Estimating Effects of an Urban Growth Boundary on Land Development

Seong-Hoon Cho (), Zhuo Chen, Steven T. Yen and David B. Eastwood

Journal of Agricultural and Applied Economics, 2006, vol. 38, issue 2, 12

Abstract: This study estimates the effects of an urban growth boundary (UGB) on land development decisions in Knox County, TN, using a heteroscedastic probit model. With combined efforts of increased land development within the city boundary and decreased development within the UGB and the neighboring town of Farragut after the implementation of UGB, the UGB of Knox County has been successful in urban revitalization within the city boundary and discouraging urban sprawl. These UGB impacts may be related to the city government having the right to annex land parcels within the UGB without consent of land owners.

Keywords: Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (13)

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Journal Article: Estimating Effects of an Urban Growth Boundary on Land Development (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:43761

DOI: 10.22004/ag.econ.43761

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