短期租赁对当地消费设施的影响:马德里的证据

IF 3.2 3区 经济学 Q1 ECONOMICS Journal of Regional Science Pub Date : 2024-01-31 DOI:10.1111/jors.12685
Alberto Hidalgo, Massimo Riccaboni, Francisco J. Velázquez
{"title":"短期租赁对当地消费设施的影响:马德里的证据","authors":"Alberto Hidalgo,&nbsp;Massimo Riccaboni,&nbsp;Francisco J. Velázquez","doi":"10.1111/jors.12685","DOIUrl":null,"url":null,"abstract":"<p>This paper examines the impact of the arrival of Airbnb on local consumption amenities in Madrid. We exploit the exogenous variation created by the timing and uneven distribution of Airbnb listings in the city to determine the impact on food and beverage establishments. Using an instrumental variable strategy, we find positive local effects on both the number of restaurants and their employees: an increase of 14 Airbnb rooms in a given census tract leads to almost one more restaurant, and the same increase in a given neighborhood generates 11 new tourist-related employees. The results are robust to the specification and sample composition. This paper contributes to the literature on the economic impact of the platform economy on urban areas by providing evidence of market expansion externalities from short-term rentals.</p>","PeriodicalId":48059,"journal":{"name":"Journal of Regional Science","volume":null,"pages":null},"PeriodicalIF":3.2000,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.12685","citationCount":"0","resultStr":"{\"title\":\"The effect of short-term rentals on local consumption amenities: Evidence from Madrid\",\"authors\":\"Alberto Hidalgo,&nbsp;Massimo Riccaboni,&nbsp;Francisco J. Velázquez\",\"doi\":\"10.1111/jors.12685\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>This paper examines the impact of the arrival of Airbnb on local consumption amenities in Madrid. We exploit the exogenous variation created by the timing and uneven distribution of Airbnb listings in the city to determine the impact on food and beverage establishments. Using an instrumental variable strategy, we find positive local effects on both the number of restaurants and their employees: an increase of 14 Airbnb rooms in a given census tract leads to almost one more restaurant, and the same increase in a given neighborhood generates 11 new tourist-related employees. The results are robust to the specification and sample composition. This paper contributes to the literature on the economic impact of the platform economy on urban areas by providing evidence of market expansion externalities from short-term rentals.</p>\",\"PeriodicalId\":48059,\"journal\":{\"name\":\"Journal of Regional Science\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":3.2000,\"publicationDate\":\"2024-01-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://onlinelibrary.wiley.com/doi/epdf/10.1111/jors.12685\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Regional Science\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/jors.12685\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Regional Science","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/jors.12685","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0

摘要

本文探讨了 Airbnb 的到来对马德里当地消费设施的影响。我们利用 Airbnb 上市的时间和在城市中的不均匀分布所造成的外生变化来确定其对餐饮场所的影响。利用工具变量策略,我们发现了对餐馆数量及其员工的正向地方影响:在特定人口普查区,Airbnb 房间每增加 14 间,餐馆数量就会增加近 1 间;在特定街区,同样的增加量会产生 11 名新的旅游相关员工。这些结果对规格和样本组成都是稳健的。本文通过提供短租带来的市场扩张外部性证据,为有关平台经济对城市地区经济影响的文献做出了贡献。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

摘要图片

查看原文
分享 分享
微信好友 朋友圈 QQ好友 复制链接
本刊更多论文
The effect of short-term rentals on local consumption amenities: Evidence from Madrid

This paper examines the impact of the arrival of Airbnb on local consumption amenities in Madrid. We exploit the exogenous variation created by the timing and uneven distribution of Airbnb listings in the city to determine the impact on food and beverage establishments. Using an instrumental variable strategy, we find positive local effects on both the number of restaurants and their employees: an increase of 14 Airbnb rooms in a given census tract leads to almost one more restaurant, and the same increase in a given neighborhood generates 11 new tourist-related employees. The results are robust to the specification and sample composition. This paper contributes to the literature on the economic impact of the platform economy on urban areas by providing evidence of market expansion externalities from short-term rentals.

求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
CiteScore
4.90
自引率
6.70%
发文量
54
期刊介绍: The Journal of Regional Science (JRS) publishes original analytical research at the intersection of economics and quantitative geography. Since 1958, the JRS has published leading contributions to urban and regional thought including rigorous methodological contributions and seminal theoretical pieces. The JRS is one of the most highly cited journals in urban and regional research, planning, geography, and the environment. The JRS publishes work that advances our understanding of the geographic dimensions of urban and regional economies, human settlements, and policies related to cities and regions.
期刊最新文献
Issue Information The empirical evidence of digital trends in more disadvantaged European Union regions in terms of income and population density The geography of intergenerational mobility in Norway: Labor market diversity, career opportunities, and gender Climate change and real estate: An introduction to the special issue Out‐of‐area home purchase and U.S. internal migration
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
已复制链接
已复制链接
快去分享给好友吧!
我知道了
×
扫码分享
扫码分享
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1