Abstract

http://ssrn.com/abstract=304069
 
 

Citations



 


 



City Quality of Life Dynamics: Measuring the Costs of Growth


Matthew E. Kahn


University of California, Los Angeles (UCLA)


The Journal of Real Estate Finance and Economics, Vol. 22, Issue 2 & 3

Abstract:     
Two continuing California trends are population growth and improving air quality. Sprawl at the fringe of metropolitan areas may lower quality of life by contributing to congestion, reducing open space and raising pollution levels. This paper studies this claim by estimating hedonic wage and rental regressions using California 1980 and 1990 micro census data. Real rents have fallen in faster growing areas, suggesting that the "growth causes degradation" hypothesis has some merit. Sprawl's damage to local quality of life would be higher if fringe growth degrades air quality and households greatly value avoiding polluted areas. The relative importance of air quality as an urban amenity is tested using data from Los Angeles county, an area where dramatic improvements in smog have taken place. While high ozone areas feature lower rents, the ozone's capitalization suggests that it is not a key urban disamenity.

Keywords: quality of life, externalities and local growth

JEL Classification: Q25, R12, R23

Accepted Paper Series


Not Available For Download

Date posted: July 29, 2002  

Suggested Citation

Kahn, Matthew E., City Quality of Life Dynamics: Measuring the Costs of Growth. The Journal of Real Estate Finance and Economics, Vol. 22, Issue 2 & 3. Available at SSRN: http://ssrn.com/abstract=304069

Contact Information

Matthew E. Kahn (Contact Author)
University of California, Los Angeles (UCLA) ( email )
405 Hilgard Avenue
Box 951361
Los Angeles, CA 90095
United States
HOME PAGE: http://mek1966.googlepages.com
Feedback to SSRN


Paper statistics
Abstract Views: 670

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo4 in 0.938 seconds