The effect of localized density on housing prices in Singapore
Author
Abstract
Suggested Citation
DOI: 10.1016/j.regsciurbeco.2017.12.002
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Liu, Yishen, 2018. "Estimating the elasticity of supply of housing space rather than units," Regional Science and Urban Economics, Elsevier, vol. 68(C), pages 1-10.
- Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2015.
"The Economics of Density: Evidence From the Berlin Wall,"
Econometrica, Econometric Society, vol. 83, pages 2127-2189, November.
- Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2012. "The Economics of Density: Evidence from the Berlin Wall," SERC Discussion Papers 0118, Centre for Economic Performance, LSE.
- Ahlfeldt, Gabriel M. & Redding, Stephen J. & Sturm, Daniel & Wolf, Nikolaus, 2012. "The economics of density: evidence from the Berlin wall," LSE Research Online Documents on Economics 58600, London School of Economics and Political Science, LSE Library.
- Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2014. "The Economics of Density: Evidence from the Berlin Wall," NBER Working Papers 20354, National Bureau of Economic Research, Inc.
- Ahlfeldt, Gabriel M. & Redding, Stephen & Sturm, Daniel M. & Wolf, Nikolaus, 2015. "The economics of density: evidence from the Berlin Wall," LSE Research Online Documents on Economics 61152, London School of Economics and Political Science, LSE Library.
- Sturm, Daniel & Ahlfeldt, Gabriel & Redding, Stephen & Wolf, Nikolaus, 2013. "The Economics of Density: Evidence from the Berlin Wall," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79873, Verein für Socialpolitik / German Economic Association.
- Gabriel M. Ahlfeldt & Stephen J. Redding & Daniel M. Sturm & Nikolaus Wolf, 2012. "The Economics of Density: Evidence from the Berlin Wall," CEP Discussion Papers dp1154, Centre for Economic Performance, LSE.
- Redding, Stephen & Sturm, Daniel & Wolf, Nikolaus & Ahlfeldt, Gabriel, 2014. "The Economics of Density: Evidence from the Berlin Wall," CEPR Discussion Papers 10097, C.E.P.R. Discussion Papers.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2019.
"The economic effects of density: A synthesis,"
Journal of Urban Economics, Elsevier, vol. 111(C), pages 93-107.
- Gabriel Ahlfeldt & Elisabetta Pietrostefani, 2017. "The Economic Effects of Density: A Synthesis," CESifo Working Paper Series 6744, CESifo.
- Ahlfeldt, Gabriel & Pietrostefani, Elisabetta, 2019. "The economic effects of density: A synthesis," CEPR Discussion Papers 13440, C.E.P.R. Discussion Papers.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2019. "The economic effects of density: a synthesis," LSE Research Online Documents on Economics 100482, London School of Economics and Political Science, LSE Library.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2017. "The economic effects of density: A synthesis," LSE Research Online Documents on Economics 83628, London School of Economics and Political Science, LSE Library.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2019. "The economic effects of density: a synthesis," LSE Research Online Documents on Economics 100004, London School of Economics and Political Science, LSE Library.
- Gabriel M. Ahlfeldt & Elisabetta Pietrostefani, 2017. "The Economic Effects of Density: A Synthesis," SERC Discussion Papers 0210, Centre for Economic Performance, LSE.
- Jan K. Brueckner & Shihe Fu & Yizhen Gu & Junfu Zhang, 2017.
"Measuring the Stringency of Land Use Regulation: The Case of China's Building Height Limits,"
The Review of Economics and Statistics, MIT Press, vol. 99(4), pages 663-677, July.
- Brueckner, Jan & Fu, Shihe & Gu, Yizhen & Zhang, Junfu, 2016. "Measuring the Stringency of Land-Use Regulation: The Case of China's Building-Height Limits," MPRA Paper 70289, University Library of Munich, Germany.
- Jan K. Brueckner & Shihe Fu & Yizhen Gu & Junfu Zhang, 2016. "Measuring the Stringency of Land-Use Regulation: The Case of China's Building-Height Limits," CESifo Working Paper Series 5855, CESifo.
- Shihe Fu, 2017. "Measuring the Stringency of Land Use Regulation: The Case of China's Building Height Limits," Working Papers 2017-10-16, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
- Brueckner, Jan K. & Largey, Ann G., 2008.
"Social interaction and urban sprawl,"
Journal of Urban Economics, Elsevier, vol. 64(1), pages 18-34, July.
- Jan K. Brueckner & Ann G. Largey, 2006. "Social Interaction and Urban Sprawl," Working Papers 060707, University of California-Irvine, Department of Economics.
- Jan K. Brueckner & Ann G. Largey, 2006. "Social Interaction and Urban Sprawl," CESifo Working Paper Series 1843, CESifo.
- Jackson, Kristoffer (Kip), 2018. "Regulation, land constraints, and California’s boom and bust," Regional Science and Urban Economics, Elsevier, vol. 68(C), pages 130-147.
- Fesselmeyer, Eric & Liu, Haoming & Salvo, Alberto, 2016. "How Do Households Discount over Centuries? Evidence from Singapore's Private Housing Market," IZA Discussion Papers 9862, Institute of Labor Economics (IZA).
- Ciccone, Antonio & Hall, Robert E, 1996.
"Productivity and the Density of Economic Activity,"
American Economic Review, American Economic Association, vol. 86(1), pages 54-70, March.
- Antonio Ciccone & Robert E. Hall, 1993. "Productivity and the Density of Economic Activity," NBER Working Papers 4313, National Bureau of Economic Research, Inc.
- Antonio Ciccone & Robert E. Hall, 1995. "Productivity and the density of economic activity," Economics Working Papers 120, Department of Economics and Business, Universitat Pompeu Fabra.
- Glaeser, Edward L & Gyourko, Joseph & Saks, Raven, 2005. "Why Is Manhattan So Expensive? Regulation and the Rise in Housing Prices," Journal of Law and Economics, University of Chicago Press, vol. 48(2), pages 331-369, October.
- Jin-Seong Lee, 2016. "Measuring the value of apartment density?," International Journal of Housing Markets and Analysis, Emerald Group Publishing Limited, vol. 9(4), pages 483-501, October.
- Belinda Yuen & Anthony Yeh & Stephen John Appold & George Earl & John Ting & Lanny Kurnianingrum Kwee, 2006. "High-rise Living in Singapore Public Housing," Urban Studies, Urban Studies Journal Limited, vol. 43(3), pages 583-600, March.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bo‐sin Tang & Winky K.O. Ho & Siu Wai Wong, 2021. "Sustainable development scale of housing estates: An economic assessment using machine learning approach," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(4), pages 708-718, July.
- Zhou, Qian & Shao, Qinglong & Zhang, Xiaoling & Chen, Jie, 2020. "Do housing prices promote total factor productivity? Evidence from spatial panel data models in explaining the mediating role of population density," Land Use Policy, Elsevier, vol. 91(C).
- Fesselmeyer, Eric & Liu, Haoming & Poco, Louisa, 2021. "How Much Do Households Dislike Local Density? And Do Developers Fully Consider Their Preferences? Evidence from a Policy Change in Singapore," IZA Discussion Papers 14730, Institute of Labor Economics (IZA).
- Acolin, Arthur & Colburn, Gregg & Walter, Rebecca J., 2022. "How do single-family homeowners value residential and commercial density? It depends," Land Use Policy, Elsevier, vol. 113(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Fesselmeyer, Eric & Liu, Haoming & Poco, Louisa, 2021. "How Much Do Households Dislike Local Density? And Do Developers Fully Consider Their Preferences? Evidence from a Policy Change in Singapore," IZA Discussion Papers 14730, Institute of Labor Economics (IZA).
- Ahlfeldt, Gabriel M. & Barr, Jason, 2022.
"The economics of skyscrapers: A synthesis,"
Journal of Urban Economics, Elsevier, vol. 129(C).
- Ahlfeldt, Gabriel & Barr, Jason M., 2020. "The economics of skyscrapers: A synthesis," CEPR Discussion Papers 14987, C.E.P.R. Discussion Papers.
- Ahlfeldt, Gabriel M. & Barr, Jason, 2022. "The economics of skyscrapers: a synthesis," LSE Research Online Documents on Economics 112791, London School of Economics and Political Science, LSE Library.
- Gabriel Ahlfeldt & Jason Barr, 2020. "The Economics of Skyscrapers: A Synthesis," CESifo Working Paper Series 8427, CESifo.
- Ahlfeldt, Gabriel M. & Barr, Jason, 2020. "The economics of skyscrapers: a synthesis," LSE Research Online Documents on Economics 108469, London School of Economics and Political Science, LSE Library.
- Gabriel M. Ahlfeldt & Jason Barr, 2020. "The economics of skyscrapers: a synthesis," CEP Discussion Papers dp1704, Centre for Economic Performance, LSE.
- Ahfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2017. "The compact city in empirical research: A quantitative literature review," LSE Research Online Documents on Economics 83638, London School of Economics and Political Science, LSE Library.
- Gabriel M. Ahfeldt & Elisabetta Pietrostefani, 2017. "The Compact City in Empirical Research: A Quantitative Literature Review," SERC Discussion Papers 0215, Centre for Economic Performance, LSE.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2019.
"The economic effects of density: A synthesis,"
Journal of Urban Economics, Elsevier, vol. 111(C), pages 93-107.
- Gabriel M. Ahlfeldt & Elisabetta Pietrostefani, 2017. "The Economic Effects of Density: A Synthesis," SERC Discussion Papers 0210, Centre for Economic Performance, LSE.
- Ahlfeldt, Gabriel & Pietrostefani, Elisabetta, 2019. "The economic effects of density: A synthesis," CEPR Discussion Papers 13440, C.E.P.R. Discussion Papers.
- Gabriel Ahlfeldt & Elisabetta Pietrostefani, 2017. "The Economic Effects of Density: A Synthesis," CESifo Working Paper Series 6744, CESifo.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2017. "The economic effects of density: A synthesis," LSE Research Online Documents on Economics 83628, London School of Economics and Political Science, LSE Library.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2019. "The economic effects of density: a synthesis," LSE Research Online Documents on Economics 100004, London School of Economics and Political Science, LSE Library.
- Ahlfeldt, Gabriel M. & Pietrostefani, Elisabetta, 2019. "The economic effects of density: a synthesis," LSE Research Online Documents on Economics 100482, London School of Economics and Political Science, LSE Library.
- Gilles Duranton & Diego Puga, 2023.
"Urban Growth and Its Aggregate Implications,"
Econometrica, Econometric Society, vol. 91(6), pages 2219-2259, November.
- Puga, Diego & Duranton, Gilles, 2019. "Urban growth and its aggregate implications," CEPR Discussion Papers 14215, C.E.P.R. Discussion Papers.
- Gilles Duranton & Diego Puga, 2020. "Urban Growth and its Aggreate Implications," Working Papers wp2020_2013, CEMFI.
- Gilles Duranton & Diego Puga, 2019. "Urban Growth and its Aggregate Implications," NBER Working Papers 26591, National Bureau of Economic Research, Inc.
- Teulings, Coen N. & Ossokina, Ioulia V. & de Groot, Henri L.F., 2018.
"Land use, worker heterogeneity and welfare benefits of public goods,"
Journal of Urban Economics, Elsevier, vol. 103(C), pages 67-82.
- Teulings, Coen & De Groot, Henri L.F. & Ossokina, Ioulia V., 2014. "Land use, worker heterogeneity and welfare benefits of public goods," CEPR Discussion Papers 10216, C.E.P.R. Discussion Papers.
- Gilles Duranton & Diego Puga, 2020.
"The Economics of Urban Density,"
Journal of Economic Perspectives, American Economic Association, vol. 34(3), pages 3-26, Summer.
- Gilles Duranton & Diego Puga, 2020. "The Economics of Urban Density," NBER Working Papers 27215, National Bureau of Economic Research, Inc.
- Gilles Duranton & Diego Puga, 2020. "The Economics of Urban Density," Working Papers wp2020_2015, CEMFI.
- Puga, Diego & Duranton, Gilles, 2020. "The Economics of Urban Density," CEPR Discussion Papers 14768, C.E.P.R. Discussion Papers.
- Henderson, J. Vernon & Thisse, Jacques-François, 2024. "Urban and spatial economics after 50 years," LSE Research Online Documents on Economics 125675, London School of Economics and Political Science, LSE Library.
- Monkkonen, Paavo & Manville, Michael & Lens, Michael, 2024. "Built out cities? A new approach to measuring land use regulation," Journal of Housing Economics, Elsevier, vol. 63(C).
- Gerard H Dericks & Hans R A Koster, 2021.
"The billion pound drop: the Blitz and agglomeration economies in London [The economics of density: evidence from the Berlin wall],"
Journal of Economic Geography, Oxford University Press, vol. 21(6), pages 869-897.
- Dericks, Gerard & Koster, Hans R. A., 2018. "The billion pound drop: the blitz and agglomeration economics in London," LSE Research Online Documents on Economics 88694, London School of Economics and Political Science, LSE Library.
- Gerard H. Dericks & Hans R. A. Koster, 2018. "The billion pound drop: the blitz and agglomeration economies in London," CEP Discussion Papers dp1542, Centre for Economic Performance, LSE.
- Herkenhoff, Kyle F. & Ohanian, Lee E. & Prescott, Edward C., 2018.
"Tarnishing the golden and empire states: Land-use restrictions and the U.S. economic slowdown,"
Journal of Monetary Economics, Elsevier, vol. 93(C), pages 89-109.
- Kyle F. Herkenhoff & Lee E. Ohanian & Edward C. Prescott, 2017. "Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown," NBER Working Papers 23790, National Bureau of Economic Research, Inc.
- Camilo Andrés Acosta Mejía, 2021. "The Incidence of Land Use Regulations," Documentos de Trabajo de Valor Público 19223, Universidad EAFIT.
- Brueckner, Jan K. & Singh, Ruchi, 2020.
"Stringency of land-use regulation: Building heights in US cities,"
Journal of Urban Economics, Elsevier, vol. 116(C).
- Jan K. Brueckner & Ruchi Singh, 2018. "Stringency of Land-Use Regulation: Building Heights in US Cities," CESifo Working Paper Series 6978, CESifo.
- Duranton, Gilles & Puga, Diego, 2015.
"Urban Land Use,"
Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 467-560,
Elsevier.
- Duranton, Gilles & Puga, Diego, 2014. "Urban land use," CEPR Discussion Papers 10282, C.E.P.R. Discussion Papers.
- Melanie Krause & André Seidel, 2020. "Land Scarcity and Urban Density within Cities," CESifo Working Paper Series 8660, CESifo.
- Grover, Arti & Lall, Somik & Timmis, Jonathan, 2023. "Agglomeration economies in developing countries: A meta-analysis," Regional Science and Urban Economics, Elsevier, vol. 101(C).
- Han, Wenjing & Zhang, Xiaoling & Zheng, Xian, 2020. "Land use regulation and urban land value: Evidence from China," Land Use Policy, Elsevier, vol. 92(C).
- Carozzi, Felipe & Roth, Sefi, 2023. "Dirty density: Air quality and the density of American cities," Journal of Environmental Economics and Management, Elsevier, vol. 118(C).
- Rutger-Jan Lange & Coen N. Teulings, 2021.
"The option value of vacant land: Don't build when demand for housing is booming,"
Tinbergen Institute Discussion Papers
21-022/IV, Tinbergen Institute.
- Teulings, Coen & Lange, Rutger-Jan, 2021. "The option value of vacant land: Don't build when demand for housing is booming," CEPR Discussion Papers 16023, C.E.P.R. Discussion Papers.
More about this item
Keywords
Density; Willingness-to-pay; Land-use policy; Compact city;All these keywords.
JEL classification:
- R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
- R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:regeco:v:68:y:2018:i:c:p:304-315. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/regec .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.