Agglomeration effects and housing market dynamics

Christian Nygaard, Sharon Parkinson and Margaret Reynolds

No k9tcx, SocArXiv from Center for Open Science

Abstract: This research quantifies productivity-related agglomeration benefits arising from the concentration of employment in Australia. While agglomeration provides a policy rationale for densifying cities and concentrating employment, it also leads to higher house prices, which reduce entry and ongoing affordability, greater pollution and other wellbeing detriments such as crime, crowding and noise.

Date: 2021-10-06
New Economics Papers: this item is included in nep-geo and nep-ure
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:k9tcx

DOI: 10.31219/osf.io/k9tcx

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