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Quantifying The Costs Of Land Use Regulation


Quantifying The Costs Of Land Use Regulation
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Quantifying The Costs Of Land Use Regulation


Quantifying The Costs Of Land Use Regulation
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Author : Kirdan Lees
language : en
Publisher:
Release Date : 2018

Quantifying The Costs Of Land Use Regulation written by Kirdan Lees and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.


"Land use regulations vary in the restrictions and enforcement that applies across time and space. That variation makes it difficult to determine when land use regulations hinder the flexibility of housing supply using a single time series method, so a range of approaches and country case studies may be most appropriate to test impacts. We use four methods to test for impacts of land use regulation in New Zealand and extend existing efforts by utilising unit record data on house sales and construction type. We find: (i) house prices outstrip construction prices in many New Zealand cities; (ii) land with a house is valued 4 and 9 times higher than land with no house attached; (iii) density and house prices are only weakly correlated; (iv) prices of apartments and townhouses are much higher than their construction costs. All four results suggest land use regulations play a material role in constraining housing supply, driving up house prices. Local geography, such as steep terrain, might matter, but relative price differentials between land with a house and land without a house suggest only a minor role for geography. Keywords: housing supply, house prices, land prices, land use regulation"--Page [ii].



Measuring The Costs And Benefits Of Urban Land Use Regulation


Measuring The Costs And Benefits Of Urban Land Use Regulation
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Author : Alain Bertaud
language : en
Publisher:
Release Date : 1994

Measuring The Costs And Benefits Of Urban Land Use Regulation written by Alain Bertaud and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Land use categories.




Measuring The Effectiveness Of Real Estate Regulation


Measuring The Effectiveness Of Real Estate Regulation
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Author : Ronit Levine-Schnur
language : en
Publisher: Springer Nature
Release Date : 2020-03-19

Measuring The Effectiveness Of Real Estate Regulation written by Ronit Levine-Schnur and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-03-19 with Law categories.


This book discusses the fundamental issues regarding the effect of real estate regulation on housing, urban development, and considerations of justice and efficiency. Bringing together the contributions of prominent scholars representing diverse methodologies and academic disciplines, this book offers new perspectives on core topics such as the effectiveness of land use regulation in terms of housing availability, enhanced equality, and sustainable development; and different modes of regulation and their mutual influences. The book’s eleven chapters are divided into five parts which address different aspects of real estate regulation, combining theoretical analysis with a close observation of diverse case studies, from North America and Europe to China, the Middle East, and developing economies. Part I offers cutting-edge analysis on how to measure, model, and understand the impact of zoning and other modes of real estate regulation, from economic and normative theoretical viewpoints. Part II complements Part I by providing historical observations and empirical knowledge on the actual contribution of zoning and historical conservation regulation to cities’ shape. Part III considers the outcomes of business and industrial land development policies. Part IV studies urban land development regulation and allows to compare between two relevant case studies—one from Germany, and the other from Poland. Finally, Part V concerns standardization in the real estate market by analyzing the justification and outcomes of such attempts, particularly in the mortgages market. Providing an interface between theory and practice, the book will appeal to a broad audience, consisting of scholars, policy-makers, practitioners, and students, interested in an interdisciplinary overlook on real estate regulation.



Study Of Subdivision Requirements As A Regulatory Barrier


Study Of Subdivision Requirements As A Regulatory Barrier
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Author :
language : en
Publisher:
Release Date : 2007

Study Of Subdivision Requirements As A Regulatory Barrier written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Land use categories.




The Economics Of Zoning Laws


The Economics Of Zoning Laws
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Author : William A. Fischel
language : en
Publisher: JHU Press
Release Date : 1987-08

The Economics Of Zoning Laws written by William A. Fischel and has been published by JHU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987-08 with Business & Economics categories.


Land use controls can affect the quality of the environment, the provision of public services, the distribution of income and wealth, the development of natural resources, and the growth of the national economy. The Economics of Zoning Laws is the first book to apply the modern economic theory of property rights to all major aspects of zoning. Zoning laws are neither irrational constrints on otherwise efficient markets nor disinterested attempts to correct market failure. Rather, zoning must be viewed as a collective property right, vested in local governments and administered by politicians who rationally repsond to their constituents and to developers as markets for development rights arise. The Economics of Zoning Laws develops the economic theories of property rights and public choice and applies them to three zoning controversies: the siting of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of propery owners from excessive regulation. Economic and legal theory, William Fischel contends, suggest that payment of damages under the taking clause of the Constitution may provide the most effective remedy for excessive zoning regulations.



Urban Land Markets


Urban Land Markets
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Author : Somik V. Lall
language : en
Publisher: Springer Science & Business Media
Release Date : 2009-10-07

Urban Land Markets written by Somik V. Lall and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-07 with Political Science categories.


As urbanization progresses at a remarkable pace, policy makers and analysts come to understand and agree on key features that will make this process more efficient and inclusive, leading to gains in the welfare of citizens. Drawing on insights from economic geography and two centuries of experience in developed countries, the World Bank’s World Development Report 2009: Reshaping Economic Geography emphasizes key aspects that are fundamental to ensuring an efficient rural-urban transformation. Critical among these are land, as the most important resource, and well-functioning land markets. Regardless of the stage of urbanization, flexible and forward-looking institu- ons that help the efficient functioning of land markets are the bedrock of succe- ful urbanization strategies. In particular, institutional arrangements for allocating land rights and for managing and regulating land use have significant implica- ons for how cities deliver agglomeration economies and improve the welfare of their residents. Property rights, well-functioning land markets, and the management and servicing of land required to accommodate urban expansion and provide trunk infrastructure are all topics that arise as regions progress from incipient urbani- tion to medium and high density.



Regulation For Revenue


Regulation For Revenue
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Author : Alan A. Altshuler
language : en
Publisher: Brookings Institution Press
Release Date : 2000-08-21

Regulation For Revenue written by Alan A. Altshuler and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-08-21 with Political Science categories.


Over the past two decades Americans have become increasingly skeptical about the benefits of community growth and hostile to new taxes--while continuing to demand improvements in local services. One response to this tension has been a burgeoning movement to raise public revenue by regulating growth. In this timely book, the authors explain that most growing localities now require private developers to finance public improvements as a condition for receiving permits to build. These permit conditions, known as "exactions," are most commonly used to ensure that infrastructure capacity will be adequate to serve the occupants of new real estate developments and to lessen the harmful effects of these developments on other local citizens. Exactions are often used to finance new roads, water and waste disposal facilities, and public open space, but some communities have begun to require developer financing for such services as day care, job training, low-cost housing, and ride sharing. The authors see the dramatic growth of exaction financing as an epochal shift in the character of American land use regulation. A function once isolated from the local government mainstream is now close to heart of fiscal and public works decisionmaking. Politicians find exactions an extremely valuable tactic for resolving land use conflict. Lawyers and developers worry about how to establish appropriate limits on the use of exaction, economists debate their equity and efficiency, and planners consider their effect on urban reform. Regulation for Revenue offers an integrated appraisal of exaction financing, showing that exactions come in many forms and that they can be meaningfully evaluated only by comparison with realistic alternatives. These include growth restrictions, tolerance of infrastructure overload, and increased tax and user charges.



Estimating Costs And Benefits For Nonstructural Flood Control Measures


Estimating Costs And Benefits For Nonstructural Flood Control Measures
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Author : William D. Carson
language : en
Publisher:
Release Date : 1975

Estimating Costs And Benefits For Nonstructural Flood Control Measures written by William D. Carson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Cost effectiveness categories.




Risk Regulation In The Internal Market


Risk Regulation In The Internal Market
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Author : Maria Weimer
language : en
Publisher: Oxford University Press
Release Date : 2019-03-19

Risk Regulation In The Internal Market written by Maria Weimer and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-19 with Law categories.


This book offers a topical inquiry into the legal and political limits of EU regulation in the field of risk and new technologies surrounded by techno-scientific complexity, uncertainty, and societal contestation. It uses agricultural biotechnology as a paradigmatic example to illustrate the complex intertwinement between environmental, public health, economic and social concerns in risk regulation. Weimer analyses the drawbacks of the EU approach to agricultural biotechnology showing that its reductionism, i.e. the narrow understanding of GMO risks as well as the exclusion of broader societal concerns related to environmental and social sustainability, has undermined both the legitimacy and effectiveness of EU regulation in this area. Resistance to this approach however has also triggered legal innovations prompting us to re-think EU internal market law, including the way in which it manages the tensions between unity and diversity, and between social and economic concerns. This text offers fresh and original insights into how far the EU can go in harmonizing regulatory approaches to risk. At the same time, it proposes new ways of re-thinking EU risk regulation to make it more responsive to different perspectives on risk and technology. A unique feature of this book is that it contributes to various strains of scholarship including risk regulation, internal market law, public administration, and studies of governance and regulation, as well as connecting these themes to broader debates about the legitimacy of European integration and new ways of differentiated integration. As a result it assists in re-imagining the EU internal market and its regulation as a site of diversity.



How Should We Measure City Size Theory And Evidence Within And Across Rich And Poor Countries


How Should We Measure City Size Theory And Evidence Within And Across Rich And Poor Countries
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Author : Remi Jedwab
language : en
Publisher: International Monetary Fund
Release Date : 2019-09-20

How Should We Measure City Size Theory And Evidence Within And Across Rich And Poor Countries written by Remi Jedwab and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-09-20 with Social Science categories.


It is obvious that holding city population constant, differences in cities across the world are enormous. Urban giants in poor countries are not large using measures such as land area, interior space or value of output. These differences are easily reconciled mathematically as population is the product of land area, structure space per unit land (i.e., heights), and population per unit interior space (i.e., crowding). The first two are far larger in the cities of developed countries while the latter is larger for the cities of developing countries. In order to study sources of diversity among cities with similar population, we construct a version of the standard urban model (SUM) that yields the prediction that the elasticity of city size with respect to income could be similar within both developing countries and developed countries. However, differences in income and urban technology can explain the physical differences between the cities of developed countries and developing countries. Second, using a variety of newly merged data sets, the predictions of the SUM for similarities and differences of cities in developed and developing countries are tested. The findings suggest that population is a sufficient statistic to characterize city differences among cities within the same country, not across countries.