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On the origins of land use regulations: theory and evidence from US metro areas

Hilber, Christian A.L. and Robert-Nicoud, Frédéric (2013) On the origins of land use regulations: theory and evidence from US metro areas. Journal of Urban Economics, 75 . pp. 29-43. ISSN 0094-1190

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Abstract

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, more desirable locations are more developed and, as a consequence of political economy forces, more regulated. These predictions are consistent with the patterns we uncover at the US metropolitan area level.

Item Type: Article
Official URL: http://www.journals.elsevier.com/journal-of-urban-...
Additional Information: © 2012 Elsevier Inc.
Library of Congress subject classification: E History America > E151 United States (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
Journal of Economic Literature Classification System: H - Public Economics > H7 - State and Local Government; Intergovernmental Relations
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q15 - Land Ownership and Tenure; Land Reform; Land Use; Irrigation
R - Urban, Rural, and Regional Economics > R5 - Regional Government Analysis > R52 - Land Use and Other Regulations
Sets: Departments > Geography and Environment
Research centres and groups > Spatial Economics Research Centre
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Funders: Wellcome Trust Fellowship
Projects: WT090617
Date Deposited: 29 Nov 2012 16:19
URL: http://eprints.lse.ac.uk/47558/

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