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American Economic Journal: Applied Economics: Vol. 5 No. 1 (January 2013)
AEJ: Applied Volume. 5, Issue 1 |
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AEJ: Applied Forthcoming Articles
Slum Clearance and Urban Renewal in the United States
Article Citation
Collins, William J., and
Katharine L. Shester. 2013. "Slum Clearance and Urban Renewal in the United States."
American Economic Journal: Applied Economics,
5(1): 239-73.
DOI: 10.1257/app.5.1.239
DOI: 10.1257/app.5.1.239
Abstract
We study the local effects of a federal program that helped cities clear
areas for redevelopment, rehabilitate structures, complete city plans,
and enforce building codes. We use an instrumental variable strategy
to estimate the program's effects on city-level measures of income,
property values, employment and poverty rates, and population. The
estimated effects on income, property values, and population are positive and economically significant. They are not driven by changes
in demographic composition. Estimated effects on poverty reduction
and employment are positive but imprecise. The results are consistent
with a model in which local productivity is enhanced. (JEL I32, N32,
N92, R23, R38, R58)
Article Full-Text Access
Full-text Article
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Authors
Collins, William J. (Vanderbilt U)
Shester, Katharine L. (Washington and Lee U)
Shester, Katharine L. (Washington and Lee U)
JEL Classifications
I32: Measurement and Analysis of Poverty
N32: Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: 1913-
N92: Regional and Urban History: U.S.; Canada: 1913-
R23: Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
R38: Production Analysis and Firm Location: Government Policy
R58: Regional Development Planning and Policy
N32: Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: 1913-
N92: Regional and Urban History: U.S.; Canada: 1913-
R23: Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
R38: Production Analysis and Firm Location: Government Policy
R58: Regional Development Planning and Policy
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