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Estimating the Economic Value of Zoning Reform

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NBER2021-11-01 更新2025-01-04 收录
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We develop a framework to estimate the economic value of a recent zoning reform in the city of So Paulo, which altered maximum permitted construction at the city-block level. Using a spatial regression discontinuity design, we show that developers respond to the reform with short-run increases in

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2021-11-01
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