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Regulation often evolves, and affected consumers or firms may adjust their behavior in anticipation of potential changes to regulation. Using shifting land use regulation boundaries and oil lease prices from Canada, we estimate the effect of anticipated regulatory change on the value of land. We...
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Far from a typical Mediterranean model, today is practically impossible not to discuss European cities without taking into account phenomena of urban sprawl, which bring at dynamics of dispersion of artificial soil in rural areas, discontinuously but plentiful. Excessive alternating between...
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