In this paper we introduce a general model of property tax increment financed redevelopment. The model illustrates how expenditures on public infrastructure and housing induce private capital investment and growth in property values. It can be used to frame the problem of how best to manage a...

This paper reviews and analyzes the spatial dispersion of economic activities in the Peoples' Republic of China for the period of 1952-1985. The purpose of the paper is to shed light on the future prospect of spatial development in China. Specifically, the paper examines the relationship between...