Showing 1 - 7 of 7
The paper examines the impact of tax increment financing (TIF) on the value of industrial properties in Chicago. Because TIF designation may be self-selected, a two stage procedure is used to estimate the influence of TIF. The authors find that the value of industrial parcels located in...
Persistent link: https://www.econbiz.de/10010826905
In this paper data from the 1985 Japanese Population Census are used to measure 'excess' commuting among 211 origin and destination points in the Tokyo Metropolitan Area. Using an approach developed by Hamilton, it is found that about 90 per cent of commuting time in Tokyo is excess. Using...
Persistent link: https://www.econbiz.de/10010887756
In addition to land-use zoning, development controls in the suburban municipalities of metropolitan Chicago include architectural reviews, appearance regulations, historical preservation areas, enterprise zones, tax-increment financing districts, development impact fees and regulations...
Persistent link: https://www.econbiz.de/10010826900
This paper presents a simple algorithm for identifying sub-centres using standard properties of contiguity matrices to simplify the identification procedure. Sub-centres are identified for Atlanta, Baltimore-Washington, Boston, New York and Philadelphia. A sub-centre is defined to be a set of...
Persistent link: https://www.econbiz.de/10010826979
Bid-rent theory suggests that the dependent variable of a population density function is unobserved (or population equals zero) if land values are relatively low in residential use. If the errors of density and bid-rent function errors are correlated, bid-rent theory implies that OLS population...
Persistent link: https://www.econbiz.de/10010887666
In 1957 Chicago enacted a Comprehensive Amendment to the Chicago Zoning Ordiance of 1923. In contrast to the hierarchical zoning of the 1923 ordinance, the 1957 ordinance made each zoning category exclusive and mandated the removal of non-conforming uses. This study examines land parcels at the...
Persistent link: https://www.econbiz.de/10010890349
Estimating price indexes for different quantiles shows how prices vary for homes that are in different stages of the filtering process. The paper describes a filtering model and its implication for the dynamic interaction of housing prices at these various stages. A time-series analysis of...
Persistent link: https://www.econbiz.de/10010885356