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.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 2792
- Klassifikation
-
Wirtschaft
Urban, Rural, Regional, Real Estate, and Transportation Economics: General
- Thema
-
urban sprawl
blight
market failures
Urbanisierung
Stadtzentrum
Städtischer Niedergang
Wohnstandort
Standortwettbewerb
Marktversagen
Kommunalplanung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Brueckner, Jan Keith
Helsley, Robert W.
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Brueckner, Jan Keith
- Helsley, Robert W.
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2009
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