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Insights / Research BriefApr 25, 2024

Location Sorting and Endogenous Amenities: Evidence from Amsterdam

Milena Almagro, Tomás Domínguez-Iino
Different demographic groups tend to prefer different types of amenities, and businesses respond by expanding amenities in neighborhoods with greater demand. This pattern reinforces residential sorting, with ambiguous effects on inequality.
Topics:  Industrial Organization
Insights / Research BriefApr 03, 2024

Optimal Urban Transportation Policy: Evidence from Chicago

Milena Almagro, Felipe Barbieri, Juan Camilo Castillo, Nathaniel Hickok, Tobias Salz
In Chicago, welfare would be increased by charging almost nothing for public transit, increasing the frequency of trains, and lowering the frequency of buses. Road pricing reduces environmental externalities, but only benefits travelers if the revenues are used for transit subsidies and rebates.
Topics:  Industrial Organization
Insights / Research BriefJun 08, 2023

Micro- and Macroeconomic Impacts of a Place-Based Industrial Policy

Enghin Atalay, Ali Hortaçsu, Chad Syverson, Mehmet Fatih Ulu
Turkey’s Law 2012/3305 boosted economic activity among businesses in eligible industries/provinces and led to positive spillovers to the suppliers and customers of subsidized firms. In the long run, the policy reduced income inequality between regions only moderately, due to migration and spillovers.
Topics:  Industrial Organization
Insights / Research BriefMay 10, 2023

Managers and Productivity in Retail

Robert D. Metcalfe, Alexandre B. Sollaci, Chad Syverson
Individual managers impact retail business productivity substantially; replacing a manager at the bottom of the quality distribution by one at the top could increase a store’s productivity by between 50% and 100%.
Topics:  Industrial Organization
Insights / Research BriefMay 03, 2023

Local And National Concentration Trends in Jobs and Sales: The Role of Structural Transformation

David Autor, Christina Patterson, John Van Reenen
Driven by the sizable shift in sales and employment from the relatively concentrated manufacturing sector to the relatively unconcentrated service sector, local concentration in sales has increased in parallel to national sales concentration, while local concentration in employment has declined, despite rising at the national level.
Topics:  Employment & Wages, Industrial Organization
Insights / Research BriefApr 05, 2023

100 Years of Rising Corporate Concentration

Spencer Y. Kwon, Yueran Ma, Kaspar Zimmermann
US corporate concentration has increased persistently over the past century, with the manufacturing and mining sectors consolidating at a faster pace prior to the 1970s, and with the services, retail, and wholesale sectors taking the lead since. These long-run trends appear in line with stronger economies of scale.
Topics:  Industrial Organization
Insights / Research BriefJan 19, 2023

The Strange and Awful Path of Productivity in the US Construction Sector

Austan Goolsbee, Chad Syverson
Measurement error alone cannot explain the decline in US construction productivity over the last 50 years, with evidence pointing to the sector’s deteriorating ability to transform intermediates into finished products, and to the allocative inefficiency of construction inputs.
Topics:  Industrial Organization
Insights / Research BriefJan 05, 2023

Urban Renewal and Inequality: Evidence from Chicago’s Public Housing Demolitions

Milena Almagro, Eric Chyn, Bryan A. Stuart
Demolitions of public housing as part of urban renewal programs had disparate impacts and generated large welfare improvements for White households, alongside welfare losses for low-income minority households.
Topics:  Industrial Organization