Camacho, Carmen; Pérez-Barahona, Agustín - In: Journal of Economic Dynamics and Control 52 (2015) C, pp. 96-118
This paper builds a benchmark framework to study optimal land use, encompassing land use activities and environmental degradation. We focus on the spatial externalities of land use as drivers of spatial patterns: land is immobile by nature, but local actions affect the whole space since...