Work in Progress
A growing literature has documented the impact of home sharing. We study a new externality in which local people can enjoy more job opportunities because of the entry of home sharing. Using data from Airbnb and employing a quasi-experimental design, we find the following evidences. We find that home sharing provides more employment options to locals especially for lesseducation and low-income population. As home sharing becomes an incentive for local employment, our study provides important understanding of home sharing and its implications to local welfare, Airbnb hosts, and policy makers.
Liu, Jianwei; Xie, Karen; Ye, Qiang; and Jing, Dong, "The Impact of Sharing Economy on Local Employment: Evidence from Airbnb" (2018). ICEB 2018 Proceedings (Guilin, China). 13.