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Estimating Effects of an Urban Growth Boundary on Land Development

  • Cho, Seong-Hoon
  • Chen, Zhuo
  • Yen, Steven T.
  • Eastwood, David B.

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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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
Contact details of provider: Web page: http://www.saea.org/jaae/jaae.htm
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  1. Dubois, Pierre, 2002. "Moral hazard, land fertility and sharecropping in a rural area of the Philippines," Journal of Development Economics, Elsevier, vol. 68(1), pages 35-64, June.
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