This study estimates the effect of land use regulation on land price by exploiting the feature of building height limits of the aviation law in Fukuoka, Japan. The law limits the building height within 4000 meters of an airport to 54.1 m, but when the distance exceeds 4000 meters, the limits are...

The major objective of this paper is to estimate regional utility levels based on interregional migration data. We first revealed three stylized facts concerning migration behavior by examining long-term Japanese data on interregional migration. We then uncovered inconsistency between net...