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Estimating Effects of an Urban Growth Boundary on Land Development

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Author Info
Cho, Seong-Hoon
Chen, Zhou
Yen, Steven T.
Eastwood, David B.

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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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File URL: http://purl.umn.edu/43761
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Publisher 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. Yuya Sasaki & Arthur Caplan, 2008. "Matching Heterogeneous Traders in Quantity-Regulated Markets," Computational Economics, Springer, vol. 31(4), pages 341-362, May. [Downloadable!] (restricted)
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This page was last updated on 2009-11-26.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.