Landowner Characteristics: A Basis for Locational Decisions in the Urban Fringe

Charles H. Barnard and Walter R. Butcher

American Journal of Agricultural Economics, 1989, vol. 71, issue 3, 679-684

Abstract: Discontiguous urban growth is explained more by landowner characteristics than by parcel characteristics. Discriminant analysis of the sell/hold decisions of owners of undeveloped parcels demonstrated the greater importance of landowner characteristics in determining urban fringe sales. Sales, in turn, exhibit a high degree of association with development in the near term. These results suggest that discontiguous patterns of urban growth arise largely from the scattered availability of sites owned by persons with reservation prices below market value. Institutional constraints on development that rely on rent changes induced by subsidies and penalties will be ineffective.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:71:y:1989:i:3:p:679-684.

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