Both theory and observation suggest that three types of incentives are pertinent to suburban zoning decisions. From a legal and economic perspective, the rationale for zoning is to promote the [...]
In recent years in the United States, government regulation of the housing industry has increased dramatically. During the late 1960s and early 1970s, many communities became increasingly dissatisfied with the [...]
Our findings provide evidence that, in both 1970 and 1982, restrictions on the use of dental auxiliaries raised the price of several dental procedures and the average price of a [...]
When competitive landowners/developers control incorporation and zoning decisions, efficient patterns of development emerge. When, by contrast, early arrivals control policy, they may impose zoning restrictions that force later entrants to [...]
The economic theory of regulation suggests that occupational licensing laws are enacted and administered to advance the interests of licensed practitioners. For example, grading standards on licensing examinations could be [...]
The British Town and Country planning system was originally designed to guide rather than restrict development. It has grown into a system which restricts development across the board. This has [...]
This study explores the effects of public licensing board members on legislative regulatory reforms. It represents the first such study that looks across states and across occupations. Public members were [...]
Tests of the efficiency of single family home prices are performed using repeat sales prices of 39,210 individual homes in Atlanta, Chicago, Dallas, and San Francisco/Oakland for 1970-86. The market [...]
Both large bodies of water and local governments restrict the supply of urban land. In this paper we measure water's restriction on supply and test its effect on land price. [...]
This paper analyzes the effects of zoning and restrictive covenants on single-family housing prices in and around Houston, Texas. The calculation of a hedonic price index reveals that higher prices [...]