An Econometric Analysis of Land Development with Endogenous Zoning
Zoning is a widely used tool to manage residential growth. Estimating the effect of zoning on development, however, is difficult because zoning can be endogenous in models of land conversion. We compare three econometric methods that account for selection bias in a model of land conversion: a jointly estimated probit-logit model, propensity score matching, and regression discontinuity. Our results suggest that not accounting for selection bias leads to erroneous estimates. After correcting for selection bias we find that zoning has no effect on a landowner’s decision to subdivide in a rural Wisconsin county.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Lewis, David J. & Provencher, Bill & Butsic, Van, 2009.
"The dynamic effects of open-space conservation policies on residential development density,"
Journal of Environmental Economics and Management,
Elsevier, vol. 57(3), pages 239-252, May.
- Lewis, David J. & Provencher, Bill & Butsic, Van, 2008. "The Dynamic Effects of Open-Space Conservation Policies on Residential Development Density," Staff Paper Series 522, University of Wisconsin, Agricultural and Applied Economics.
- Newburn, David A. & Berck, Peter, 2006.
"Modeling Suburban and Rural-Residential Development Beyond the Urban Fringe,"
Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series
qt8wr0b78r, Department of Agricultural & Resource Economics, UC Berkeley.
- David A. Newburn & Peter Berck, 2006. "Modeling Suburban and Rural-Residential Development Beyond the Urban Fringe," Land Economics, University of Wisconsin Press, vol. 82(4), pages 481-499.
- Newburn, David A. & Berck, Peter, 2006. "Modeling Suburban and Rural-Residential Development Beyond the Urban Fringe," 2006 Annual meeting, July 23-26, Long Beach, CA 21068, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Newburn, David A. & Berck, Peter, 2006. "Modeling suburban and rural residential development beyond the urban fringe," CUDARE Working Paper Series 1008R, University of California at Berkeley, Department of Agricultural and Resource Economics and Policy, revised May 2006.
- Nancy Bockstael, 2008. "An Empirical Examination of the Timing of Land Conversions in the Presence of Farmland Preservation Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(3), pages 613-626.
- Carmen Carri�n-Flores & Elena G. Irwin, 2004. "Determinants of Residential Land-Use Conversion and Sprawl at the Rural-Urban Fringe," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(4), pages 889-904.
- Justin McCrary, 2007. "Manipulation of the Running Variable in the Regression Discontinuity Design: A Density Test," NBER Technical Working Papers 0334, National Bureau of Economic Research, Inc.
- Elena G. Irwin, 2002. "Interacting agents, spatial externalities and the evolution of residential land use patterns," Journal of Economic Geography, Oxford University Press, vol. 2(1), pages 31-54, January.
- Antonio Bento & Charles Towe & Jacqueline Geoghegan, 2007. "The Effects of Moratoria on Residential Development: Evidence from a Matching Approach," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 89(5), pages 1211-1218.
When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:87:y:2011:iii:1:p:412-432. 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: ()
If references are entirely missing, you can add them using this form.