We study the impact of China's land use regulation on firm productivity. Our theoretical analysis shows that a restriction on the supply of industrial land will reduce the number of operating firms and harm their average productivity. We employ a natural experiment based on geography and find...

The Scottish Government's Budget for 2024-25 takes place at a time of particular uncertainty about the future funding environment. UK government spending plans both for the coming year and for later years seem likely to be topped up, but when and by how much is unclear. The current UK government...

Since at least the time of von Thünen's contributions to the subject, economists have been interested in explaining land use in the hinterlands. This interest has grown with increasing societal demands on remaining forested areas and concern for the nonmarket resources generated by such...