The welfare economics of land use planning

Cheshire, Paul; Sheppard, Stephen

doi:10.1016/s0094-1190(02)00003-7

Cited by 213 publications

(130 citation statements)

References 25 publications

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“…We do not undertake such an analysis here, though Palmquist (1992) shows that the first stage sufficiently measures total benefits in the case of localized externalities that affect a small number of people. Several open space studies undertake a second-stage analysis and estimate demand (Garrod and Willis 1992, Cheshire and Sheppard 1998, Cheshire and Sheppard 2002. See Palmquist (1991), Sheppard (1999), andFreeman (2003) for surveys of hedonic theory and methods.…”

Section: Econometric Modelmentioning

confidence: 99%

Open space, residential property values, and spatial context

Anderson

West

2006

Regional Science and Urban Economics

391

259

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Section: Econometric Modelmentioning

confidence: 99%

Open space, residential property values, and spatial context

Anderson

West

2006

Regional Science and Urban Economics

391

259

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“…Elsewhere we have provided estimates of the distributional and welfare effects of such regulation (Cheshire and Sheppard, 2002a). The conclusion was that even allowing for the value of the amenities generated by the planning system in the form of more open space within the city and at its periphery, and the separation of industrial from residential use, there was a substantial net cost measured as the implied equivalent variation in incomes associated with a local policy of growth constraint.…”

Section: Estimating the Impact Of Land Use Planning And Zoningmentioning

confidence: 99%

“…This suggests that land use regulation at least can be to a degree binding but it is likely that such impacts will vary greatly from context to context. For example it appears that growth boundaries are particularly regressive in welfare terms (Cheshire and Sheppard, 2002a) but the impact of other types of planning policy, such as the promotion of 'mixed communities' or mixed land use, might have very different distributional effects. It is certainly worth investigating.…”

Section: What Do We Need To Know and How Might We Most Fruitfully Invmentioning

confidence: 99%

Land markets and land market regulation: progress towards understanding

Cheshire

Sheppard

2004

Regional Science and Urban Economics

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Abstract:We introduce the papers in this volume and put them into the context of the literature on land use regulation. We then synthesise and draw some conclusions from existing research on land use regulation and interpret the evidence currently available. In the light of this review we then identify issues for research. As we stress in this introduction, the analysis of land use regulation is, compared to regulation in other contexts, significantly neglected. We hope that this special issue which draws on the results of a conference held at the Lincoln Institute of Land Policy in the summer of 2002 will go some way towards highlighting and remedying this neglect.JEL: D6; H4; L5; R1

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“…Clark, 1996 andDowall, 1998.) The research indicates that such growth binding regulations are particularly regressive in welfare terms (Cheshire and Sheppard, 2002a). Site planning and subdivision controls reduced the area of land available for residential construction in Seoul by another 40 percent.…”

Section: Recent Studies In Pakistanmentioning

confidence: 96%

Urban Land and Housing Markets in the Punjab, Pakistan

Dowall

Ellis

2009

Urban Studies

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Well-functioning urban land and housing markets are critical success factors for achieving robust economic growth. This paper provides an overview of urban land and housing market performance in Punjab Province of Pakistan. It describes the characteristics of well-functioning markets and argues that the Punjab’s present markets are not performing adequately. In fact, there exists a range of impediments to efficient urban land and housing market performance: excessive public land ownership, inadequate infrastructure services, weak property rights, pervasive public- and private-sector rent seeking, counter-productive urban planning policies and regulations, costly sub-division and construction regulations, limited financing for property development and acquisition, rent controls and inadequate property-tax-based revenue-generating mechanisms. The paper concludes by suggesting that a prioritised comprehensive reform agenda is needed to improve urban land and housing market performance in Punjab Province. The analytical and conceptual approach used to research this paper is based on standard neo-classical economics. Therefore, the paper does not address broader political economy or structural issues. Consequently, the paper’s contribution should be viewed as limited in scope.

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The welfare economics of land use planning

Cited by 213 publications

References 25 publications

Open space, residential property values, and spatial context

Open space, residential property values, and spatial context

Land markets and land market regulation: progress towards understanding

Urban Land and Housing Markets in the Punjab, Pakistan

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