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Urban Economic Theory

Urban Economic Theory PDF Author: Masahisa Fujita
Publisher: Cambridge University Press
ISBN: 9780521396455
Category : Business & Economics
Languages : en
Pages : 380

Book Description
This book examines the economic reasons why people choose to live where they live and develops, through analysis of the bid rent function, a unified theory of urban land use and city size. The first part of the book explicates the basic theory of urban land use and optimal city size. Residential location behavior of households is examined in a microeconomic framework and equilibrium and optimal patterns of residential land use are discussed. The corresponding equilibrium and optimal city sizes are studied in a variety of contexts. Part Two extends the classical theories of von Thunen and Alonso with the addition of externality factors such as local public goods, crowding and congestion, and racial prejudice. The rigorous mathematical approach and theoretical treatment of the material make Urban Economic Theory of interest to researchers in urban economics, location theory, urban geography, and urban planning.

Urban Economic Theory

Urban Economic Theory PDF Author: Masahisa Fujita
Publisher: Cambridge University Press
ISBN: 9780521396455
Category : Business & Economics
Languages : en
Pages : 380

Book Description
This book examines the economic reasons why people choose to live where they live and develops, through analysis of the bid rent function, a unified theory of urban land use and city size. The first part of the book explicates the basic theory of urban land use and optimal city size. Residential location behavior of households is examined in a microeconomic framework and equilibrium and optimal patterns of residential land use are discussed. The corresponding equilibrium and optimal city sizes are studied in a variety of contexts. Part Two extends the classical theories of von Thunen and Alonso with the addition of externality factors such as local public goods, crowding and congestion, and racial prejudice. The rigorous mathematical approach and theoretical treatment of the material make Urban Economic Theory of interest to researchers in urban economics, location theory, urban geography, and urban planning.

Rethinking the Economics of Land and Housing

Rethinking the Economics of Land and Housing PDF Author: Josh Ryan-Collins
Publisher: Zed Books Ltd.
ISBN: 1786991217
Category : Business & Economics
Languages : en
Pages : 306

Book Description
Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.

Location and Land Use

Location and Land Use PDF Author: William Alonso
Publisher:
ISBN: 9780674729568
Category : Rent (Economic theory)
Languages : en
Pages : 216

Book Description


The Economics of Zoning Laws

The Economics of Zoning Laws PDF Author: William A. Fischel
Publisher: JHU Press
ISBN: 9780801835629
Category : Business & Economics
Languages : en
Pages : 396

Book Description
Land use controls can affect the quality of the environment, the provision of public services, the distribution of income and wealth, the development of natural resources, and the growth of the national economy. The Economics of Zoning Laws is the first book to apply the modern economic theory of property rights to all major aspects of zoning. Zoning laws are neither irrational constrints on otherwise efficient markets nor disinterested attempts to correct market failure. Rather, zoning must be viewed as a collective property right, vested in local governments and administered by politicians who rationally repsond to their constituents and to developers as markets for development rights arise. The Economics of Zoning Laws develops the economic theories of property rights and public choice and applies them to three zoning controversies: the siting of a large industrial plant, the exclusionary zoning of the suburbs, and the constitutional protection of propery owners from excessive regulation. Economic and legal theory, William Fischel contends, suggest that payment of damages under the taking clause of the Constitution may provide the most effective remedy for excessive zoning regulations.

Land Use in Economic Theory

Land Use in Economic Theory PDF Author: Douglas H. Brooks
Publisher:
ISBN:
Category : Land use
Languages : en
Pages : 24

Book Description


Zoning Rules!

Zoning Rules! PDF Author: William A. Fischel
Publisher:
ISBN: 9781558442887
Category : Electronic books
Languages : en
Pages : 416

Book Description
"Zoning has for a century enabled cities to chart their own course. It is a useful and popular institution, enabling homeowners to protect their main investment and provide safe neighborhoods. As home values have soared in recent years, however, this protection has accelerated to the degree that new housing development has become unreasonably difficult and costly. The widespread Not In My Backyard (NIMBY) syndrome is driven by voters’ excessive concern about their home values and creates barriers to growth that reach beyond individual communities. The barriers contribute to suburban sprawl, entrench income and racial segregation, retard regional immigration to the most productive cities, add to national wealth inequality, and slow the growth of the American economy. Some state, federal, and judicial interventions to control local zoning have done more harm than good. More effective approaches would moderate voters’ demand for local-land use regulation—by, for example, curtailing federal tax subsidies to owner-occupied housing"--Publisher's description.

Economic Analysis of Property Rights

Economic Analysis of Property Rights PDF Author: Yoram Barzel
Publisher: Cambridge University Press
ISBN: 9780521597135
Category : Business & Economics
Languages : en
Pages : 180

Book Description
This is a study of the way individuals organise the use of resources in order to maximise the value of their economic rights over these resources.

Towards Sustainable Production and Use of Resources

Towards Sustainable Production and Use of Resources PDF Author:
Publisher: UNEP/Earthprint
ISBN: 9789280730524
Category : Business & Economics
Languages : en
Pages : 40

Book Description
This report was produced by the Working Group on biofuels of the International Panel for Sustainable Resource Managemet. It provides an overview of the key problems and perspectives toward sustainable production and use of biofuels. It is based on an extensive literature study, taking into account recent major reviews. The focus is on so-called first generation biofuels while considering further lines of development. In the overall context of enhancing resource productivity, options for more efficient and sustainable production and use of biomass are examined. In particular, "modern biomass use" for energetic purposes, such as biomass used for (co-)generation of heat and power and liquid biofuels for transport, are addressed and related to the use of biomass for food and material purposes. Whereas improving the efficiency of biomass production plays a certain role towards enhancing sustainability, progress will ultimately depend on a more efficient use of biotic (and abiotic) resources (incl. for instance an increased fuel economy of car fleets), although a full consideration of all relevant strategies towards this end (e.g changing diets high in animal based foods and reducing food losses) is beyond the scope of this report.

Urban Land Markets

Urban Land Markets PDF Author: Somik V. Lall
Publisher: Springer Science & Business Media
ISBN: 1402088620
Category : Political Science
Languages : en
Pages : 434

Book Description
As urbanization progresses at a remarkable pace, policy makers and analysts come to understand and agree on key features that will make this process more efficient and inclusive, leading to gains in the welfare of citizens. Drawing on insights from economic geography and two centuries of experience in developed countries, the World Bank’s World Development Report 2009: Reshaping Economic Geography emphasizes key aspects that are fundamental to ensuring an efficient rural-urban transformation. Critical among these are land, as the most important resource, and well-functioning land markets. Regardless of the stage of urbanization, flexible and forward-looking institu- ons that help the efficient functioning of land markets are the bedrock of succe- ful urbanization strategies. In particular, institutional arrangements for allocating land rights and for managing and regulating land use have significant implica- ons for how cities deliver agglomeration economies and improve the welfare of their residents. Property rights, well-functioning land markets, and the management and servicing of land required to accommodate urban expansion and provide trunk infrastructure are all topics that arise as regions progress from incipient urbani- tion to medium and high density.

Economics and Land Use Planning

Economics and Land Use Planning PDF Author: Alan W. Evans
Publisher: John Wiley & Sons
ISBN: 047068058X
Category : Business & Economics
Languages : en
Pages : 224

Book Description
The book's aim is to draw together the economics literature relating to planning and set it out systematically. It analyses the economics of land use planning and the relationship between economics and planning and addresses questions like: What are the limits of land use planning and the extent of its objectives?; Is the aim aesthetic?; Is it efficiency?; Is it to ensure equity?; Or sustainability?; And if all of these aims, how should one be balanced against another?