Equilibrium Outcomes and Amenity Valuation in a Multispatial Residential Sorting Framework
研究了空间尺度如何影响居民偏好识别和政策效果评估,构建了多空间居住选择模型,发现环境舒适度对选址的影响随空间尺度变化,且福利效应受跨空间交互作用影响。
This article investigates the role of spatial scale in recovering resident preferences and evaluating policy effects after changes in environmental amenities. As homeowners choose locations, different trade-offs occur across spatial scales, which jointly determine observed choices and equilibrium outcomes. To explore these trade-offs, we develop a multispatial residential location choice model at the school attendance boundary and the residential neighborhood levels that demonstrates the spatially varying influence of environmental amenities on location choice. Furthering this analysis, welfare simulations provide evidence that tradeoffs interact across space in various ways to shape welfare implications and distributional outcomes arising from policy.