Gentrification and Pioneer Businesses

A-Tier
Journal: Review of Economics and Statistics
Year: 2024
Volume: 106
Issue: 1
Pages: 119-132

Score contribution per author:

1.005 = (α=2.01 / 4 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Little is known about where hotspots of gentrification emerge within a city and the role that some types of businesses play in the process. We develop a method to detect the sectors whose presence heralds the process of gentrification in a neighborhood. We show that these sectors, mostly found in cultural and creative industries, help to anticipate neighborhood change and that their predictive power complements that of traditional gentrification determinants. We also examine mechanisms related to amenities, worker characteristics, and signaling that are consistent with these results. The analysis illustrates the importance of businesses in the sociodemographic dynamics of neighborhoods.

Technical Details

RePEc Handle
repec:tpr:restat:v:106:y:2024:i:1:p:119-132
Journal Field
General
Author Count
4
Added to Database
2026-01-24