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cc-by-nc-nd, (c) Molloy et al., 2010
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/116759

The effect of gasoline prices on household location

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By raising commuting costs, an increase in gasoline prices should reduce the demand for housing in areas far from employment centers relative to locations closer to jobs. Using annual panel data on a large number of ZIP codes and municipalities from 1981 to 2008, we find that a 10 percent increase in gas prices leads to a 10 percent decrease in construction in locations with a long average commute relative to other locations, but to no significant change in house prices. Thus, the supply response may prevent the change in housing demand from capitalizing in house prices.

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MOLLOY, Raven and SHAN, Hui. The effect of gasoline prices on household location. IEB Working Paper 2010/28. [consulted: 25 of August of 2026]. Available at: https://hdl.handle.net/2445/116759

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