Gentrification: Perspectives of Economists and Planners

Ingrid Gould Ellen and Katherine O'Regan

in The Oxford Handbook of Urban Economics and Planning

Published in print December 2011 | ISBN: 9780195380620
Published online September 2012 | | DOI:

Series: Oxford Handbooks

Gentrification: Perspectives of Economists and Planners

More Like This

Show all results sharing these subjects:

  • Economics
  • Urban, Rural, and Regional Economics



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.

Keywords: gentrification; urban economics; planning; geography; economic models; neighborhood change; urban revitalization

Article.  8984 words. 

Subjects: Economics ; Urban, Rural, and Regional Economics

Full text: subscription required

How to subscribeRecommend to my Librarian

Buy this work at Oxford University Press »