This paper examines the effectiveness of urban containment policies to protect forestland from residential conversion and to increase the provision of forest public goods in the presence of irreversible investments and policy uncertainty. We develop a model of a single landowner that allows for...

This paper presents the results of an empirical study of the determinants of non-residential real estate values in Los Angeles County. The data base consists of 13, 370 property transactions from 1996 to 2005. Separate spatial econometric models are developed for industrial, commercial, retail...

This paper examines the effects of changes in downtown parking supply on urban welfare, modal choice decisions and urban spatial structure using a spatial general equilibrium model of a closed monocentric city with two transport modes, endogenous residential parking and a form of bottleneck...