Heterogeneous Developers, Spatial Interactions, and Land Development Outcomes under Uncertainty

Matthew Gnagey

No 124932, 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington from Agricultural and Applied Economics Association

Abstract: Land development is a central topic in environmental, resource, urban and regional economics, yet our empirical knowledge of people behind land development, the developers, and the supply of urban land is limited. In response I develop a model of exurban land developers to test the spatial interactions of heterogeneous developers in exurban areas. Using estimation techniques that identify a parameter isolate the spatial competition and interaction effect I am able to determine the effects of developer behavior. I find significant evidence of land developers competing spatially as they locate across an exurban county.

Keywords: Community/Rural/Urban Development; Land Economics/Use (search for similar items in EconPapers)
Pages: 25
Date: 2012
New Economics Papers: this item is included in nep-geo and nep-ure
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea12:124932

DOI: 10.22004/ag.econ.124932

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