A Note on the Value of Foregone Open Space in Sprawling Cities

Jan Rouwendal and Wouter Vermeulen ()

SERC Discussion Papers from Centre for Economic Performance, LSE

Abstract: Foregone benefits of the open space that is sacrificed through urban sprawl are hard to quantify. We obtain a simple benchmark measure by introducing a demand for trips beyond the urban boundary into the monocentric city model. The externality arises from the increase in travel costs that expansion of the city imposes on its prior inhabitants. An empirical application illustrates the moderate informational requirements. It indicates that open space externalities warrant rather mild restrictions on urban expansion.

Keywords: urban sprawl; open space; growth controls; outdoor recreation (search for similar items in EconPapers)
JEL-codes: Q26 R13 R52 (search for similar items in EconPapers)
Date: 2012-02
New Economics Papers: this item is included in nep-tur and nep-ure
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http://cep.lse.ac.uk/pubs/download/sercdp0101.pdf (application/pdf)

Related works:
Working Paper: A note on the value of foregone open space in sprawling cities (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:sercdp:0101

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