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Housing Supply and the Effects of Stochastic Development Control

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  • Mayo, Stephen
  • Sheppard, Stephen

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Housing Economics.

Volume (Year): 10 (2001)
Issue (Month): 2 (June)
Pages: 109-128

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Handle: RePEc:eee:jhouse:v:10:y:2001:i:2:p:109-128

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Web page: http://www.elsevier.com/locate/inca/622881

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References

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  1. Stephen A. Pyhrr, 1973. "A Computer Simulation Model to Measure the Risk in Real Estate Investment," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 1(1), pages 48-78.
  2. Richard B. Peiser, 1984. "Risk Analysis in Land Development," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 12(1), pages 12-29.
  3. Christopher J. Mayer & C. Tsuriel Somerville, . "Land Use Regulation and New Construction," Zell/Lurie Center Working Papers 331, Wharton School Samuel Zell and Robert Lurie Real Estate Center, University of Pennsylvania.
  4. Riddiough, Timothy J., 1997. "The Economic Consequences of Regulatory Taking Risk on Land Value and Development Activity," Journal of Urban Economics, Elsevier, vol. 41(1), pages 56-77, January.
  5. Capozza Dennis R. & Sick Gordon A., 1994. "The Risk Structure of Land Markets," Journal of Urban Economics, Elsevier, vol. 35(3), pages 297-319, May.
  6. Dasgupta, Partha & Stiglitz, Joseph, 1981. "Resource Depletion under Technological Uncertainty," Econometrica, Econometric Society, vol. 49(1), pages 85-104, January.
  7. Mankiw, N. Gregory & Weil, David N., 1989. "The baby boom, the baby bust, and the housing market," Regional Science and Urban Economics, Elsevier, vol. 19(2), pages 235-258, May.
  8. Sheridan Titman & Arthur Warga, 1986. "Risk and the Performance of Real Estate Investment Trusts: A Multiple Index Approach," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 14(3), pages 414-431.
  9. Ellson, Richard & McDermott, John, 1987. "Zoning uncertainty and the urban land development firm," Journal of Urban Economics, Elsevier, vol. 22(2), pages 209-222, September.
  10. Sheppard, Stephen, 1988. "The qualitative economics of development control," Journal of Urban Economics, Elsevier, vol. 24(3), pages 310-330, November.
  11. Mayo, Stephen & Sheppard, Stephen, 1996. "Housing Supply under Rapid Economic Growth and Varying Regulatory Stringency: An International Comparison," Journal of Housing Economics, Elsevier, vol. 5(3), pages 274-289, September.
  12. Titman, Sheridan, 1985. "Urban Land Prices under Uncertainty," American Economic Review, American Economic Association, vol. 75(3), pages 505-14, June.
  13. Gatzlaff, Dean H & Smith, Marc T, 1993. "Uncertainty, Growth Controls, and the Efficiency of Development Patterns," The Journal of Real Estate Finance and Economics, Springer, vol. 6(2), pages 147-55, March.
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Cited by:
  1. Paul Cheshire & Christian Hilber & Ioannis Kaplanis, 2011. "Land Use Regulation & Retail: Space Constraints and Total Factor Productivity," ERSA conference papers ersa10p1084, European Regional Science Association.
  2. P. C. Cheshire & Stephen Charles Sheppard, 2004. "Land markets and land market regulation : progress towards understanding," LSE Research Online Documents on Economics 566, London School of Economics and Political Science, LSE Library.
  3. Wouter Vermeulen & Christian A.L. Hilber, 2012. "The Impact of Supply Constraints on House Prices in England," CPB Discussion Paper 219, CPB Netherlands Bureau for Economic Policy Analysis.
  4. Alicia Sasser & Bo Zhao & Darcy Rollins & Robert Tannenwald, 2006. "The lack of affordable housing in New England: how big a problem?: why is it growing?: what are we doing about it?," New England Public Policy Center Working Paper 06-1, Federal Reserve Bank of Boston.
  5. Paul Cheshire & Gerard Dericks, 2014. "'Iconic Design' as Deadweight Loss: Rent Acquisition by Design in the Constrained London Office Market," SERC Discussion Papers 0154, Spatial Economics Research Centre, LSE.
  6. Jyh-Bang Jou & Tan (Charlene) Lee, 2009. "How Does a Development Moratorium Affect Development Timing Choices and Land Values?," The Journal of Real Estate Finance and Economics, Springer, vol. 39(3), pages 301-315, October.
  7. Cheshire, Paul & Hilber, Christian, 2007. "Office Space Supply Restrictions in Britain: The Political Economy of Market Revenge," ERES eres2007_119, European Real Estate Society (ERES).
  8. Michael Ball, 2010. "Critical Commentary. Cities and Housing Markets: Changes and Continuities in the Aftermath of the 2007—08 World Financial Crisis," Urban Studies, Urban Studies Journal Limited, vol. 47(5), pages 931-944, May.
  9. Ball, Michael & Meen, Geoffrey & Nygaard, Christian, 2010. "Housing supply price elasticities revisited: Evidence from international, national, local and company data," Journal of Housing Economics, Elsevier, vol. 19(4), pages 255-268, December.
  10. Paul Cheshire & Stephen Sheppard, 2005. "Introducing Price Signals into Land Use Planning Decision-making - a Proposal," ERSA conference papers ersa05p42, European Regional Science Association.
  11. Paul Cheshire & Stephen Sheppard, 2004. "The Introduction of Price Signals into Land Use Planning," Urban/Regional 0410002, EconWPA.
  12. P. C. Cheshire & Stephen Charles Sheppard, 2005. "The introduction of price signals into land use planning decision-making : a proposal," LSE Research Online Documents on Economics 568, London School of Economics and Political Science, LSE Library.
  13. Pryce, Gwilym & White, Michael, 1999. "Contiguous land use as a driver for land allocation," ERSA conference papers ersa99pa041, European Regional Science Association.
  14. Paul Cheshire & Gerard Dericks, 2013. "Regulation, Rents and ?Iconic Design?: rent acquisition by design in the tightly constrained London office market," ERSA conference papers ersa13p1071, European Regional Science Association.

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