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The Impact of Commercial Real Estate Regulations on U.S. Output

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NBER2023-11-01 更新2025-01-04 收录
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Commercial real estate accounts for roughly 20% of the U.S. fixed asset stock, and commercial land use is highly regulated. However, little is known about the quantitative impact of these regulations on economic activity or consumer welfare. This paper develops a spatial general equilibrium model of

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2023-11-01
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