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...

The field of ‘Urban Economics’ is an elusive object, whose US-based origins and internationalization we attempt to track in this paper. The most stable and distinctive object associated with the term ‘urban economics’ is the Alonso-Muth-Mills model. We thus reconstruct the field through...

How should urban containment and the diversion of households to nearby residential areas be evaluated from a welfare economic perspective? Assuming the existence of a negative externality of city size, we develop a concise general equilibrium model for a mother city and a satellite. This...

I model a central city where citizens differ by income, and housing confers benefits on neighbors. Zoning separates citizens into neighborhoods by income. This maximizes a benefit-cost welfare criterion and facilitates redistributing gains to a majoritarian governing coalition of citizens, which...

The Chinese government has been using annual quotas to control the amount of farm-land that can be converted for urban uses in cities. Using a sample of more than 1.5 million land-lease transactions during 2007-2016, we document facts on land conversion for urban development in China. We present...

Das sozioökonomische Wachstum und die raumstrukturellen Veränderungen der letzten ca. 50 Jahre haben Spuren hinterlassen. Dabei zeigt sich ein Spannungsfeld, denn die Bereitstellung von Flächen für urbane Nutzungen geht mit Nutzungskonflikten hinsichtlich der Ressource Boden einher. Im...

How should urban containment and the diversion of households to nearby residential areas be evaluated from a welfare economic perspective? Assuming the existence of a negative externality of city size, we develop a concise general equilibrium model for a mother city and a satellite. This...

Land is an essential but limited natural resource. We employ the concept of stocks to analyse driving forces for land-use conversion and to assess, whether the German political "30- hectares-goal" is feasible given the current institutional setting. In this paper major driving forces for...

This critical analysis contributes to a better understanding of urban land values by unifying the real option and redevelopment decision literatures within a broader context of real estate valuation. By combining these heretofore disparate literatures in this way, both academics and practioners...

Urban agriculture is a nature-based solution recommended for the regeneration and adaptation of urban areas to climate change, in consonance with the European Green Deal. Nevertheless, for the development of urban agriculture, the availability, access and usability of cultivable land in urban...