Welfare Economics of Land Use Regulation
Paul Cheshire and
Stephen Sheppard
Urban/Regional from University Library of Munich, Germany
Abstract:
Despite the pervasive nature of land use planning and land use regulation, evaluation of the costs and benefits of these policies has received only limited attention. This paper presents an empirical methodology, based on clear microeconomic foundations, for the evaluation of benefits and costs of land use planning. The technique is applied to the Town and Country Planning System of the UK. Evaluation is presented of gross benefits from several land use planning activities, the net costs of land use planning, and the distributional consequences of these policies. The results show that these welfare and distributional impacts are considerable.
Keywords: Land Use Planning; Housing Markets; Zoning; Regulation (search for similar items in EconPapers)
JEL-codes: L51 R38 R52 (search for similar items in EconPapers)
Pages: 48 pages
Date: 1997-02-27
Note: Type of Document - Zipped postcsript file; prepared on Windows LaTeX / Scientific Workplace; to print on Postscript; pages: 48 ; figures: Included in file. This is No. 42 of the series Research Papers in Environmental and Spatial Analysis. Comments welcome.
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Citations: View citations in EconPapers (15)
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Related works:
Working Paper: The Welfare Economics of Land Use Regulation (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpur:9702001
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