The elected official next door
Daniel B. Jones,
Randall Walsh and
Jiangnan Zeng
Regional Science and Urban Economics, 2025, vol. 111, issue C
Abstract:
This paper examines whether the election of a city council member generates highly localized benefits within their own neighborhoods. We use housing prices as a summary statistic to capture the numerous and difficult to observe ways in which local government allocates localized amenities. Drawing on data on North Carolina city council elections and the universe of housing transactions, we use a close-elections regression discontinuity strategy. We find that housing prices substantially increase for houses very close (within 0.2 miles) to a newly elected councilmember’s place of residence.
Keywords: Housing; Local politics (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:111:y:2025:i:c:s0166046224001066
DOI: 10.1016/j.regsciurbeco.2024.104075
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