Showing 1 - 10 of 73
This paper analyzes the effects of land use constraints on housing prices. We provide a new framework for evaluating policy when mobility across regions is allowed but limited. A key result is that loosening regulatory constraints within individual regions would have little effect on prices for...
Persistent link: https://www.econbiz.de/10012780064
We study whether local land use policies are modified in response to enhanced demand for building generated by a new highway, and examine the extent to which this effect of land use regulations affects building activity. We focus on the case of Spain during the last housing boom (1995-2007). We...
Persistent link: https://www.econbiz.de/10013056826
FAR regulation across Chinese cities, and additional evidence suggests that stringency depends on certain city …
Persistent link: https://www.econbiz.de/10012993018
This paper synthesises the state of knowledge on the economic effects of density. We consider 15 outcome categories and 209 estimates of density elasticities from 103 studies. More than 50% of these estimates have not been previously published and have been provided by authors on request or...
Persistent link: https://www.econbiz.de/10012930277
We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our economic design premium is identified by spatially differentiating property prices and design quality within neighbourhoods and comparing the differences across neighbourhoods. We...
Persistent link: https://www.econbiz.de/10013315552
from a large sample of Spanish cities for the 2003-2007 political term and employ a regression discontinuity design to … document that cities controlled by left-wing parties convert much less land from rural to urban uses than is the case in … similar cities controlled by the right. The differences between governments on the two sides of the political spectrum are …
Persistent link: https://www.econbiz.de/10013315755
from a large sample of Spanish cities for the 2003-2007 political term and employ a regression discontinuity design to … document that cities controlled by left-wing parties convert much less land from rural to urban uses than is the case in … similar cities controlled by the right. The differences between governments on the two sides of the political spectrum are …
Persistent link: https://www.econbiz.de/10010668473
We study whether local land use policies are modified in response to enhanced demand for building generated by a new highway, and examine the extent to which this effect of land use regulations affects building activity. We focus on the case of Spain during the last housing boom (1995-2007). We...
Persistent link: https://www.econbiz.de/10010747222
We propose a method to estimate the capitalized value of the architectural design quality of a neighbourhood. Our economic design premium is identified by spatially differentiating property prices and design quality within neighbourhoods and comparing the differences across neighbourhoods. We...
Persistent link: https://www.econbiz.de/10011185624
Most cities enjoy some autonomy over how they tax their residents, and that autonomy is typically exercised by multiple …-OECD countries. We show that most cities are highly fragmented: urban areas with more than 500,000 inhabitants are divided into 74 … local jurisdictions on average. The vast majority of these cities are characterized by a central municipality that strongly …
Persistent link: https://www.econbiz.de/10010889985