Gentrification and Pioneer Businesses

• 成果类型: Article
• 署名作者: Behrens, Kristian; Boualam, Brahim; Martin, Julien; Mayneris, Florian
• 署名单位: University of Quebec; University of Quebec Montreal; HSE University (National Research University Higher School of Economics); Centre for Economic Policy Research - UK; Statistics Canada
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_01154
• 发表日期: 2024-01
• 页码: 119-132
• 关键词: city

摘要

Little is known about where hotspots of gentrification emerge within a city and the role that some types of businesses play in the process. We develop a method to detect the sectors whose presence heralds the process of gentrification in a neighborhood. We show that these sectors, mostly found in cultural and creative industries, help to anticipate neighborhood change and that their predictive power complements that of traditional gentrification determinants. We also examine mechanisms related to amenities, worker characteristics, and signaling that are consistent with these results. The analysis illustrates the importance of businesses in the sociodemographic dynamics of neighborhoods.