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Public policies for land use include many rules and regulations. Changing those policies usually means changing rules. Institutional economics studies the effects of rules on economic behaviour and how of those rules change under economic forces. Therefore, economic theories of institutional...
Persistent link: https://www.econbiz.de/10010623700
It is often public policy that buildings for commercial uses, such as offices, retail and mixed uses should be built in urban redevelopment areas. However, in these areas property developers are often reluctant to build as the risks are perceived to be too large, or a loss is foreseen, or it is...
Persistent link: https://www.econbiz.de/10010623716
If land taxation is to be used as an instrument of land-use planning, then it is the intention that the taxation affect land use. If land is taxed so as to raise income for the public purse, or if charges are levied on development to help finance the associated external works, then it is usually...
Persistent link: https://www.econbiz.de/10010623733