Planning Gain: A Theoretical Note
D.G. Wiltshaw
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D.G. Wiltshaw: Department of Town and Country Planning, Trent Polytechnic, Nottingham, UK
Urban Studies, 1984, vol. 21, issue 2, 183-187
Abstract:
Much of the recent debate concerning planning gain has been concerned with it as a reflection of the increased legal and administrative power of local planning authorities. This note concentrates on the economic power of an authority to extract gain; that power is seen, in a competitive framework, to rest on both the elasticity of the derived demand for land and the authority's commitment to have its own plans implemented. In such a setting, even though the authority may decide whether a development can take place, that in itself does not give the authority any particular power to extract planning gain.
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:21:y:1984:i:2:p:183-187
DOI: 10.1080/00420988420080341
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