Fallah, Belal; Partridge, Mark; Olfert, M. - In: The Annals of Regional Science 49 (2012) 3, pp. 589-617
This paper examines how the volatility of local economies, represented by uncertainty over future land rents, affects urban sprawl. We develop a theoretic model that links sprawl to shocks to expected rent from future land development, among other factors. The econometric analysis draws upon...