Land use regulation and urban land value: Evidence from China
Author
Abstract
Suggested Citation
DOI: 10.1016/j.landusepol.2019.104432
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Patsy Healey, 2004. "The Treatment of Space and Place in the New Strategic Spatial Planning in Europe," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 28(1), pages 45-67, March.
- Shertzer, Allison & Twinam, Tate & Walsh, Randall P., 2018.
"Zoning and the economic geography of cities,"
Journal of Urban Economics, Elsevier, vol. 105(C), pages 20-39.
- Allison Shertzer & Tate Twinam & Randall P. Walsh, 2016. "Zoning and the Economic Geography of Cities," NBER Working Papers 22658, National Bureau of Economic Research, Inc.
- Allison Shertzer & Tate Twinam & Randall Walsh, 2016. "Zoning and the Economic Geography of Cities," Working Papers id:11331, eSocialSciences.
- Cai, Hongbin & Wang, Zhi & Zhang, Qinghua, 2017. "To build above the limit? Implementation of land use regulations in urban China," Journal of Urban Economics, Elsevier, vol. 98(C), pages 223-233.
- Albert Saiz, 2010. "The Geographic Determinants of Housing Supply," The Quarterly Journal of Economics, Oxford University Press, vol. 125(3), pages 1253-1296.
- Jackson, Kristoffer (Kip), 2018. "Regulation, land constraints, and California’s boom and bust," Regional Science and Urban Economics, Elsevier, vol. 68(C), pages 130-147.
- Xiaolu Gao & Yasushi Asami & Wataru Katsumata, 2006. "Evaluating Land-Use Restrictions concerning the Floor Area Ratio of Lots," Environment and Planning C, , vol. 24(4), pages 515-532, August.
- Rose Neng Lai & Ko Wang, 1999. "Land-Supply Restrictions, Developer Strategies and Housing Policies: The Case in Hong Kong," International Real Estate Review, Global Social Science Institute, vol. 2(1), pages 143-159.
- Hui Wang & Ran Tao & Juer Tong, 2009. "Trading Land Development Rights under a Planned Land Use System: The “Zhejiang Model”," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 17(1), pages 66-82, January.
- Mayer, Christopher J. & Somerville, C. Tsuriel, 2000.
"Land use regulation and new construction,"
Regional Science and Urban Economics, Elsevier, vol. 30(6), pages 639-662, December.
- Christopher J. Mayer & C. Tsuriel Somerville, "undated". "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.
- Blundell, Richard & Bond, Stephen, 1998.
"Initial conditions and moment restrictions in dynamic panel data models,"
Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
- R Blundell & Steven Bond, "undated". "Initial conditions and moment restrictions in dynamic panel data model," Economics Papers W14&104., Economics Group, Nuffield College, University of Oxford.
- Blundell, R. & Bond, S., 1995. "Initial Conditions and Moment Restrictions in Dynamic Panel Data Models," Economics Papers 104, Economics Group, Nuffield College, University of Oxford.
- Richard Blundell & Stephen Bond, 1995. "Initial conditions and moment restrictions in dynamic panel data models," IFS Working Papers W95/17, Institute for Fiscal Studies.
- Huang, Haifang & Tang, Yao, 2012.
"Residential land use regulation and the US housing price cycle between 2000 and 2009,"
Journal of Urban Economics, Elsevier, vol. 71(1), pages 93-99.
- Huang, Haifang & Tang, Yao, 2010. "Residential Land Use Regulation and the US Housing Price Cycle Between 2000 and 2009," Working Papers 2010-11, University of Alberta, Department of Economics, revised 01 Nov 2010.
- Liu, Yong & Fan, Peilei & Yue, Wenze & Song, Yan, 2018. "Impacts of land finance on urban sprawl in China: The case of Chongqing," Land Use Policy, Elsevier, vol. 72(C), pages 420-432.
- Dempsey, Judith A. & Plantinga, Andrew J., 2013. "How well do urban growth boundaries contain development? Results for Oregon using a difference-in-difference estimator," Regional Science and Urban Economics, Elsevier, vol. 43(6), pages 996-1007.
- Jackson, Kristoffer, 2016. "Do land use regulations stifle residential development? Evidence from California cities," Journal of Urban Economics, Elsevier, vol. 91(C), pages 45-56.
- Glaeser, Edward L & Gyourko, Joseph & Saks, Raven, 2005. "Why Is Manhattan So Expensive? Regulation and the Rise in Housing Prices," Journal of Law and Economics, University of Chicago Press, vol. 48(2), pages 331-369, October.
- Asabere, Paul K. & Huffman, Forrest E., 2001. "Building Permit Policy and Land Price Distortions: Empirical Evidence," Journal of Housing Economics, Elsevier, vol. 10(1), pages 59-68, March.
- G F Mulligan & A C Vias & S M Glavac, 1999. "Initial Diagnostics of a Regional Adjustment Model," Environment and Planning A, , vol. 31(5), pages 855-876, May.
- Capozza, Dennis R. & Helsley, Robert W., 1989. "The fundamentals of land prices and urban growth," Journal of Urban Economics, Elsevier, vol. 26(3), pages 295-306, November.
- Mark, Jonathan H. & Goldberg, Michael A., 1986. "A study of the impacts of zoning on housing values over time," Journal of Urban Economics, Elsevier, vol. 20(3), pages 257-273, November.
- David A. Newburn & Jeffrey S. Ferris, 2016. "The Effect of Downzoning for Managing Residential Development and Density," Land Economics, University of Wisconsin Press, vol. 92(2), pages 220-236.
- Quigley, John M. & Rosenthal, Larry A., 2005. "The Effects of Land-Use Regulation on the Price of Housing: What Do We Know? What Can We Learn?," Berkeley Program on Housing and Urban Policy, Working Paper Series qt90m9g90w, Berkeley Program on Housing and Urban Policy.
- Chengri Ding & Erik Lichtenberg, 2011. "Land And Urban Economic Growth In China," Journal of Regional Science, Wiley Blackwell, vol. 51(2), pages 299-317, May.
- Henry O. Pollakowski & Susan M. Wachter, 1990. "The Effects of Land-Use Constraints on Housing Prices," Land Economics, University of Wisconsin Press, vol. 66(3), pages 315-324.
- William Alonso, 1960. "A Theory Of The Urban Land Market," Papers in Regional Science, Wiley Blackwell, vol. 6(1), pages 149-157, January.
- Jan K. Brueckner, 2000. "Urban Sprawl: Diagnosis and Remedies," International Regional Science Review, , vol. 23(2), pages 160-171, April.
- Mingxing Liu & Ran Tao & Fei Yuan & Guangzhong Cao, 2008. "Instrumental land use investment-driven growth in China," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 13(3), pages 313-331.
- Ihlanfeldt, Keith R., 2007. "The effect of land use regulation on housing and land prices," Journal of Urban Economics, Elsevier, vol. 61(3), pages 420-435, May.
- Xiangzheng Deng & Jikun Huang & Scott Rozelle & Emi Uchida, 2010. "Economic Growth and the Expansion of Urban Land in China," Urban Studies, Urban Studies Journal Limited, vol. 47(4), pages 813-843, April.
- Sunding, David L. & Swoboda, Aaron M., 2010. "Hedonic analysis with locally weighted regression: An application to the shadow cost of housing regulation in Southern California," Regional Science and Urban Economics, Elsevier, vol. 40(6), pages 550-573, November.
- Liang, Wenquan & Lu, Ming & Zhang, Hang, 2016. "Housing prices raise wages: Estimating the unexpected effects of land supply regulation in China," Journal of Housing Economics, Elsevier, vol. 33(C), pages 70-81.
- Shishir Mathur, 2014. "Impact of Urban Growth Boundary on Housing and Land Prices: Evidence from King County, Washington," Housing Studies, Taylor & Francis Journals, vol. 29(1), pages 128-148, January.
- Kok, Nils & Monkkonen, Paavo & Quigley, John M., 2014. "Land use regulations and the value of land and housing: An intra-metropolitan analysis," Journal of Urban Economics, Elsevier, vol. 81(C), pages 136-148.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Michael Ball & Melek Cigdem & Elizabeth Taylor & Gavin Wood, 2014. "Urban Growth Boundaries and their Impact on Land Prices," Environment and Planning A, , vol. 46(12), pages 3010-3026, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jia, Mengyuan & Liu, Yan & Lieske, Scott N. & Chen, Tian, 2020. "Public policy change and its impact on urban expansion: An evaluation of 265 cities in China," Land Use Policy, Elsevier, vol. 97(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Gyourko, Joseph & Molloy, Raven, 2015.
"Regulation and Housing Supply,"
Handbook of Regional and Urban Economics, in: Gilles Duranton & J. V. Henderson & William C. Strange (ed.), Handbook of Regional and Urban Economics, edition 1, volume 5, chapter 0, pages 1289-1337,
Elsevier.
- Joseph Gyourko & Raven Molloy, 2014. "Regulation and Housing Supply," NBER Working Papers 20536, National Bureau of Economic Research, Inc.
- Jackson, Kristoffer, 2016. "Do land use regulations stifle residential development? Evidence from California cities," Journal of Urban Economics, Elsevier, vol. 91(C), pages 45-56.
- Ehrlich, Maximilian V. & Hilber, Christian A.L. & Schöni, Olivier, 2018.
"Institutional settings and urban sprawl: Evidence from Europe,"
Journal of Housing Economics, Elsevier, vol. 42(C), pages 4-18.
- Ehrlich, Maximilian V. & Hilber, Christian A. L. & Schöni, Olivier, 2018. "Institutional settings and urban sprawl: evidence from Europe," LSE Research Online Documents on Economics 86364, London School of Economics and Political Science, LSE Library.
- Molloy, Raven, 2020. "The effect of housing supply regulation on housing affordability: A review," Regional Science and Urban Economics, Elsevier, vol. 80(C).
- Bigelow, Daniel P. & Plantinga, Andrew J., 2017. "Town mouse and country mouse: Effects of urban growth controls on equilibrium sorting and land prices," Regional Science and Urban Economics, Elsevier, vol. 65(C), pages 104-115.
- Millar, Jonathan N. & Oliner, Stephen D. & Sichel, Daniel E., 2016.
"Time-to-plan lags for commercial construction projects,"
Regional Science and Urban Economics, Elsevier, vol. 59(C), pages 75-89.
- Stephen D. Oliner & Daniel E. Sichel & Jonathan N. Millar, 2012. "Time-to-plan lags for commercial construction projects," AEI Economics Working Papers 10343, American Enterprise Institute.
- Jonathan N. Millar & Stephen D. Oliner & Daniel E. Sichel, 2013. "Time-To-Plan Lags for Commercial Construction Projects," NBER Working Papers 19408, National Bureau of Economic Research, Inc.
- Jonathan N. Millar & Stephen D. Oliner & Daniel E. Sichel, 2012. "Time-to plan lags for commercial construction projects," Finance and Economics Discussion Series 2012-34, Board of Governors of the Federal Reserve System (U.S.).
- Jackson, Kristoffer (Kip), 2018. "Regulation, land constraints, and California’s boom and bust," Regional Science and Urban Economics, Elsevier, vol. 68(C), pages 130-147.
- Gluszak, Michal & Zygmunt, Robert, 2018. "Development density, administrative decisions, and land values: An empirical investigation," Land Use Policy, Elsevier, vol. 70(C), pages 153-161.
- Anthony Yezer & William Larson & Weihua Zhao, 2018. "An Examination of the Link between Urban Planning Policies and the High Cost of Housing and Labor," Working Papers 2018-6, The George Washington University, Institute for International Economic Policy.
- Bahadir, Berrak & Mykhaylova, Olena, 2014. "Housing market dynamics with delays in the construction sector," Journal of Housing Economics, Elsevier, vol. 26(C), pages 94-108.
- Oikarinen, Elias & Peltola, Risto & Valtonen, Eero, 2015.
"Regional variation in the elasticity of supply of housing, and its determinants: The case of a small sparsely populated country,"
Regional Science and Urban Economics, Elsevier, vol. 50(C), pages 18-30.
- Elias Oikarinen & Eero Valtonen, 2014. "Regional variation in the elasticity of supply of housing, and its determinants: The case of a small sparsely populated country," ERSA conference papers ersa14p1261, European Regional Science Association.
- Elias Oikarinen & Risto Peltola & Eero Valtonen, 2014. "Regional variation in the elasticity of supply of housing, and its determinants: The case of a small sparsely populated country," Discussion Papers 91, Aboa Centre for Economics.
- Paciorek, Andrew, 2013. "Supply constraints and housing market dynamics," Journal of Urban Economics, Elsevier, vol. 77(C), pages 11-26.
- Lima, Ricardo Carvalho de Andrade & Silveira Neto, Raul da Mota, 2019. "Zoning ordinances and the housing market in developing countries: Evidence from Brazilian municipalities," Journal of Housing Economics, Elsevier, vol. 46(C).
- Gottlieb, Paul D. & O’Donnell, Anthony & Rudel, Thomas & O’Neill, Karen & McDermott, Melanie, 2012. "Determinants of local housing growth in a multi-jurisdictional region, along with a test for nonmarket zoning," Journal of Housing Economics, Elsevier, vol. 21(4), pages 296-309.
- Tan, Ya & Wang, Zhi & Zhang, Qinghua, 2020. "Land-use regulation and the intensive margin of housing supply," Journal of Urban Economics, Elsevier, vol. 115(C).
- Miriam Hortas-Rico, 2015.
"Sprawl, Blight, And The Role Of Urban Containment Policies: Evidence From U.S. Cities,"
Journal of Regional Science, Wiley Blackwell, vol. 55(2), pages 298-323, March.
- Miriam Hortas Rico, 2013. "Sprawl, blight and the role of urban containment policies. Evidence from US cities," Working Papers 2013/2, Institut d'Economia de Barcelona (IEB).
- Quigley, John M. & Raphael, Steven & Rosenthal, Larry A., 2008. "Measuring Land-Use Regulations and Their Effects in the Housing Market," Berkeley Program on Housing and Urban Policy, Working Paper Series qt07t5d0q4, Berkeley Program on Housing and Urban Policy.
- Christian A. L. Hilber, 2019.
"Immobilienpreise und Immobilienzyklen und die Rolle von Angebotsbeschränkungen [The impact of local supply constraints on house prices and price dynamics],"
Zeitschrift für Immobilienökonomie (German Journal of Real Estate Research), Springer;Gesellschaft für Immobilienwirtschaftliche Forschung e. V., vol. 5(1), pages 37-65, November.
- Hilber, Christian A. L., 2019. "Immobilienpreise und immobilienzyklen und die rolle von angebotsbeschränkungen," LSE Research Online Documents on Economics 102977, London School of Economics and Political Science, LSE Library.
- David Christafore & Susane Leguizamon, 2015.
"Spatial Spillovers of Land Use Regulation in the United States,"
Housing Studies, Taylor & Francis Journals, vol. 30(3), pages 491-503, June.
- Christafore, David & Leguizamon, Susane, 2012. "Spatial spillovers of land use regulation in the United States," MPRA Paper 45072, University Library of Munich, Germany.
- Wang, Yuan & Hui, Eddie Chi-man, 2017. "Are local governments maximizing land revenue? Evidence from China," China Economic Review, Elsevier, vol. 43(C), pages 196-215.
More about this item
Keywords
Land use regulation; Land prices; Land supply; Floor area ratio; Urban growth;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:lauspo:v:92:y:2020:i:c:s0264837719310841. See general 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: (Joice Jiang). General contact details of provider: https://www.journals.elsevier.com/land-use-policy .
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 CitEc recognized a reference but did not link an item in RePEc 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 RePEc Author Service 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.