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Employment Subcenters and Subsequent Real Estate Development in Suburban Chicago

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  • McDonald, John F.
  • McMillen, Daniel P.

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  • McDonald, John F. & McMillen, Daniel P., 2000. "Employment Subcenters and Subsequent Real Estate Development in Suburban Chicago," Journal of Urban Economics, Elsevier, vol. 48(1), pages 135-157, July.
  • Handle: RePEc:eee:juecon:v:48:y:2000:i:1:p:135-157
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    1. James J. Heckman, 1976. "The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 5, number 4, pages 475-492, National Bureau of Economic Research, Inc.
    2. Sivitanidou, Rena, 1997. "Are Center Access Advantages Weakening? The Case of Office-Commercial Markets," Journal of Urban Economics, Elsevier, vol. 42(1), pages 79-97, July.
    3. Sivitanidou, Rena, 1996. "Do Office-Commercial Firms Value Access to Service Employment Centers? A Hedonic Value Analysis within Polycentric Los Angeles," Journal of Urban Economics, Elsevier, vol. 40(2), pages 125-149, September.
    4. McDonald, John F, 1993. "Local Property Tax Differences and Business Real Estate Values," The Journal of Real Estate Finance and Economics, Springer, vol. 6(3), pages 277-287, May.
    5. Giuliano, Genevieve & Small, Kenneth A., 1991. "Subcenters in the Los Angeles region," Regional Science and Urban Economics, Elsevier, vol. 21(2), pages 163-182, July.
    6. McMillen, Daniel P. & McDonald, John F., 1998. "Suburban Subcenters and Employment Density in Metropolitan Chicago," Journal of Urban Economics, Elsevier, vol. 43(2), pages 157-180, March.
    7. Daniel P. McMillen & John F. McDonald, 1998. "Population Density in Suburban Chicago: A Bid-rent Approach," Urban Studies, Urban Studies Journal Limited, vol. 35(7), pages 1119-1130, June.
    8. Rosenthal Stuart S. & Helsley Robert W., 1994. "Redevelopment and the Urban Land Price Gradient," Journal of Urban Economics, Elsevier, vol. 35(2), pages 182-200, March.
    9. Ellickson, Bryan, 1981. "An alternative test of the hedonic theory of housing markets," Journal of Urban Economics, Elsevier, vol. 9(1), pages 56-79, January.
    10. P Gordon & H W Richardson & H L Wong, 1986. "The Distribution of Population and Employment in a Polycentric City: The Case of Los Angeles," Environment and Planning A, , vol. 18(2), pages 161-173, February.
    11. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    12. Munneke, Henry J., 1996. "Redevelopment Decisions for Commercial and Industrial Properties," Journal of Urban Economics, Elsevier, vol. 39(2), pages 229-253, March.
    13. Lee, Kyu Sik, 1982. "A model of intraurban employment location: An application to Bogota, Colombia," Journal of Urban Economics, Elsevier, vol. 12(3), pages 263-279, November.
    14. McDonald, John F., 1987. "The identification of urban employment subcenters," Journal of Urban Economics, Elsevier, vol. 21(2), pages 242-258, March.
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    Cited by:

    1. Miguel Angel Garcia Lopez & Ivan Muñiz Olivera, 2005. "Employment descentralisation: polycentric compaction or sprawl? The case of the Barcelona Metropolitan Region 1986-1996," Working Papers wpdea0511, Department of Applied Economics at Universitat Autonoma of Barcelona.
    2. Hilber, Christian A.L., 2010. "New housing supply and the dilution of social capital," Journal of Urban Economics, Elsevier, vol. 67(3), pages 419-437, May.
    3. Christian A. L. Hilber, 2017. "The Economic Implications of House Price Capitalization: A Synthesis," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 45(2), pages 301-339, April.
    4. Fageda, Xavier & Flores-Fillol, Ricardo, 2016. "How do airlines react to airport congestion? The role of networks," Regional Science and Urban Economics, Elsevier, vol. 56(C), pages 73-81.
    5. Perdomo, Jorge & Arzuza, Maria, 2014. "Beneficios económicos de Transmetro sobre la reducción de la accidentalidad vial en el área metropolitana de Barranquilla, Colombia," Revista Lecturas de Economía, Universidad de Antioquia - CIE, issue 82, pages 219-245, August.
    6. McMillen, Daniel P. & William Lester, T., 2003. "Evolving subcenters: employment and population densities in Chicago, 1970-2020," Journal of Housing Economics, Elsevier, vol. 12(1), pages 60-81, March.
    7. Glaeser, Edward L. & Kahn, Matthew E., 2004. "Sprawl and urban growth," Handbook of Regional and Urban Economics, in: J. V. Henderson & J. F. Thisse (ed.), Handbook of Regional and Urban Economics, edition 1, volume 4, chapter 56, pages 2481-2527, Elsevier.
    8. Jorge Perdomo, 2011. "A methodological proposal to estimate changes of residential property value: case study developed in Bogota," Applied Economics Letters, Taylor & Francis Journals, vol. 18(16), pages 1577-1581.
    9. Hilber, Christian A. L. & Rouwendal, Jan & Vermeulen, Wouter, 2014. "Local economic conditions and the nature of new housing supply," LSE Research Online Documents on Economics 61872, London School of Economics and Political Science, LSE Library.
    10. Groves, Jeremy R., 2009. "The impact of positive property tax differentials on the timing of development," Regional Science and Urban Economics, Elsevier, vol. 39(6), pages 739-748, November.
    11. Miguel Angel García & Ivan Muñiz, 2005. "The spatial effect of intra-metropolitan agglomeration economies," Working Papers wpdea0513, Department of Applied Economics at Universitat Autonoma of Barcelona.
    12. Hilber, Christian A. L., 2011. "The economics implications of house price capitalization a survey of an emerging literature," LSE Research Online Documents on Economics 58596, London School of Economics and Political Science, LSE Library.
    13. Miguel Ángel García & Ivan Muñiz, 2005. "El impacto espacial de las economías de aglomeración y su efecto sobre la estructura urbana.El caso de la industria en Barcelona, 1986-1996," Working Papers wpdea0509, Department of Applied Economics at Universitat Autonoma of Barcelona.
    14. Partridge, Mark D. & Rickman, Dan S., 2012. "Integrating regional economic development analysis and land use economics," MPRA Paper 38291, University Library of Munich, Germany.
    15. Pan, Haozhi & Deal, Brian & Chen, Yan & Hewings, Geoffrey, 2018. "A Reassessment of urban structure and land-use patterns: distance to CBD or network-based? — Evidence from Chicago," Regional Science and Urban Economics, Elsevier, vol. 70(C), pages 215-228.
    16. Daniel P. McMillen, 2003. "Employment subcenters in Chicago: past, present, and future," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 27(Q II), pages 2-14.
    17. Miguel Ángel García & Ivan Muñiz, 2005. "Descentralización del empleo: ¿compactación policéntrica o dispersión? El caso de la región metropolitana de Barcelona 1986-1996," Working Papers wpdea0506, Department of Applied Economics at Universitat Autonoma of Barcelona.
    18. Genevieve Giuliano & Christian Redfearn, 2005. "Not all sprawl - Evolution of employment centers in Los Angeles, 1980 - 2000," ERSA conference papers ersa05p686, European Regional Science Association.
    19. Genevieve Giuliano & Christian Redfearn & Ajay Agarwal & Chen Li & Duan Zhuang, 2005. "Not All Sprawl: Evolution of Employment Concentrations in Los Angeles, 1980-2000," Working Paper 8589, USC Lusk Center for Real Estate.
    20. Burrell, Marcus & White, Ann Marie & Frerichs, Leah & Funchess, Melanie & Cerulli, Catherine & DiGiovanni, Lauren & Lich, Kristen Hassmiller, 2021. "Depicting “the system”: How structural racism and disenfranchisement in the United States can cause dynamics in community violence among males in urban black communities," Social Science & Medicine, Elsevier, vol. 272(C).
    21. Raven S. Molloy & Charles G. Nathanson & Andrew D. Paciorek, 2020. "Housing Supply and Affordability: Evidence from Rents, Housing Consumption and Household Location," Finance and Economics Discussion Series 2020-044, Board of Governors of the Federal Reserve System (U.S.).
    22. Joan Carles Martori & Rafa Madariaga & Ramon Oller, 2016. "Real estate bubble and urban population density: six Spanish metropolitan areas 2001–2011," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 56(2), pages 369-392, March.
    23. Banister, David & Thurstain-Goodwin, Mark, 2011. "Quantification of the non-transport benefits resulting from rail investment," Journal of Transport Geography, Elsevier, vol. 19(2), pages 212-223.
    24. Murakami, Jin & Chang, Zheng, 2018. "Polycentric development under public leasehold: A spatial analysis of commercial land use rights," Regional Science and Urban Economics, Elsevier, vol. 71(C), pages 25-36.

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