Using an urban land use model in which jobs and residences are spatially dispersed and mixed, we treat the general equilibrium of land, labor and product markets and the trade-off between labor supply, commuting and discretionary travel. We show that the decentralization of population and of...

Small jurisdictions vie for economic development by relaxing pollution controls. This can cause damaging spillovers. Many policy analysts recommend replacing the small jurisdictions with a single authority that taxes development. But as the sole producer of development rights to a unique area,...

Planners wish to avoid a lawsuit by the developer over their cost estimates of the public works required by his project. To avoid a suit, they can offer him his choice of several sets of conditions that would attach to land-use permits. In computer simulations of five such short- and long-term...

While theory strongly suggests that restricting development rights should reduce land prices, empirical evidence of this effect has been notoriously hard to obtain. Indeed, largely based on this difficulty a Congressional committee has recently recommended that tax benefits for such restrictions...

This paper uses valuation data from Quotable Value New Zealand to examine changes in the value of the rural land in New Zealand between 1989 and 2003. The value of rural land reflects the profitability of agriculture as well as the returns to alternative land uses, and has a large impact on the...

Hendy and Kerr (2005b) find that an emissions charge on agricultural methane and nitrous oxide of $25 per tonne of carbon dioxide (CO2) equivalent would be likely to reduce New Zealand’s net land-use related emissions for commitment period one in the order of 3%, with full accounting. The...

This paper analyzes a spatial competitive monopolistic model of agglomeration in which households make only one shopping trip per period, and there are several firms in each industry. The model is a version of a model by Fujita (1988), but unlike his, in this model no equilibrium mixed district...

When ability to avoid rent control is randomly distributed over landlords, housing may rise above its free market level. Landlords evading part of rent-control are like suppliers selling to a perfectly price-discriminating monopsonist. A continuum of evasive abilities gives a range of low rent...

Despite the pervasive nature of land use planning and land use regulation, evaluation of the costs and benefits of these policies has received only limited attention. This paper presents an empirical methodology, based on clear microeconomic foundations, for the evaluation of benefits and costs...

Under court rulings, the jurisdiction can require the developer to bear only those public-sector costs that relate reasonably to his project. To avoid a lawsuit by the developer over cost estimates, planners can offer him his choice of sets of conditions that would attach to land-use permits....