BREAD Working Paper No. 607, March 2022

Estimating the Economic Value of Zoning Reform Santosh Anagol, Fernando Ferreira and Jonah Rexer   Abstract We develop a framework to estimate the economic value of a recent zoning reform in Sao Paulo. Using a block-level regression discontinuity design, we find that developers request more permits in blocks with higher allowable densities. We incorporate these […]