Arbeitspapier
Sprawl and blight
The objective of this paper is to show how the same market failures that contribute to urban sprawl also contribute to urban blight. The paper develops a simple dynamic model in which new suburban and older central-city properties compete for mobile residents. The level of housing services generated by older properties depends on current maintenance or reinvest-ment expenditures. In this setting, market failures that reduce the cost of occupying suburban locations, thus leading to excessive suburban development, also depress central-city housing prices and undermine maintenance incentives, leading to deficient levels of central-city rein-vestment. Corrective policies that shift population from the suburbs to the center result in higher levels of reinvestment in central-city housing, therefore reducing blight.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 2792
- Classification
-
Wirtschaft
Urban, Rural, Regional, Real Estate, and Transportation Economics: General
- Subject
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urban sprawl
blight
market failures
Urbanisierung
Stadtzentrum
Städtischer Niedergang
Wohnstandort
Standortwettbewerb
Marktversagen
Kommunalplanung
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Brueckner, Jan Keith
Helsley, Robert W.
- Event
-
Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2009
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Brueckner, Jan Keith
- Helsley, Robert W.
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2009