Homevoters vs. Leasevoters: A Spatial Analysis of Airport Effects
By Gabriel M. Ahlfeldt, W. Maennig. Social Science Research Network, 2015
113 citations recorded by the source corpus.
We use a public referendum on a new aviation concept in Berlin, Germany, as a natural experiment to analyze how the interaction of tenure and capitalization effects influences the outcome of direct democracy processes. We distinguish between homevoters, i.e., voters who are homeowners, and leasevoters, i.e., voters who lease their homes. We expect that homevoters would be more likely to support initiatives that positively affect the amenity value of a neighborhood because some of the related benefits of leasevoters are neutralized by adjustments in market rents. Likewise, homevoters would be more likely to oppose initiatives that negatively affect the amenity value of a neighborhood. Our empirical results are consistent with these expectations, implying that public votes on local public goods do not necessarily reflect the spatial distribution of welfare effects in mixed-tenure environments.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/42dcac1875a96bf0f27aeafa4d19e20b45b0ffa4
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In Economics and Econometrics
Citations in the corpus
- The economic effects of density: A synthesis (2019, unknown): “In line with evidence from the US (dedicated analysis based on Albouy & Lue, 2015 data). Elasticity increases in density (own meta-analysis) and is 0.21 for France (Combes et al. 2018). 4 Vehicle miles travelled (VMT) reduction 0.06 Citation-weighted mean elasticity in review, roughly in line with D”
- From periphery to core: measuring agglomeration effects using high-speed rail (2018, methodology): “To evaluate the temporal pattern of the adjustment and to empirically substantiate the chosen adjustment period, we estimate a time-varying treatment effects model such as in Ahlfeldt and Maennig (2015), where the treatment measure is the change in market potential used in Table 6.”