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Estimating Effects of an Urban Growth Boundary on Land Development

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  • Cho, Seong-Hoon
  • Chen, Zhuo
  • Yen, Steven T.
  • Eastwood, David B.

Abstract

This study estimates the effects of an urban growth boundary (UGB) on land development decisions in Knox County, TN, using a heteroscedastic probit model. With combined efforts of increased land development within the city boundary and decreased development within the UGB and the neighboring town of Farragut after the implementation of UGB, the UGB of Knox County has been successful in urban revitalization within the city boundary and discouraging urban sprawl. These UGB impacts may be related to the city government having the right to annex land parcels within the UGB without consent of land owners.

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Bibliographic Info

Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 38 (2006)
Issue (Month): 02 (August)
Pages:

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Handle: RePEc:ags:joaaec:43761

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Related research

Keywords: heteroscedastic probit; land development; urban growth boundary; Community/Rural/Urban Development; Environmental Economics and Policy; Land Economics/Use; C35; Q24; R52;

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  1. Pierre Dubois, 1999. "Moral Hazard, Land Fertility and Sharecropping in a Rural Area of the Philippines," Working Papers 99-30, Centre de Recherche en Economie et Statistique.
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Cited by:
  1. Yuya Sasaki & Arthur Caplan, 2008. "Matching Heterogeneous Traders in Quantity-Regulated Markets," Computational Economics, Society for Computational Economics, vol. 31(4), pages 341-362, May.
  2. Kim, Seung Gyu & Cho, Seong-Hoon & Classen, Roger, 2012. "Exploring Spatially Heterogeneous Effect of Property Tax Scheme on Land Development," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124709, Agricultural and Applied Economics Association.
  3. Newburn, David A. & Berck, Peter, 2011. "Growth Management Policies for Exurban and Suburban Development: Theory and an Application to Sonoma County, California," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 40(3), December.
  4. Dempsey, Judith A. & Plantinga, Andrew J., 2013. "How well do urban growth boundaries contain development? Results for Oregon using a difference-in-difference estimator," Regional Science and Urban Economics, Elsevier, vol. 43(6), pages 996-1007.

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