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Determinants of Urban Vacant Land

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  • Felipe Morandé
  • Alexandra Petermann
  • Miguel Vargas

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  • Felipe Morandé & Alexandra Petermann & Miguel Vargas, 2010. "Determinants of Urban Vacant Land," The Journal of Real Estate Finance and Economics, Springer, vol. 40(2), pages 188-202, February.
    • Handle: RePEc:kap:jrefec:v:40:y:2010:i:2:p:188-202
    DOI: 10.1007/s11146-008-9123-5
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    References listed on IDEAS

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    1. Hans R. Isakson, 1997. "An Empirical Analysis of the Determinants of the Value of Vacant Land," Journal of Real Estate Research, American Real Estate Society, vol. 13(2), pages 103-114.
    2. Ray M. Northam, 1971. "Vacant Urban Land in the American City," Land Economics, University of Wisconsin Press, vol. 47(4), pages 345-355.
    3. Jan K. Brueckner, 1990. "Growth Controls and Land Values in an Open City," Land Economics, University of Wisconsin Press, vol. 66(3), pages 237-248.
    4. William C. Wheaton, 1989. "On the use of the Financial Option Price Model to Value and Explain Vacant Urban Land," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(2), pages 159-160, June.
    5. James C. Ohls & David Pines, 1975. "Discontinuous Urban Development and Economic Efficiency," Land Economics, University of Wisconsin Press, vol. 51(3), pages 224-234.
    6. Train,Kenneth E., 2009. "Discrete Choice Methods with Simulation," Cambridge Books, Cambridge University Press, number 9780521747387.
    7. Daniel P. McMillen, 1989. "An Empirical Model of Urban Fringe Land Use," Land Economics, University of Wisconsin Press, vol. 65(2), pages 138-145.
    8. Robert E. Schenk, 1978. "A Theory of Vacant Urban Land," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 6(2), pages 153-163, June.
    9. David Geltner, 1989. "On the use of the Financial Option Price Model to Value and Explain Vacant Urban Land," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 17(2), pages 142-158, June.
    10. Titman, Sheridan, 1985. "Urban Land Prices under Uncertainty," American Economic Review, American Economic Association, vol. 75(3), pages 505-514, June.
    11. Chengri Ding, 2001. "An Empirical Model of Urban Spatial Development," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 13(3), pages 173-186, November.
    12. Cunningham, Christopher R., 2006. "House price uncertainty, timing of development, and vacant land prices: Evidence for real options in Seattle," Journal of Urban Economics, Elsevier, vol. 59(1), pages 1-31, January.
    13. Peiser, Richard B., 1987. "The determinants of nonresidential urban land values," Journal of Urban Economics, Elsevier, vol. 22(3), pages 340-360, November.
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    Cited by:

    1. Chich-Ping Hu & Tai-Shan Hu & Peilei Fan & Hai-Ping Lin, 2020. "The Urban Blight Costs in Taiwan," Sustainability, MDPI, vol. 13(1), pages 1-16, December.

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    More about this item

    Keywords

    Urban vacant land; Infill development; Categorical respond model; R14; C13; H23;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

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