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This paper develops a new approach for measuring the stringency of a major form of land-use regulation, building-height restrictions, and it applies the method to an extraordinary dataset of land-lease transactions from China. Our theory shows that the elasticity of land price with respect to...
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Against the background of current public policy of urban-rural coordinated development, a key land policy issue is how to deal with the conflict between urban expansion and farmland protection. By analyzing three major types of externality in urban-rural land use and the current trial of...
Persistent link: https://www.econbiz.de/10012725917
This paper develops a new approach for measuring the stringency of a major form of land-use regulation, building-height restrictions, and it applies the method to an extraordinary dataset of land-lease transactions from China. Our theory shows that the elasticity of land price with respect to...
Persistent link: https://www.econbiz.de/10012993018