Zoning, Development Timing, and Agricultural Land Use at the Suburban Fringe: A Competing Risks Approach
Diane Hite,
Brent Sohngen and
Josh Templeton
Agricultural and Resource Economics Review, 2003, vol. 32, issue 1, 145-157
Abstract:
Competing risks survival analysis is used to investigate tax and zoning policy impacts on residential, commercial, and industrial development timing in a rapidly growing Midwestern county. Industrial development appears both to precede and occur concurrently with residential development, while commercial development follows other types. Although residences appear to locate away from industrial land, zoning decisions favoring industry may attract rather than deter residential development within a jurisdiction. Regions with higher infrastructure taxes experience development later. Because school taxes fund local public goods important to homeowners, they have little influence on residential timing, but strong influences on industrial and commercial timing.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:32:y:2003:i:01:p:145-157_00
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