酒精消费与社区价值

Alcohol consumption and the value of community

Real Estate Economics · 2024
被引 1
人大 A-ABS 3

中文导读

研究新加坡一次意外骚乱后实施的禁酒令对房价的影响,发现禁酒区内房价变化微弱,而区外800米内房价上涨,表明酒精消费的效用与负效用几乎抵消。

Abstract

Abstract This article investigates the value of access to alcohol consumption by examining housing price changes after a liquor ban that was catalyzed by an unexpected riot in Singapore. The ban restricts alcohol consumption in liquor control zones further than in areas outside such zones. We find that the housing price changes in the liquor control zones were weak, which implies that the utility and disutility of alcohol consumption almost cancel each other out. In contrast, housing prices increased for houses within 800 m of but outside the liquor control zones. We investigate potential explanations for these phenomena.

酒精消费住房价格禁酒令社区价值