Showing 1 - 10 of 14
There has been a growing literature in both the US (for example Haurin and Brasington 1996, and Black 1999) and the UK (for example Gibbons & Machin, 2003) that estimates the way in which school quality is capitalised into house prices. Cheshire and Sheppard 1995 and 1999 estimated hedonic...
Persistent link: https://www.econbiz.de/10010928693
We introduce the papers in this volume and put them into the context of the literature on land use regulation. We then synthesise and draw some conclusions from existing research on land use regulation and interpret the evidence currently available. In the light of this review we then identify...
Persistent link: https://www.econbiz.de/10010745368
This paper investigates growth differences in the urban system of the EU12. Alternative dependent variables – growth in population and real GDP per capita – are analysed and instructive differences emerge. The US model which assumes perfect factor mobility does not seem well adapted to...
Persistent link: https://www.econbiz.de/10010745444
Although directed to the British system of Town and Country Planning this paper has relevance for many OECD countries, including some with systems of land use regulation which evolved entirely independently of the British. The paper starts by characterising the basic features of the British land...
Persistent link: https://www.econbiz.de/10010745779
Britain’s land use regulation (planning) system imposes very tight restrictions on the supply of office space so creating substantial rents. An unmeasured part of the costs associated with these restrictions likely comes from compliance costs, one form of which could be rent-seeking activity...
Persistent link: https://www.econbiz.de/10011125889
The planning goals of urban containment and now densification conceive of houses in terms of physical units and of land ‘supply’ as the area allocated for housing by the planning system; estimates of ‘demand’ are driven by household projections. Prices and price volatility are, however,...
Persistent link: https://www.econbiz.de/10011126332
We investigate urban GDP per capita growth across the EU12 using data for functionally defined cities—rather than administrative regions. We test hypotheses on the role of human capital, EU integration and fragmentation of urban government and explore spatial dependence and mechanisms of...
Persistent link: https://www.econbiz.de/10011071521
The belief that it is fairer if communities are ``mixed'' can be traced at least to the late nineteenth century and the founders of the Garden City Movement. The idea is now firmly established in Organization for Economic Cooperation and Development (OECD) and national policies. This article...
Persistent link: https://www.econbiz.de/10010745367
We investigate urban GDP pc growth across the EU12 using data for functionally defined cities - rather than administrative regions. We test hypotheses on the role of human capital, EU integration and fragmentation of urban government and explore spatial dependence and mechanisms of spatial...
Persistent link: https://www.econbiz.de/10010745546
Office space in Britain is the most expensive in the world and regulatory constraints are the obvious explanation. We estimate the ‘regulatory tax’ for 14 British office locations from 1961 to 2005. These are orders of magnitude greater than estimates for Manhattan condominiums or office...
Persistent link: https://www.econbiz.de/10010745655