What this covers
Place: United States
Time covered: The model covers 1964 to 2009
What this does not prove
This is a US model, not a measured loss for Canada. A later paper disputes parts of the result. Read H-E03 too. Do not treat it as proof of a 36% loss in GDP.
Read the first US study and the later paper that questions it. Neither measures a loss for Canada.
Read the source
Housing Constraints and Spatial Misallocation ↗
Hsieh and Moretti / AEJ Macroeconomics · 2019-04
Where to look: Abstract; DOI 10.1257/mac.20170388
Fixes and updates
No fact has changed in this version. If we fix a claim, we will add the date and explain the change here and in our list of fixes.