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Municipal land sales provide one option for financing urban infrastructure investment. In countries where land is owned by the public sector, land is by far the most valuable asset on the municipal balance sheet. Selling land or long-term leasing rights to land use while investing the proceeds...
Persistent link: https://www.econbiz.de/10012553864
The world's urban population doubled between 1970 and 2008, growing from 1.5 billion to 3 billion people. Future world population growth will be concentrated in developing countries-the majority in medium-size and smaller cities and towns. International institutions and governments alike face...
Persistent link: https://www.econbiz.de/10012673852
Despite strong economic growth, investment in basic urban infrastructure -- water supply, wastewater removal and treatment, roads, and other capital-intensive systems -- has failed to keep pace with urban growth, leaving a critical urban infrastructure deficit. At the same time, urban lands in...
Persistent link: https://www.econbiz.de/10012973822
Land assets have become an important source of financing capital investments by subnational governments in developing countries. Land assets, often with billions of dollars per transaction, rival and sometimes surpass subnational borrowing or fiscal transfers for capital spending. While reducing...
Persistent link: https://www.econbiz.de/10012976386
Raising capital to finance urban infrastructure is a challenge. One solution is to 'unlock' urban land values - such as by selling public lands to capture the gains in value created by investment in infrastructure projects. Land-based financing techniques are playing an increasingly important...
Persistent link: https://www.econbiz.de/10012555695
The PARVS survey was used to estimate demand models on Forest Service land; for 12 activities in 9 Forest Service retions. A reverse multinomial logit gravity model was used. A first stage estimates probablity that a trip observed at a recreation site originated from a county. A second state uses...
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