The Coase theorem presents two criteria for evaluating regulation: regulations efficiency relative to private solutions and how the regulation affects the distribution of wealth. Previous studies of the impact of [...]
This paper examines the impact that alternative state planning frameworks have on five dimensions of urban development: density, the spatial extent of urbanised land area, property value, public expenditures on [...]
We explore the dynamics of real house prices...from a panel data set of 62 metro areas from 1979-1995. Serial correlation is higher in metro areas with higher real income, population [...]
The bulk of the evidence marshaled in this paper suggests that zoning, and other land-use controls, are more responsible for high prices where we see them. There is a huge [...]
Exclusionary zoning limits residential development over large areas, and even entire cities or towns, to single-family housing on large lots. Exclusionary zoning is unfair to people and families of modest [...]
The theory behind both urban-growth boundaries and light rail systems seems sensible at first. Growth boundaries stop development from “sprawling” beyond the limits it sets and forces new development and [...]
This report is the second portion of a two-part study that attempts to help fill this void by examining the implementation of growth management techniques in Ventura County, California, a [...]
I sought to examine whether pedestrian-oriented, mixed-use neighborhoods encourage enhanced levels of social and community engagement (i.e., social capital). The study investigated the relationship between neighborhood design and individual levels [...]
Though this study does not prove that housing markets and development trends in Maryland have been adversely affected by land use policies, there is evidence to suggest that state and [...]
Economists have speculated for at least a century that the social return to education may exceed the private return. In this paper, I estimate spillovers from college education by comparing [...]