DOES DISTANCE MAKE GOOD NEIGHBORS? THE ROLE OF SPATIAL EXTERNALITIES AND INCOME IN RESIDENTIAL DEVELOPMENT PATTERNS
Rocio Moreno-Sanchez () and
Elena G. Irwin
No 19973, 2004 Annual meeting, August 1-4, Denver, CO from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Scattered residential development is explained using a theoretical model of residential location in which household interactions generate externalities that determine location choices. Results demonstrate the role of income and heterogeneous preferences in generating this form of sprawl. Among our findings is that rising income generates only temporary increases in sprawl.
Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea04:19973
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