Construction Costs and the Supply of Housing Structure

By Joseph Gyourko, Albert Saiz. 2006

162 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/1274b63574ce14f83b26c651179abbdc67b2ee1e

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In Economics and Econometrics

Citations in the corpus

Search, Liquidity and the Dynamics of House Prices and Construction (2014, background): “Given (14), (29), (30) and (32), the dynamic equations for renters, buyers, owners and houses, per capita, respectively, can be written as”
The Geographic Determinants of Housing Supply (2010, result): “The assumption is consistent with previous research (Gyourko and Saiz, 2006), but I relax it later.”
Swings in Commercial and Residential Land Prices in the United States (2013, background): “8 Gyourko and Saiz (2006) estimate that the supply of physical housing structures in the United States is extremely elastic.”
The Economic Implications of Housing Supply (2018, unknown): “The key factors that account for the cross-sectional variation in structure production costs in this data are the extent of unionization in the construction industry, the level of local wages in general, and difficult topography (Gyourko and Saiz 2006).”
Housing dynamics: An urban approach (2014, background): “The literature on housing investment suggests that the impact of city size on construction costs is quite small (Topel and Rosen, 1988; Gyourko and Saiz, 2006).”
Urban Networks: Connecting Markets, People, and Ideas (2016, background): “Ψc,t ( Tr τ )ζ]τ (Γr,tγ̄φG1−φ r,t−1 Cr )γL Y 1−ζτ+φγL r,t (34)”
When Do Renters Behave Like Homeowners? High Rent, Price Anxiety, and NIMBYism (2018, background): “At the same time, this positive effect on prices has been framed as harmful to renters, with new developments and renovations accused of spurring the economic and cultural gentrification of a neighborhood (Angotti 2008; Betancur 2002;Hackworth and Smith 2001).”
Credit Supply and the Price of Housing (2015, unknown): “Such heterogeneity can arise from differences in housing supply elasticities, for instance because of local costs or land use regulation (Gyourko and Saiz, 2006; Gyourko, Saiz and Summers, 2006).”
On Local Housing Supply Elasticity (2008, background): “For instance, 92 per cent of firms in the construction sector employ less than 20 employees, with the elasticity of supply of new firms with respect to market size being close to one (Gyourko and Saiz, 2006).”