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Estimating the distortionary effects of ethnic quotas in Singapore using housing transactions

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  • Wong, Maisy

Abstract

Desegregation is a key policy issue in many countries. I investigate a residential desegregation program in Singapore — the ethnic housing quotas. I show that choice restrictions imposed on apartment blocks above the quota limits (constrained) could have distortionary effects, causing price and quantity differences for constrained versus unconstrained blocks. I test these predictions by hand-matching more than 500,000 names in the phonebook to ethnicities, to calculate ethnic proportions at the apartment block level. I can then investigate differences for constrained and unconstrained blocks close to the quota limits and test for sorting around the limits. I find that price differences are between 3% and 5%. Quantity effects are economically significant, translating to longer time-on-market durations. Selection cannot fully explain these results. My results point to challenges in achieving desegregation using quantity restrictions.

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  • Wong, Maisy, 2014. "Estimating the distortionary effects of ethnic quotas in Singapore using housing transactions," Journal of Public Economics, Elsevier, vol. 115(C), pages 131-145.
  • Handle: RePEc:eee:pubeco:v:115:y:2014:i:c:p:131-145
    DOI: 10.1016/j.jpubeco.2014.04.006
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    7. Liang Zheng, 2016. "What city amenities matter in attracting smart people?," Papers in Regional Science, Wiley Blackwell, vol. 95(2), pages 309-327, June.
    8. Shin Bin Tan, 2023. "Do ethnic integration policies also improve socio-economic integration? A study of residential segregation in Singapore," Urban Studies, Urban Studies Journal Limited, vol. 60(4), pages 696-717, March.
    9. Fan, Ying & Sing, Tien Foo, 2021. "Macroeconomic policy-induced wealth effects on Chinese foreign housing investments," China Economic Review, Elsevier, vol. 69(C).
    10. Yongheng Deng & Maggie R. Hu & Adrian D. Lee, 2021. "Melting pot or salad bowl: Cultural distance and housing investments," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S1), pages 235-267, March.
    11. Tjaša Bjedov & Simon Lapointe & Thierry Madiès & Marie Claire Villeval, 2018. "Does decentralization of decisions increase the stability of large groups?," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 51(4), pages 681-716, December.
    12. Brunner, Beatrice & Kuhn, Andreas, 2014. "Immigration, Cultural Distance and Natives' Attitudes Towards Immigrants: Evidence from Swiss Voting Results," IZA Discussion Papers 8409, Institute of Labor Economics (IZA).
    13. Li Bingqiao & Fei Gao & Seck Tan, 2023. "Aging like fine wine: a Singapore public housing story," International Real Estate Review, Global Social Science Institute, vol. 26(1), pages 95-126.
    14. Fernández-Huertas Moraga, Jesús & Ferrer-i-Carbonell, Ada & Saiz, Albert, 2019. "Immigrant locations and native residential preferences: Emerging ghettos or new communities?," Journal of Urban Economics, Elsevier, vol. 112(C), pages 133-151.
    15. Florent Dubois & Christophe Muller, 2017. "Segregation and the Perception of the Minority," Working Papers halshs-01520308, HAL.
    16. Wong, Maisy, 2014. "Estimating the distortionary effects of ethnic quotas in Singapore using housing transactions," Journal of Public Economics, Elsevier, vol. 115(C), pages 131-145.
    17. Jia He & Haoming Liu & Tien Foo Sing & Changcheng Song & Wei-Kang Wong, 2020. "Superstition, Conspicuous Spending, and Housing Market: Evidence from Singapore," Management Science, INFORMS, vol. 66(2), pages 783-804, February.
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    19. Li, Qiang, 2014. "Ethnic diversity and neighborhood house prices," Regional Science and Urban Economics, Elsevier, vol. 48(C), pages 21-38.
    20. Zhang, Junfu & Zheng, Liang, 2015. "Are people willing to pay for less segregation? Evidence from U.S. internal migration," Regional Science and Urban Economics, Elsevier, vol. 53(C), pages 97-112.
    21. Phang, Sock-Yong & Helble, Matthias, 2016. "Housing Policies in Singapore," ADBI Working Papers 559, Asian Development Bank Institute.

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    More about this item

    Keywords

    Segregation; Regulation; Ethnic; Quotas;
    All these keywords.

    JEL classification:

    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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