Full Citation

Title: Gentrification and Pioneer Businesses

Citation Type: Working Paper

Publication Year: 2018

ISBN:

ISSN: 1360063X

DOI: 10.1177/0042098014561723

NSFID:

PMCID:

PMID:

Abstract: We study gentrification at a micro-geographic scale using information on residents and businesses in New York from 1990 to 2010. We exploit atypical location decisions of businesses to identify the sectors that usually locate in wealthy neighborhoods but are overrepresented in poor soon-to-gentrify areas. These pioneer sectors - mostly cultural, recreational, and creative industries - help us to better predict gentrification at its early stage: including the presence of pioneers improves the accuracy of the prediction of future gentrifying spots by up to 200 meters. We show that pioneers foster gentrification through the types of workers they hire, their signal as to the future prospects of a neighborhood, and their effect on the subsequent arrival of consumption amenities.

Url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3278671

User Submitted?: No

Authors: Behrens, Kristian; Boualam, Brahim; Martin, Julien; Mayneris, Florian

Series Title: CEPR Discussion Papers

Publication Number: DP13296

Institution: CEPR

Pages:

Publisher Location:

Data Collections: IPUMS USA

Topics: Land Use/Urban Organization

Countries: United States