Effects of development tax on leapfrog sprawl in a thinly traded land market

Yong Chen

Land Use Policy, 2020, vol. 92, issue C

Abstract: A behavior-driven agent-based model of exurban land market is used to assess the effectiveness of development tax on the control of leapfrog development. Acknowledging the stylized fact that land demand decreases while the supply increases along the urban-rural gradient, we show that development tax becomes ineffective when it limits the market competition on undeveloped land.

Keywords: Anti-sprawl; Agent-based model; Land use; Leapfrog; Development tax (search for similar items in EconPapers)
JEL-codes: C63 R14 R31 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:lauspo:v:92:y:2020:i:c:s0264837719303540

DOI: 10.1016/j.landusepol.2019.104420

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