Publication Type
Journal Article
Version
publishedVersion
Publication Date
9-2024
Abstract
This study presents new causal evidence on how urban heat contributes to sorting within a city. We estimate a discrete choice residential sorting model that includes census-tract fixed effects and controls for open space and green coverage to analyze how differences in urban heat at the census-tract level influence the location choices of New York City homeowners given their race, ethnicity, and income. Our results show clear patterns of residential sorting, with whites and high-income households outcompeting other racial/ethnic groups and low-income households for housing in cooler neighborhoods. Our counterfactual exercise, inspired by Cool Neighborhoods NYC, reveals that heat-mitigation policies can make poorer and minority households, on average, worse off. These findings are striking, considering that such programs often aim to enhance welfare in heat-exposed neighborhoods predominantly inhabited by low-income and minority households.
Keywords
Urban heat, Environmental justice, Sorting, Housing, Structural model
Discipline
Environmental Sciences | Physical and Environmental Geography | Urban Studies
Research Areas
Integrative Research Areas
Areas of Excellence
Sustainability
Publication
Journal of Environmental Economics and Management
Volume
127
First Page
1
Last Page
22
ISSN
0095-0696
Identifier
10.1016/j.jeem.2024.103014
Publisher
Elsevier
Citation
BORSKY, Stefan; FESSELMEYER, Eric; and VOGELSAND, Lennart.
Urban heat and within-city residential sorting. (2024). Journal of Environmental Economics and Management. 127, 1-22.
Available at: https://ink.library.smu.edu.sg/cis_research/256
Copyright Owner and License
Authors-CC-BY
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1016/j.jeem.2024.103014
Included in
Environmental Sciences Commons, Physical and Environmental Geography Commons, Urban Studies Commons