Does government investment in local public goods spur gentrification?
Subtitle: evidence from Beijing
By: Siqi Zheng, Matthew E. Kahn
Contributors: Kahn, Matthew E., 1966-; National Bureau of Economic Research
Series: NBER working paper series -- working paper 17002; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 17002.
Publisher: National Bureau of Economic Research
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "In Beijing, the metropolitan government has made enormous place based investments to increase green space and to improve public transit.  We examine the gentrification consequences of such public investments.  Using unique geocoded real estate and restaurant data, we document that the construction of the Olympic Village and two recent major subway systems have led to increased new housing supply in the vicinity of these areas, higher local prices and an increased quantity of nearby private chain restaurants"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 7/7/2011.

Includes bibliographical references.

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