The Local Economic Effects of Public Housing in the United States, 1940-1970

• 成果类型: Article
• 署名作者: Washington & Lee University
• 刊物名称: JOURNAL OF ECONOMIC HISTORY
• ISSN/ISSBN: 0022-0507
• DOI: 10.1017/S0022050713000855
• 发表日期: 2013
• 页码: 978-1016
• 关键词: property-values; CONSEQUENCES; opportunity; assistance; projects; impacts; crime; POOR

摘要

Between 1933 and 1973 the federal government funded the construction of over 1 million units of low-rent housing. Using county-level data, I find that communities with high densities of public housing had lower median family income, lower median property values, lower population density, and a higher percentage of families with low income in 1970. However, I find no negative effects of public housing in 1950 or 1960, implying that long-run negative effects only became apparent in the 1960s. The effects found in 1970 are partially due to a decline in human capital.