Search

ABSTRACT This paper examines the continued strong population growth in U.S. nonmetropolitan areas possessing high levels of natural amenities during the 1990s and the reasons for near convergence of growth across the top tiers of the amenity hierarchy. Based on estimated parsimonious spatial hedonic growth regressions, strong demand for high-amenity areas continued in the 1990s, but the converging of population growth across the top tiers appeared related to capitalization of amenity differences among the tiers into factor prices. Yet, evidence obtained from controlling for spatial effects suggests that the relative quality of life in the top two tiers had deteriorated. [ABSTRACT FROM AUTHOR]

ABSTRACT U.S. post-war suburbanization has reshaped the spatial pattern of growth in many metropolitan areas, with population and employment shift toward the suburbs resulting in the urban decay of central cities. This being the case, the adoption of adequate anti-sprawl policies should lead to a reduction in city blight. Availability of detailed blight measures at the city level enables us to undertake a novel empirical analysis to test this hypothesis. The empirical specification presented here identifies the specific impact of more stringent anti-sprawl policies adopted at the metro level, proxied by the adoption of urban containment policies, on city blight. Results indicate that the adoption of such policies has effectively contributed to the reduction of downtown deterioration. [ABSTRACT FROM AUTHOR]