Cities without Skylines: Worldwide Building-Height Gaps and Their Implications

Arbeitspapier

There is a large literature in the U.S. measuring the extent and stringency of land-use regulations in urban areas and how these regulations affect important outcomes such as housing prices and economic growth. This paper is the first to present an international measure of regulatory stringency by estimating what we call building-height gaps. Using a novel geospatialized data set on the year of construction and heights of tall buildings around the world, we compare the total height of a country’s actual stock of tall buildings to what the total height would have been if building-height regulations were relatively less stringent, based on parameters from a benchmark set of countries. We find that these gaps are larger for richer countries and for residential buildings rather than for commercial buildings. The building-heights gaps correlate strongly with other measures of land-use regulation and international measures of housing prices, sprawl, congestion and pollution. Taken together, the results suggest that stringent building-height regulations around the world might be imposing relatively large welfare losses.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 8511

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Real Estate Markets, Spatial Production Analysis, and Firm Location: General ; Regional Government Analysis: General ; Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure ; Economywide Country Studies: General
• Thema: international buildings heights ; tall buildings ; skyscrapers ; land use regulations ; housing supply ; housing prices ; sprawl ; congestion ; pollution

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Jedwab, Remi ; Barr, Jason ; Brueckner, Jan K.
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and Ifo Institute (CESifo)
• (wo): Munich
• (wann): 2020

Weitere Informationen

• Handle: http://hdl.handle.net/10419/223583
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ