On the origins of land use regulations: Theory and evidence from US metro areas
Christian Hilber and
Frederic Robert-Nicoud
Journal of Urban Economics, 2013, vol. 75, issue C, 29-43
Abstract:
We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group via increasing property prices but hurt the latter via increasing development costs. In this setting, more desirable locations are more developed and, as a consequence of political economy forces, more regulated. These predictions are consistent with the patterns we uncover at the US metropolitan area level.
Keywords: Land use regulations; Zoning; Land ownership; Housing supply (search for similar items in EconPapers)
JEL-codes: H7 Q15 R52 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (110)
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Related works:
Working Paper: On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas (2012) 
Working Paper: On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas (2010) 
Working Paper: On the origins of land use regulations: theory and evidence from us metro areas (2010) 
Working Paper: On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas (2009) 
Working Paper: On the origins of land use regulations: Theory and evidence from US metro areas (2009) 
Working Paper: On the origins of land use regulations: theory and evidence from US metro areas (2009) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:juecon:v:75:y:2013:i:c:p:29-43
DOI: 10.1016/j.jue.2012.10.002
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