Amenities have been linked to economic growth, which has been studied at the level of nations, regions, and urban areas. We look instead at economic development at the highly localized level of cities, villages, and townships. We use regression discontinuity to estimate the effect of renewing and cutting parks and recreation spending. We find an initial effect of $2.6 million in additional residential construction 1 year after voting to renew tax funding, with diminishing effects in subsequent years. We use votes to renew tax levies, arguing that the timing of tax proposals for new funding has endogenously chosen timing.

中文翻译：

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当地经济增长和地方政府对公园和娱乐场所的投资，或 260 万美元的五个奶酪比萨饼

便利设施与经济增长有关，这已在国家、地区和城市地区的层面进行了研究。相反，我们着眼于高度地方化的城市、村庄和乡镇的经济发展。我们使用回归不连续性来估计更新和削减公园和娱乐支出的影响。我们发现，在投票更新税收资金后 1 年，额外住宅建设的初始效应为 260 万美元，随后几年效应逐渐减弱。我们使用投票来更新税收，认为新资金税收提案的时间已经内生地选择了时间。