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Agglomeration effects and housing market dynamics

Author

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  • Nygaard, Christian
  • Parkinson, Sharon
  • reynolds, margaret

Abstract

This research quantifies productivity-related agglomeration benefits arising from the concentration of employment in Australia. While agglomeration provides a policy rationale for densifying cities and concentrating employment, it also leads to higher house prices, which reduce entry and ongoing affordability, greater pollution and other wellbeing detriments such as crime, crowding and noise.

Suggested Citation

  • Nygaard, Christian & Parkinson, Sharon & reynolds, margaret, 2021. "Agglomeration effects and housing market dynamics," SocArXiv k9tcx_v1, Center for Open Science.
    • Handle: RePEc:osf:socarx:k9tcx_v1
    DOI: 10.31219/osf.io/k9tcx_v1
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