Higher-income workers display a stronger preference for the ferry. Ferry routes also match the location preferences of higher-income workers, allowing these workers to capture almost all direct benefits from the new system. Differing home and work location preferences across income groups largely determine who benefits from a new transit system.
{"title":"Estimating commuter benefits of a new transit system: Evidence from New York City’s ferry service","authors":"Justin Tyndall","doi":"10.1016/j.regsciurbeco.2025.104132","DOIUrl":"10.1016/j.regsciurbeco.2025.104132","url":null,"abstract":"<div><div>This paper estimates the impact of a new transit system on worker outcomes, accounting for endogenous worker decisions. I examine the phased opening of New York City’s commuter ferry system. I find evidence of a small but significant shift in commuting flows, towards routes with ferry service, driven by middle-to-high-income workers. I then propose and estimate a novel structural neighborhood choice model that recovers workers’ valuation of ferry service and the aggregate effects of the system on employment. Higher-income workers display a stronger preference for the ferry. Ferry routes also match the location preferences of higher-income workers, allowing these workers to capture almost all direct benefits from the new system. Differing home and work location preferences across income groups largely determine who benefits from a new transit system.</div></div>","PeriodicalId":48196,"journal":{"name":"Regional Science and Urban Economics","volume":"114 ","pages":"Article 104132"},"PeriodicalIF":3.5,"publicationDate":"2025-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144587749","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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