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Although directed to the British system of Town and Country Planning this paper has relevance for many OECD countries, including some with systems of land use regulation which evolved entirely independently of the British. The paper starts by characterising the basic features of the British land...
Persistent link: https://www.econbiz.de/10005407858
Dick Netzer, a leading public finance economist specializing in state and local issues and urban government, brings together in this comprehensive volume essays by top scholars connecting the property tax with land use. They explore the idea that the property tax is used as a partial substitute...
Persistent link: https://www.econbiz.de/10011159386
There is evidence that the implementation of the planning system creates 'scarcity rents' for land in different uses by acting as a constraint on land supply. This paper provides, for 1984, estimates of the effects this has on house prices, on residential densities and on access to owner...
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ERES:conference
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This paper explores the sources and impact of variations of a given school quality at either primary or secondary level as capitalised into the price of houses. The results provide new evidence on the complex and subtle ways in which housing markets capitalise the value of local public goods...
Persistent link: https://www.econbiz.de/10005072409
Despite the pervasive nature of land use planning and land use regulation, evaluation of the costs and benefits of these policies has received only limited attention. This paper presents an empirical methodology, based on clear microeconomic foundations, for the evaluation of benefits and costs...
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