PT  - JOURNAL ARTICLE
AU  - Livy, Mitchell R.
AU  - Klaiber, H. Allen
TI  - Equilibrium Outcomes and Amenity Valuation in a Multispatial Residential Sorting Framework
AID  - 10.3368/le.97.3.509
DP  - 2021 Aug 01
TA  - Land Economics
PG  - 509--527
VI  - 97
IP  - 3
4099  - http://le.uwpress.org/content/97/3/509.short
4100  - http://le.uwpress.org/content/97/3/509.full
SO  - Land Econ2021 Aug 01; 97
AB  - This article investigates the role of spatial scale in recovering resident preferences and evaluating policy effects after changes in environmental amenities. As homeowners choose locations, different trade-offs occur across spatial scales, which jointly determine observed choices and equilibrium outcomes. To explore these trade-offs, we develop a multispatial residential location choice model at the school attendance boundary and the residential neighborhood levels that demonstrates the spatially varying influence of environmental amenities on location choice. Furthering this analysis, welfare simulations provide evidence that tradeoffs interact across space in various ways to shape welfare implications and distributional outcomes arising from policy.