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Many local governments have reacted to sprawl by adopting urban containment policies to limit fringe growth and encourage core development. An alternative is to design impact fee programs that account for the higher costs of providing services to remote locations. Zone-based impact fee programs...
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In the 1990's, urban demand for housing land around city-agglomerations increased rapidly. Additionally, the decreasing profitability of agricultural production caused farmers, who are able to freely decide on land turnover, to be interested in land sale for non-agricultural purposes. At the...
Persistent link: https://www.econbiz.de/10003061280
"Regulatory property" is the right to engage in specified activities, made valuable by government prohibitions against competitors, and protected by de jure or de facto status as property. This Article explores regulatory property and focuses upon its applications in land use regulation. It...
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This paper studies the Rawlsian first-best allocation in a monocentric city model using a unifying framework of land ownership. We show that a Rawlsian planner would not choose the market outcome, except for the extreme case of public land ownership in which all the differential rent is...
Persistent link: https://www.econbiz.de/10013221126
Research has not yet been undertaken on the optimal level of urbanization, notwithstanding the pioneering work of Au … urbanization, with and without equity consideration, respectively. It is shown that considering equity will result in a higher … level of urbanization than otherwise, when urban inequality is sufficiently small or migration costs are sufficiently large …
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