The Neighborhood Impacts of Local Infrastructure Investment: Evidence from Urban Mexico

• 成果类型: Article
• 署名作者: McIntosh, Craig; Alegria, Tito; Ordonez, Gerardo; Zenteno, Rene
• 署名单位: University of California System; University of California San Diego; Colegio Frontera Norte; University of Texas System; University of Texas at San Antonio
• 刊物名称: AMERICAN ECONOMIC JOURNAL-APPLIED ECONOMICS
• ISSN/ISSBN: 1945-7782
• DOI: 10.1257/app.20160429
• 发表日期: 2018
• 页码: 263-286
• 关键词: PROPERTY-RIGHTS; federal-grants; poverty; GROWTH; crime; PROGRAMS; HEALTH; MARKET; roads

摘要

This paper reports on the results of a large infrastructure investment experiment in which $68 million in spending was randomly allocated across a set of low-income urban neighborhoods in Mexico. We show that the program resulted in substantial improvements in access to infrastructure and increases in private investment in housing. While a pre-committed index of social capital did not improve, we find an apparent decrease in the incidence of personal assault and teen misbehavior in neighborhoods where investments were made. The program increased the aggregate real estate value in program neighborhoods by two dollars for every dollar invested.