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Spatial Planning and Segmentation of the Land Market

Author

Listed:
  • Or Levkovich

    (VU University Amsterdam, the Netherlands)

  • Jan Rouwendal

    (VU University Amsterdam, the Netherlands)

Abstract

In this paper we provide evidence of segmentation of the Dutch land markets by spatial planning into three compartments referring to agricultural, industrial and residential use. We analyze transactions of ready-to-be developed land provided by the Dutch Land Register (Kadaster) and find that residential land is much more expensive than industrial land. We also compare the prices observed in these transactions with prices for agricultural land in the vicinity and find that agricultural land is much cheaper than residential and industrial land.

Suggested Citation

  • Or Levkovich & Jan Rouwendal, 2016. "Spatial Planning and Segmentation of the Land Market," Tinbergen Institute Discussion Papers 16-018/VIII, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20160018
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    References listed on IDEAS

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    More about this item

    Keywords

    land use policy; spatial planning; land prices;
    All these keywords.

    JEL classification:

    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
    • R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
    • R33 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Nonagricultural and Nonresidential Real Estate Markets

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