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...

The owners of undeveloped urban land are often blamed for restricting housing supply and thereby driving up house prices in the face of increasing demand. This paper shows how greater intra-city variation in amenity values reduces competition between developers and makes delaying development...

This article explores trends towards increased local government land use regulation to spur economic development and towards partnering with private redevelopers. It notes that while Kelo v. City of New London has intensified these trends, the use of condemnation for retransfer for private...

Many local governments have reacted to sprawl by adopting urban containment policies to limit fringe growth and encourage core development. An alternative is to design impact fee programs that account for the higher costs of providing services to remote locations. Zone-based impact fee programs...

This paper investigates how a development moratorium affects choices of development timing and land values in a framework where both the value of developed property evolves stochastically and the development costs are fully irreversible. We assume that a regulator initially announces that land...

We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group via increasing property prices but hurt the latter via increasing development costs. In this setting,...