000 02479cam a22003497 4500
001 w14373
003 NBER
005 20211020111658.0
006 m o d
007 cr cnu||||||||
008 210910s2008 mau fo 000 0 eng d
100 1 _aGlaeser, Edward L.
_911455
245 1 4 _aThe Economics of Place-Making Policies /
_cEdward L. Glaeser, Joshua D. Gottlieb.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2008.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w14373
500 _aOctober 2008.
520 3 _aShould the national government undertake policies aimed at strengthening the economies of particular localities or regions? Agglomeration economies and human capital spillovers suggest that such policies could enhance welfare. However, the mere existence of agglomeration externalities does not indicate which places should be subsidized. Without a better understanding of nonlinearities in these externalities, any government spatial policy is as likely to reduce as to increase welfare. Transportation spending has historically done much to make or break particular places, but current transportation spending subsidizes low-income, low-density places where agglomeration effects are likely to be weakest. Most large-scale place-oriented policies have had little discernable impact. Some targeted policies such as Empowerment Zones seem to have an effect but are expensive relative to their achievements. The greatest promise for a national place-based policy lies in impeding the tendency of highly productive areas to restrict their own growth through restrictions on land use.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aD0 - General
_2Journal of Economic Literature class.
690 7 _aH0 - General
_2Journal of Economic Literature class.
690 7 _aR0 - General
_2Journal of Economic Literature class.
700 1 _aGottlieb, Joshua D.
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w14373.
856 4 0 _uhttps://www.nber.org/papers/w14373
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w14373
942 _2ddc
_cW-PAPER
999 _c333749
_d292311