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(improvement characteristics), which are affected by zoning. Since lot size restrictions limit the size characteristics of homes …
Persistent link: https://www.econbiz.de/10009443251
The distribution of lot sizes and associated improvements affect property values. Hence, zoning affects municipal … property tax revenues. If optimal lot size is inconsistent with the targeted zoning density in a community, municipal revenue … can be increased through zoning change. This paper theoretically derives the optimal lot size that maximizes tax revenues …
Persistent link: https://www.econbiz.de/10009444963
, one of the only regions where data on individual sales are available. We find that baseline zoning is a critical …
Persistent link: https://www.econbiz.de/10009445424
Transportation and land use research of the past decade has focused in large part on the question of whether manipulating land uses in the direction of “smart growth” alternatives can reduce vehicle miles traveled (VMT) or otherwise improve travel behavior. Yet the notion of...
Persistent link: https://www.econbiz.de/10009477565
governments regulate private land use mainly through zoning. By creating a barrier to entry and lessening competition in local …
Persistent link: https://www.econbiz.de/10009462936
This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing...
Persistent link: https://www.econbiz.de/10009433231
Using a simple analytical model incorporating benefits of a stock, costs of adjusting the stock, and uncertainty in costs, we uncover several important principles governing the choice of price-based policies (e.g., taxes) relative to quantity-based policies (e.g., tradable permits) for...
Persistent link: https://www.econbiz.de/10009446698
Despite calls for more integrated residual management, research on the performance of methods to regulate pollution has paid little attention to cases of multiple pollutant control. This study helps rectify this omission in multiple ways. In Chapter 1 I describe the many issues that arise in the...
Persistent link: https://www.econbiz.de/10009450728
heterogeneity in theoretical and empirical analyzes can significantly add to our understanding of fundamental economic relations. In … account for individual heterogeneity, is examined. …
Persistent link: https://www.econbiz.de/10009471897
The following dissertation is a collection of four stand-alone research papers. The common theme of all papers is the analysis of the decision of heterogeneous individuals about investing in education. The first paper analyses how these decisions affect the impact of globalisation or...
Persistent link: https://www.econbiz.de/10009471899