Does Bike Sharing Increase House Prices? Evidence From Micro-Level Data in Shanghai

Zhou, Zhengyi; H, Li; A, Zhang

doi:10.2139/ssrn.3409003

Cited by 2 publications

(1 citation statement)

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“…To be able to receive investment from Hábitat, a polygon must be located within a state and municipality whose respective governments are willing to cooperate with Hábitat's cost-sharing rules (which involve local governments providing 50 percent of project costs; in our projects, the municipalities provided 40 percent, the states 8 percent, and the beneficiaries 2 percent). 3 Hábitat defines eligibility in a spatial manner, using a geographic information system (GIS) to define a "polygon," which is an explicit geographic perimeter outlining a neighborhood that meets the criteria for inclusion. A Hábitat polygon is smaller than a locality and is a designation not used by other layers of government.…”

Section: A Program Descriptionmentioning

confidence: 99%

The Neighborhood Impacts of Local Infrastructure Investment: Evidence from Urban Mexico

McIntosh

Alegría²,

Ordóñez³

et al. 2018

American Economic Journal: Applied Economics

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This paper reports on the results of a large infrastructure investment experiment in which $68 million in spending was randomly allocated across a set of low-income urban neighborhoods in Mexico. We show that the program resulted in substantial improvements in access to infrastructure and increases in private investment in housing. While a pre-committed index of social capital did not improve, we find an apparent decrease in the incidence of personal assault and teen misbehavior in neighborhoods where investments were made. The program increased the aggregate real estate value in program neighborhoods by two dollars for every dollar invested. (JEL H76, O18, R23, R31, R53, Z13)

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Section: A Program Descriptionmentioning

confidence: 99%