LAND USE PLANNING: PUBLIC OR PRIVATE CHOICE?

Mark Pennington

Economic Affairs, 2003, vol. 23, issue 2, 10-15

Abstract: Focusing on house prices and residential densities, this paper offers a comparative institutions account of the likely performance of public and private land use planning regimes. The analysis suggests that whilst far from ‘perfect,’ a system of private land use planning is likely to offer a more effective way of balancing the costs and benefits of land use change than a government‐driven system.

Date: 2003
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https://doi.org/10.1111/1468-0270.00409

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