Bento, Antonio M.; Franco, Sofia F.; Kaffine, Daniel - In: Journal of Environmental Economics and Management 61 (2011) 2, pp. 135-152
This paper examines the welfare effects of anti-sprawl policies, such as development tax, in a simple spatial explicit urban model with two market failures - urban decline at the city core and underprovision of open space amenities at the urban fringe - and pre-existing distortionary property...