Urban land policy and housing in an endogenously growing monocentric city

Lin, Chu-Chia; Mai, Chao-Cheng; Wang, Ping

doi:10.1016/s0166-0462(03)00026-7

Cited by 33 publications

(16 citation statements)

References 24 publications

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“…See also Arnott (1980Arnott ( , 1987, Brueckner (1981), Brueckner and Pereira (1994), Arnott et al (1999), Braid (2001), Frame (2004), and Glaeser and Gyourko (2005) for introducing more realistic aspects of housing market to the growth model. A recent literature review is referred to Lin et al (2004). It can be seen that as far as the main issues in this study are concerned, introduction of some other aspects of housing production will not affect our main conclusions.…”

Section: Residential Areamentioning

confidence: 97%

Growth, economic structure, and residential distribution of a small city

Zhang

2009

Int Rev Econ

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Section: Residential Areamentioning

confidence: 97%

Growth, economic structure, and residential distribution of a small city

Zhang

2009

Int Rev Econ

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“…A paper by Ohls, Weisberg and White (1974) showed that zoning regulations restricting the supply of land available for development below the level that would be normally exchanged in the market increase land prices. A model developed by Lin, Mai and Wang (2003) demonstrates how a uniform restriction on the FAR encourages non-productive use of housing capital, raises equilibrium housing prices and lowers city growth. In contrast, an increasing FAR towards the city center increases the productive use of housing capital and reduces housing prices, thus, fostering the city's economic growth.…”

Section: Recent Studies In Pakistanmentioning

confidence: 99%

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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“…See also Arnott (1980), Arnott et al (1999) and Glaeser and Gyourko (2005) for introducing more realistic aspects of housing market to the growth model. A recent literature review is referred to Lin et al (2004). 9 This assumption is often used in the literature of urban economics (see Fujita 1999).…”

Section: Behavior Of Consumersmentioning

confidence: 99%

Interregional economic growth with transportation and residential distribution

Zhang

2009

Ann Reg Sci

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The paper proposes a model of interregional economic growth model with travel time, housing, residential distribution, and amenity. The economy consists of multiple regions and each region consists of the CBD and the residential area (like in the standard Alonso model). All the markets are perfectly competitive. The paper demonstrates a way to integrate some important models in the literature in transportation research, economic growth theory, urban economics, and regional economics. The simulation results for a 3-region economy provide some interesting insights into national economic development, regional agglomeration, and urban configuration. We demonstrate, for instance, that when the technologically most advanced region improves its transportation conditions, the national output is increased, the advanced region attracts more people from the other two regions, the advanced region's industrial and housing output levels are increased, the other two regions' output levels are reduced, the land and housing rents and residential distribution in the advanced region are reduced near the CBD and increased far away from the CBD, and the land and housing rents and residential distribution in the other two regions are reduced over the entire residential areas. JEL Classification R11 · O18

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Urban land policy and housing in an endogenously growing monocentric city

Cited by 33 publications

References 24 publications

Growth, economic structure, and residential distribution of a small city

Growth, economic structure, and residential distribution of a small city

Urban Land and Housing Markets in the Punjab, Pakistan

Interregional economic growth with transportation and residential distribution

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