Demand externality generated by the agglomeration of commercial activities is a potential source of city formation. We study the impact of a large-scale urban redevelopment program involving the construction of a shopping complex at the center of Tokyo. The redevelopment program increased the...

We argue that the interaction between mobility and wealth provides a view that rationalizes low geographic migration rates, despite migration costs being lower than currently thought. We reach this conclusion by developing and solving a quantitative dynamic spatial equilibrium model with...

We study the interaction between transit improvements and land use policies in the context of Bengaluru, one of India's largest cities. The city inaugurated a metro system in 2011. Yet it has low building heights even near metro stations, reflecting low floor-area ratio limits. We construct a...

The public transportation is known as a public service of common interest and it is the constitutional basis for the formulation of metropolitan areas by the states governments. This article develops a critical analysis from fourteen Brazilian metropolitan regions reports of the Metropolitan...

This article presents a theoretical approach towards the relation between transportation and urban form, explaining the main principles used in the regional planning during the first half of XX century, that influenced several metropolitan areas. Taking the case of Brasilia, it is exemplified...

In this paper we provide evidence of segmentation of the Dutch land markets by spatial planning into three compartments referring to agricultural, industrial and residential use. We analyze transactions of ready-to-be developed land provided by the Dutch Land Register (Kadaster) and find that...

Am 1. Juni 2016 ist die viel diskutierte Mietpreisbremse ein Jahr in Kraft. Seither wurde sie in 308 Städten eingeführt. Die im Vorfeld geäußerten Befürchtungen, die dringend benötigte Bautätigkeit würde damit massiv ausgebremst, haben sich ebenso wenig bewahrheitet wie die Hoffnungen,...

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...

In this paper, we analyze several local referendums on land development and land-use regulation in the City of Erlangen (Germany) in the period between 2011 and 2018. To identify the positive influence of the travel distance on approval for the development of land, we employ a two-way...

The paper seeks to analyze the distribution of real estate assets among Brazilian families and Imposto Predial e Territorial Urbano (IPTU) - property tax - their main form of taxation. The text points out that real estate property usufruct is more concentrated than family income itself, despite...