Showing 1 - 10 of 122
Zoning has been cited as a discriminatory policy tool by critics, who argue that ordinances are used to deter the entry … of minority residents into majority neighborhoods through density restrictions (exclusionary zoning) and locate … complicated by the fact that land use and zoning have been co-evolving for nearly a century in most American cities, rendering …
Persistent link: https://www.econbiz.de/10010951206
We use a large project-level dataset to estimate the length of the planning period for commercial construction projects in the United States. We find that these time-to-plan lags are long, averaging about 17 months when we aggregate the projects without regard to size and more than 28 months...
Persistent link: https://www.econbiz.de/10010890095
We present the first nationwide index of directly-measured land values by metropolitan area and investigate their relationship with housing prices. Construction prices and geographic and regulatory constraints are shown to increase the cost of housing relative to land. On average, approximately...
Persistent link: https://www.econbiz.de/10011271485
This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption,...
Persistent link: https://www.econbiz.de/10004980319
The textbook graphical analysis of price control (see Figure 1) is inappropriate any time there is substantial consumer heterogeneity. In cases such as rental apartments, where one unit is usually the maximum bought per customer, and the downward slope of the demand function comes exclusively...
Persistent link: https://www.econbiz.de/10005580145
likely to use fiscal zoning to attract retailing. We find that total retail employment is not significantly affected by local …
Persistent link: https://www.econbiz.de/10008919724
During Britain's industrialization, Parliament operated a forum where rights to land and resources could be reorganized. This venue enabled landholders and communities to exploit economic opportunities that could not be accommodated by the inflexible rights regime inherited from the past. In...
Persistent link: https://www.econbiz.de/10008610965
This article presents a sequence of simple and related models to analyze the strategic use of natural resources. Game theory is the natural tool for such an analysis, whether the resource is private or publicly owned, whether it is renewable or exhaustible, whether the game is static or dynamic,...
Persistent link: https://www.econbiz.de/10010969250
We study the direct and spillover effects of local state capacity using the network of Colombian municipalities. We model the determination of local and national state capacity as a network game in which each municipality, anticipating the choices and spillovers created by other municipalities...
Persistent link: https://www.econbiz.de/10010969364
Most countries exhibit large and persistent geographical differences in wages, income and unemployment rates. A growing class of "place based" policies attempt to address these differences through public investments and subsidies that target disadvantaged neighborhoods, cities or regions. Place...
Persistent link: https://www.econbiz.de/10010887109