Land-Use Regulations, Property Values, and Rents: Decomposing the Effects of the California Coastal Act
Author
Abstract
Suggested Citation
Note: Revised March 2018
Download full text from publisher
Other versions of this item:
- Severen, Christopher & Plantinga, Andrew J., 2018. "Land-use regulations, property values, and rents: Decomposing the effects of the California Coastal Act," Journal of Urban Economics, Elsevier, vol. 107(C), pages 65-78.
References listed on IDEAS
- Joseph G. Altonji & Todd E. Elder & Christopher R. Taber, 2005.
"Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools,"
Journal of Political Economy, University of Chicago Press, vol. 113(1), pages 151-184, February.
- Joseph G. Altonji & Todd E. Elder & Christopher R. Taber, 2000. "Selection on Observed and Unobserved Variables: Assessing the Effectiveness of Catholic Schools," NBER Working Papers 7831, National Bureau of Economic Research, Inc.
- Frech, H. III & Lafferty, Ronald N., 1984. "The effect of the California Coastal Commission on housing prices," Journal of Urban Economics, Elsevier, vol. 16(1), pages 105-123, July.
- Glaeser, Edward L. & Ward, Bryce A., 2009.
"The causes and consequences of land use regulation: Evidence from Greater Boston,"
Journal of Urban Economics, Elsevier, vol. 65(3), pages 265-278, May.
- Edward L. Glaeser & Bryce A. Ward, 2006. "The Causes and Consequences of Land Use Regulation: Evidence from Greater Boston," NBER Working Papers 12601, National Bureau of Economic Research, Inc.
- Christopher R. Cunningham, 2007. "Growth Controls, Real Options, and Land Development," The Review of Economics and Statistics, MIT Press, vol. 89(2), pages 343-358, May.
- Granziera, Eleonora & Kozicki, Sharon, 2015.
"House price dynamics: Fundamentals and expectations,"
Journal of Economic Dynamics and Control, Elsevier, vol. 60(C), pages 152-165.
- Eleonora Granziera & Sharon Kozicki, 2012. "House Price Dynamics: Fundamentals and Expectations," Staff Working Papers 12-12, Bank of Canada.
- 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.
- Serena Canaan & Pierre Mouganie, 2018. "Returns to Education Quality for Low-Skilled Students: Evidence from a Discontinuity," Journal of Labor Economics, University of Chicago Press, vol. 36(2), pages 395-436.
- Bester, C. Alan & Conley, Timothy G. & Hansen, Christian B., 2011. "Inference with dependent data using cluster covariance estimators," Journal of Econometrics, Elsevier, vol. 165(2), pages 137-151.
- Grout, Cyrus A. & Jaeger, William K. & Plantinga, Andrew J., 2011. "Land-use regulations and property values in Portland, Oregon: A regression discontinuity design approach," Regional Science and Urban Economics, Elsevier, vol. 41(2), pages 98-107, March.
- Joseph Fairchild & Jun Ma & Shu Wu, 2015. "Understanding Housing Market Volatility," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(7), pages 1309-1337, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Parkhomenko, Andrii, 2023. "Local causes and aggregate implications of land use regulation," Journal of Urban Economics, Elsevier, vol. 138(C).
- Nakajima, Kentaro & Takano, Keisuke, 2023.
"Estimating the effect of land use regulation on land price: At the kink point of building height limits in Fukuoka,"
Regional Science and Urban Economics, Elsevier, vol. 103(C).
- NAKAJIMA Kentaro & TAKANO Keisuke, 2021. "Estimating the Effect of Land Use Regulation on Land Price: At the kink point of building height limits in Fukuoka," Discussion papers 21088, Research Institute of Economy, Trade and Industry (RIETI).
- Molloy, Raven & Nathanson, Charles G. & Paciorek, Andrew, 2022. "Housing supply and affordability: Evidence from rents, housing consumption and household location," Journal of Urban Economics, Elsevier, vol. 129(C).
- Bieri, David S. & Kuminoff, Nicolai V. & Pope, Jaren C., 2023. "National expenditures on local amenities," Journal of Environmental Economics and Management, Elsevier, vol. 117(C).
- Pasquini, Ricardo A., 2021. "Effects of regulating the brokerage commission in the rental market: Evidence from Buenos Aires," Journal of Housing Economics, Elsevier, vol. 54(C).
- Koster, Hans R.A. & van Ommeren, Jos & Volkhausen, Nicolas, 2021.
"Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles,"
Journal of Urban Economics, Elsevier, vol. 124(C).
- Koster, Hans & van Ommeren, Jos & Volhausen, Nicolas, 2018. "Short-term rentals and the housing market: Quasi-experimental evidence from Airbnb in Los Angeles," CEPR Discussion Papers 13094, C.E.P.R. Discussion Papers.
- Guillaume Chapelle & J.B. Eyméoud & C. Wolf, 2023. "Land-use regulation and housing supply elasticity: evidence from France," THEMA Working Papers 2023-08, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Kulka. Amrita & Sood, Aradhya & Chiumenti, Nicholas, 2022.
"How to Increase Housing A ordability? Understanding Local Deterrents to Building Multifamily Housing,"
The Warwick Economics Research Paper Series (TWERPS)
1420, University of Warwick, Department of Economics.
- Nicholas Chiumenti & Amrita Kulka & Aradhya Sood, 2022. "How to Increase Housing Affordability: Understanding Local Deterrents to Building Multifamily Housing," Working Papers 22-10, Federal Reserve Bank of Boston.
- Ayşe İmrohoroğlu & Kai Zhao, 2022. "Homelessness," Working papers 2022-17, University of Connecticut, Department of Economics.
- Kulka. Amrita & Sood, Aradhya & Chiumenti, Nicholas, 2022. "How to Increase Housing A ordability? Understanding Local Deterrents to Building Multifamily Housing," CAGE Online Working Paper Series 635, Competitive Advantage in the Global Economy (CAGE).
- Xiaoyu Long & Luyao Wang & Weipeng Li, 2023. "Geographical Influences on Job–Housing Balance: A Study of Coastal Urban Areas in Boston," Sustainability, MDPI, vol. 15(22), pages 1-21, November.
- Francesco Angelini & Massimiliano Castellani & Pierpaolo Pattitoni, 2023. "You can’t export that! Export ban for modern and contemporary Italian art," European Journal of Law and Economics, Springer, vol. 56(3), pages 533-557, December.
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.- Solé-Ollé, Albert & Viladecans-Marsal, Elisabet, 2013.
"Do political parties matter for local land use policies?,"
Journal of Urban Economics, Elsevier, vol. 78(C), pages 42-56.
- Albert Solé-Ollé & Elisabet Viladecans-Marsal, 2012. "Do political parties matter for local land use policies?," Working Papers 2012/28, Institut d'Economia de Barcelona (IEB).
- Albert Solé-Ollé & Elisabet Viladecans Marsal, 2013. "Do Political Parties Matter for Local Land Use Policies?," CESifo Working Paper Series 4284, CESifo.
- Tirthatanmoy Das & Kabir Dasgupta, 2018. "Evaluating the Impact of Mothers' Self-esteem on Early Childhood Home Environment: Evidence from NLSY," Working Papers 2018-03 JEL Classificatio, Auckland University of Technology, Department of Economics, revised Oct 2019.
- Solé-Ollé, Albert & Viladecans-Marsal, Elisabet, 2012.
"Lobbying, political competition, and local land supply: Recent evidence from Spain,"
Journal of Public Economics, Elsevier, vol. 96(1), pages 10-19.
- Albert Solé-Ollé & Elisabet Viladecans-Marsal, 2010. "Lobbying, political competition, and local land supply: recent evidence from Spain," Working Papers 2010/45, Institut d'Economia de Barcelona (IEB).
- Albert Sole-Olle & Elisabet Viladecans-Marsal, 2010. "Lobbying, political competition, and local land supply: recent evidence from Spain," Working Papers in Economics 248, Universitat de Barcelona. Espai de Recerca en Economia.
- 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).
- Wrenn, Douglas H. & Irwin, Elena G., 2015. "Time is money: An empirical examination of the effects of regulatory delay on residential subdivision development," Regional Science and Urban Economics, Elsevier, vol. 51(C), pages 25-36.
- Baum-Snow, Nathaniel & Ferreira, Fernando, 2015.
"Causal Inference in Urban and Regional Economics,"
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 3-68,
Elsevier.
- Nathaniel Baum-Snow & Fernando Ferreira, 2014. "Causal Inference in Urban and Regional Economics," NBER Working Papers 20535, National Bureau of Economic Research, Inc.
- Carolina Caetano & Gregorio Caetano & Hao Fe & Eric R. Nielsen, 2021. "A Dummy Test of Identification in Models with Bunching," Finance and Economics Discussion Series 2021-068, Board of Governors of the Federal Reserve System (U.S.).
- Dantas, Raissa N.D. & Duarte, Gisleia & da Mota Silveira Neto, Raul & Sampaio, Breno, 2018. "Height restrictions and housing prices: A difference-in-discontinuity approach," Economics Letters, Elsevier, vol. 164(C), pages 58-61.
- Koster, Hans R.A. & van Ommeren, Jos & Rietveld, Piet, 2012. "Bombs, boundaries and buildings," Regional Science and Urban Economics, Elsevier, vol. 42(4), pages 631-641.
- Lange, Rutger-Jan & Teulings, Coen N., 2024. "Irreversible investment under predictable growth: Why land stays vacant when housing demand is booming," Journal of Economic Theory, Elsevier, vol. 215(C).
- 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.
- 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.
- Ogundari, Kolawole, 2021. "A systematic review of statistical methods for estimating an education production function," MPRA Paper 105283, University Library of Munich, Germany.
- Ryan Greenaway-McGrevy & Gail Pacheco & Kade Sorensen, 2018. "Land Use Regulation, the Redevelopment Premium and House Prices," Working Papers 2018-02 JEL Classificatio, Auckland University of Technology, Department of Economics.
- Xi Yang, 2021. "Land-Use Regulations and Urban Growth of African Americans," Economic Development Quarterly, , vol. 35(4), pages 338-350, November.
- Molloy, Raven & Nathanson, Charles G. & Paciorek, Andrew, 2022. "Housing supply and affordability: Evidence from rents, housing consumption and household location," Journal of Urban Economics, Elsevier, vol. 129(C).
- 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.
- 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.
- Tammy Leonard & Xi Yang & Lei Zhang, 2021. "The impact of land use regulation across the conditional distribution of home prices: an application of quantile regression for group-level treatments," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 66(3), pages 655-676, June.
More about this item
Keywords
land use regulations; housing prices; California Coastal Commission;All these keywords.
JEL classification:
- Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
- R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
- R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
- R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy
- R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGR-2017-10-15 (Agricultural Economics)
- NEP-GEO-2017-10-15 (Economic Geography)
- NEP-URE-2017-10-15 (Urban and Real Estate Economics)
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:fip:fedpwp:17-33. See general information about how to correct material in RePEc.
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 bibliographic 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Beth Paul (email available below). General contact details of provider: https://edirc.repec.org/data/frbphus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.