Office spaces and urban costs

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buir.contributor.authorAbdurahimov, Ramiz
buir.contributor.orcidAbdurahimov, Ramiz|0000-0003-1233-1336
dc.contributor.authorAbdurahimov, Ramiz
dc.date.accessioned2024-03-15T13:46:57Z
dc.date.available2024-03-15T13:46:57Z
dc.date.issued2023-05-10
dc.departmentDepartment of Economics
dc.description.abstractThis paper aims to provide insights about the role of professional businesses, which are inputs that are sourced more locally than material inputs, in shaping urban land prices. Exploiting an exogenous variation in the form of market access, I estimate how much land prices change as a response to an increase in the use of housing by professional business services. I find that a percentage increase in local office propensity increases urban land prices by 0.59%, controlling for numerous geographical and socio-economic factors. The estimated effect is twice larger when corrected for the endogeneity bias.
dc.embargo.release2024-11-10
dc.identifier.doi10.1080/13504851.2023.2208838
dc.identifier.eissn1466-4291
dc.identifier.issn1350-4851
dc.identifier.urihttps://hdl.handle.net/11693/114818
dc.language.isoen_US
dc.publisherTaylor&Francis
dc.relation.isversionofhttps://doi.org/10.1080/13504851.2023.2208838
dc.rightsCC BY-NC-ND 4.0 Deed (Attribution-NonCommercial-NoDerivs 4.0 International)
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.source.titleApplied Economics Letters
dc.subjectMarket access
dc.subjectProfessional businesses
dc.subjectUrban costs
dc.titleOffice spaces and urban costs
dc.typeArticle
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