The Limits to Growth Management
This paper reviews and critiques the growth management system in Montgomery County, Maryland with the intent of finding generalizable lessons. An overview of the twenty year old system is followed by an analysis of its consequences and implications. The system fails to provide effective price signals, rather relying on proactive command and control policies from the county government. Moreover the system fails to raise sufficient revenue for new infrastructure. The paper suggests that an alternative, reactive, approach, which links the threads of infrastructure financing and adequate public facilities by replacing quotas with a market based approach of cost-based prices, would be more equitable, efficient, and effective in implementing county goals.
|Date of creation:||1997|
|Date of revision:|
|Publication status:||Published in Environment and Planning b: Planning and Design 24: 689-707.|
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- Michael Elliott, 1981. "The Impact of Growth Control Regulations on Housing Prices in California," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 9(2), pages 115-133.
- repec:brs:ecchap:16 is not listed on IDEAS
- Katz, Lawrence F. & Rosen, Kenneth T., 1987.
"The Interjurisdictional Effects of Growth Controls on Housing Prices,"
3442758, Harvard University Department of Economics.
- Katz, Lawrence & Rosen, Kenneth T, 1987. "The Interjurisdictional Effects of Growth Controls on Housing Prices," Journal of Law and Economics, University of Chicago Press, vol. 30(1), pages 149-60, April.
- David Levinson & Ajay Kumar, 1994. "Operational Evidence of Changing Travel Patterns," Working Papers 199403, University of Minnesota: Nexus Research Group.
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