Gentrification: Perspectives of economists and planners

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Gentrification touches on issues at the core of the fields of urban economics, planning, and geography. This article aims to look across disciplines and review the literature on gentrification. It begins by discussing how gentrification is defined and understood by different researchers and assessing its importance or prevalence over time. It then contrasts the theoretical approaches used to explain the causes of gentrification in different fields. It focuses on different models used by economists on the one hand and planners, on the other. The economic models of neighborhood change focus more on market forces and individual choices, while planning and geography models emphasize class and politics. Following this, the article reviews the literature on the consequences of gentrification, summarizing the empirical evidence. Finally, it highlights what is still unknown about gentrification, in terms of the process and drivers, its consequences, and the role it might play in future urban revitalization. Oxford University Press, 2013. All Rights Reserved.

Original languageEnglish (US)
Title of host publicationThe Oxford Handbook of Urban Economics and Planning
PublisherOxford University Press
ISBN (Electronic)9780199940738
ISBN (Print)9780195380620
DOIs
StatePublished - Sep 18 2012

Keywords

  • Economic models
  • Gentrification
  • Geography
  • Neighborhood change
  • Planning
  • Urban economics
  • Urban revitalization

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Fingerprint Dive into the research topics of 'Gentrification: Perspectives of economists and planners'. Together they form a unique fingerprint.

Cite this