2026-06-27T15:25:07Zhttps://docta.ucm.es/rest/oai/request

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Hidalgo, Alberto Riccaboni, Massimo Velázquez Angona, Francisco Javier 2024-02-16T08:26:01Z 2024-02-16T08:26:01Z 2023 Alberto Hidalgo, Massimo Riccaboni, Francisco J Velazquez, When local business faded away: the uneven impact of Airbnb on the geography of economic activities, Cambridge Journal of Regions, Economy and Society, Volume 16, Issue 2, July 2023, Pages 335–348, https://doi.org/10.1093/cjres/rsad009 1752-1386 10.1093/cjres/rsad009 https://hdl.handle.net/20.500.14352/101487 https://doi.org/10.1093/cjres/rsad009 https://academic.oup.com/cjres/article-abstract/16/2/335/7185640?redirectedFrom=fulltext This paper investigates the unequal effect of Airbnb on the spatial organisation of economic activity in Madrid, Spain. Using establishment-level data from Madrid City Council and consumer-facing information from this short-term rental company, we find that Airbnb reshapes the urban space by encouraging tourist-oriented businesses, defined as businesses where tourists spend more than locals, at the expense of businesses primarily oriented to locals. These findings prove that short-term rentals do displace not only the local population but also resident-oriented businesses. Ultimately, our findings remain solid regardless of how we measure short-term rental activity and are not influenced by the growth of e-commerce or gentrification. eng http://creativecommons.org/licenses/by-nc-nd/4.0/ restricted access Attribution-NonCommercial-NoDerivatives 4.0 International When local business faded away: the uneven impact of Airbnb on the geography of economic activities journal article