On the origins of land use regulations: Theory and evidence from US metro areas

Frederic Robert-Nicoud and ,
Authors registered in the RePEc Author Service: Christian Albin Lukas Hilber

No 7604, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group (via increasing property prices) but hurt the latter (via increasing development costs). More desirable locations are more developed and, as a consequence of political economy forces, more regulated. Using an IV approach that directly follows from our model we find strong and robust support for our predictions. The data provide weak or no support for alternative hypotheses whereby regulations reflect the wishes of the majority of households or efficiency motives.

Keywords: Land use regulations; Zoning; Land ownership; Housing supply (search for similar items in EconPapers)
JEL-codes: H7 Q15 R52 (search for similar items in EconPapers)
Date: 2009-12
New Economics Papers: this item is included in nep-agr, nep-reg and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://cepr.org/publications/DP7604 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: On the origins of land use regulations: Theory and evidence from US metro areas (2013)
Working Paper: On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas (2012)
Working Paper: On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas (2010)
Working Paper: On the origins of land use regulations: theory and evidence from us metro areas (2010)
Working Paper: On the Origins of Land Use Regulations: Theory and Evidence from US Metro Areas (2009)
Working Paper: On the origins of land use regulations: theory and evidence from US metro areas (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:7604

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP7604

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().