Development density, administrative decisions, and land values: An empirical investigation
Michal Gluszak and
Robert Zygmunt
Land Use Policy, 2018, vol. 70, issue C, 153-161
Abstract:
The paper addresses the links between planning uncertainty and land values, from theoretical and empirical perspective. We investigated land prices in a western part of Krakow (Poland) using a sample of 419 property sales from 2002 to 2014. We used spatial hedonic models to explore the relations between planning and building decisions, development density and land values.
Keywords: Density; Development; Land use; Hedonic model; Planning risk; Land prices (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (10)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:lauspo:v:70:y:2018:i:c:p:153-161
DOI: 10.1016/j.landusepol.2017.10.036
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