EconPapers    
Economics at your fingertips  
 

Spatial Reorganization in Urban Redevelopment: Evidence from an Earthquake in a Metropolitan Area

Hangtian Xu ()

MPRA Paper from University Library of Munich, Germany

Abstract: This study provides a new lens to look at urban redevelopment by focusing on the spatial reorganization within the redeveloped area. We begin by presenting a toy model of residents’ locational choice within a Metropolitan Area, which links crowded housing and market accessibility. A key ingredient in our model is the change in the location’s population bearing capacity before and after the redevelopment. Dense and high market accessibility locations stagnated due to crowded housing before the redevelopment, allowing for the expansion of less dense and low market accessibility locations. Redevelopment increased the land-use efficiency and relieved dense locations from crowded housing, allowing them to be denser and enter into a new phase of growth, at the cost of less dense locations. The urban spatial structure is thus reorganized. We then document substantial variation in population growth across locations within a Metropolitan Area of Japan, which underwent intensive redevelopment due to a seismic earthquake. Using the variation of pre- and post-redevelopment periods, as well as dense and less dense locations, in population growth, we find strong empirical support for the model’s predictions. Our results imply that urban redevelopment may be an appropriate strategy for developers to improve the spatial structure of a city, which is much needed for mega-cities.

Keywords: natural disaster; urban redevelopment; spatial organization (search for similar items in EconPapers)
JEL-codes: O18 R12 R23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo and nep-ure
Date: 2017-05-01
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/78986/1/MPRA_paper_78986.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:78986

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().

 
Page updated 2019-09-21
Handle: RePEc:pra:mprapa:78986