Public Development Of Industrial Estates In The Netherlands: Undesired Market Outcomes And Policy Interventions
AbstractThe Dutch market for industrial estates is dominated by municipalities who have always felt responsible for supplying sufficient industrial sites at all times. As a result, a number of undesired market outcomes have occurred in this market, including oversupply of land and a high rate of deteriorating industrial estates. Policy interventions have been announced that must improve market outcomes. This paper analyses those undesired market outcomes and compares them with development processes in other European countries. We will argue that the effectiveness of the present set of interventions - all meant to adjust the present institutional order - can be improved, when they are accompanied by interventions meant to restructure this institutional order. The latter set of interventions, based on recent Coasian planning literature, includes the pricing of externalities, reduction of the rights of municipalities to develop industrial estates and a change of the conditions in industrial properties tenancy contracts. Copyright (c) 2010 by the Royal Dutch Geographical Society KNAG.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Royal Dutch Geographical Society KNAG in its journal Tijdschrift voor economische en sociale geografie.
Volume (Year): 101 (2010)
Issue (Month): 1 (02)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0040-747X
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.