Hilber, Christian A. L.; Robert-Nicoud, Frédéric - Institut d'Economie et Econométrie, Université de Genève - 2011
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 … robust support for our predictions at the US metro area level. We conclude from our analysis that land use regulations are …