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Zoning: Externalities or Misallocation?

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NBER2026-07-01 更新2026-07-15 收录
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We study how residential-commercial zoning affects the allocation of urban space. Using property-level data from Taipei and 34 U.S. metropolitan areas, we infer neighborhood-level zoning wedges from the allocation of residents, workers, and floor space. We find substantially greater dispersion in

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2026-07-01
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