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A spatially explicit model of the optimal timing and location of land development is presented that incorporates dynamic interactions between land development and water quality. Ignoring two-way interactions leads to a lower level of water quality, more development, and lower social welfare. The...
Persistent link: https://www.econbiz.de/10005291219
The emergence of urban-rural space, as evidenced by the expansion of low-density exurban areas and growth of amenity-based rural areas, is characterized by the merging of a rural landscape form with urban economic function. Changing economic conditions, including waning transportation and...
Persistent link: https://www.econbiz.de/10010822994
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Large discount retail stores (or “big box†stores) generate both costs and benefits to local communities that are unevenly distributed across local employees, shoppers, other businesses and government. While these impacts affect communities across the urbanrural spectrum, the hardest...
Persistent link: https://www.econbiz.de/10010882346
The spatial configuration of land use can have a significant impact on both market and non-market outcomes. One type of land use configuration that has received considerable attention in recent decades - because of its impact on the efficiency of public service provisioning, on environmental...
Persistent link: https://www.econbiz.de/10010916632
Selected Paper prepared for presentation at the Agricultural & Applied Economics Association's 2012 AAEA Annual Meeting, Seattle, Washington, August 12-14, 2012. This research was supported by a cooperative agreement with U.S. Department of Agriculture, the Economic Research Service. We thank...
Persistent link: https://www.econbiz.de/10010916730
Variation in regulatory costs over time and across different types of investment projects creates risk for developers who hold land. These so-called implicit costs, which arise as a result of regulatory delay in the land development process, are hypothesized to be potentially large, but...
Persistent link: https://www.econbiz.de/10011209294
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A hybrid conditional logit choice model is estimated using data on the characteristics and destination of homeowners who engaged in intrametropolitan moves among 17 school districts within the Columbus, Ohio area in 1995. The model is used to test the relative influence of local fiscal and...
Persistent link: https://www.econbiz.de/10005294250