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Land Use Regulations and Regional Economic Development

Land Use Regulations and Regional Economic Development <p>This paper uses a data-intensive computable general equilibrium (CGE) model of a medium-sized city with integrated commercial and residential land data to analyze changes to local land use regulations via changes in land supply elasticities on economic development measures (employment, household income, housing prices, and tax revenue) under various types of regional growth that originate from different local sectors. The CGE framework overcomes difficulties of econometric modeling in this area, namely, measurement consistency, impact isolation, and endogeneity issues. The results both link the sparse work in this area and provide a systematic analysis including marginal and total impacts.</p> http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Land Economics University of Wisconsin Press

Land Use Regulations and Regional Economic Development

Land Economics , Volume 92 (2) – Mar 29, 2016

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Publisher
University of Wisconsin Press
Copyright
Copyright by the Board of Regents of the University of Wisconsin System.
ISSN
1543-8325

Abstract

<p>This paper uses a data-intensive computable general equilibrium (CGE) model of a medium-sized city with integrated commercial and residential land data to analyze changes to local land use regulations via changes in land supply elasticities on economic development measures (employment, household income, housing prices, and tax revenue) under various types of regional growth that originate from different local sectors. The CGE framework overcomes difficulties of econometric modeling in this area, namely, measurement consistency, impact isolation, and endogeneity issues. The results both link the sparse work in this area and provide a systematic analysis including marginal and total impacts.</p>

Journal

Land EconomicsUniversity of Wisconsin Press

Published: Mar 29, 2016

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