Backyarding : Theory and Evidence for South Africa
This paper explores the incentives for backyarding, an expanding category of urban land-use in developing countries that has proliferated South Africa. The theoretical model exposes the trade-off faced by the homeowner in deciding how much backyard land to rent out: loss of yard space consumption in return for a gain in rental income. Under common forms for preferences, the homeowner's own-consumption of yard space falls as land rent increases, causing more land to be rented to backyarders. With better job access for backyarders raising land rent by increasing their willingness-to-pay, the analysis then predicts that the extent of backyarding will be higher for parcels with good job access. This hypothesis is tested by combining a satellite- based count of backyard dwellings per parcel with job-access data. The empirical results strongly confirm the prediction that better job access increases the extent of backyarding
Year of publication: |
2018
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Authors: | Brueckner, Jan K. ; Rabe, Claus ; Selod, Harris |
Publisher: |
2018: World Bank, Washington, DC |
Saved in:
freely available
Extent: | 1 Online-Ressource |
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Series: | Policy Research Working Paper ; No. 8636 |
Type of publication: | Book / Working Paper |
Notes: | Africa South Africa English |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012569083
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