Economics and Land Use PlanningThe book's aim is to draw together the economics literature relating to planning and set it out systematically. It analyses the economics of land use planning and the relationship between economics and planning and addresses questions like: What are the limits of land use planning and the extent of its objectives?; Is the aim aesthetic?; Is it efficiency?; Is it to ensure equity?; Or sustainability?; And if all of these aims, how should one be balanced against another? |
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Page xii
... increasing my understanding of the system. The arguments have to be presented properly, however, and for their assistance in helping to smooth the rough edges from the arguments in this text I chiefly have to thank the students of the ...
... increasing my understanding of the system. The arguments have to be presented properly, however, and for their assistance in helping to smooth the rough edges from the arguments in this text I chiefly have to thank the students of the ...
Page 5
... increase. The birth rate duly rose and fell in the late 1940s but then rose continuously for nearly 20 years through to the mid-1960s. The resulting increase in the population was therefore not foreseen and neither was the consequential ...
... increase. The birth rate duly rose and fell in the late 1940s but then rose continuously for nearly 20 years through to the mid-1960s. The resulting increase in the population was therefore not foreseen and neither was the consequential ...
Page 6
... increase and incomes also increased. Social changes such as a substantially increased divorce rate resulted in many more smaller households being formed. Rising incomes and technological improvements brought car ownership within reach ...
... increase and incomes also increased. Social changes such as a substantially increased divorce rate resulted in many more smaller households being formed. Rising incomes and technological improvements brought car ownership within reach ...
Page 7
... increase which reduced the amount of land demanded and so ensured that demand equalled supply. Finally, following the Rogers report in 1999, the level of constraint came to be officially regarded as a virtue, as higher densities were ...
... increase which reduced the amount of land demanded and so ensured that demand equalled supply. Finally, following the Rogers report in 1999, the level of constraint came to be officially regarded as a virtue, as higher densities were ...
Page 17
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Contents
1 | |
2 Market Failure and Welfare Economics A Justification for Intervention | 13 |
3 Evaluation and Planning | 23 |
4 Controlling the Density of Development | 37 |
5 Zoning and Conservation | 49 |
6 Green Belts Growth Controls and Urban Growth Boundaries | 59 |
7 Planning and the Land Market | 75 |
8 The Division of the Spoils Profits Planning Gain Premium Seeking and Taxation | 89 |
9 Impact Fees | 111 |
10 The Economic Consequences of Higher Land Values | 125 |
11 The Macroeconomic Effects of Planning Constraints | 147 |
12 Methods of Planning | 163 |
13 Politics Public Choice and Political Economy | 183 |
References | 199 |
Index | 207 |
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Common terms and phrases
agricultural land amount of land application argued availability of land Britain British buildings central government centre chapter consequence construction costs and benefits deadweight loss decision demand curve demand for land density of development economists ensure environmental evidence example existing expected external diseconomies factor factor of production Figure firms greater green belt higher horizontal axis house prices impact fees income increase indicated industry intervention land for development land for housing land owners land prices land use planning land values less London lower maximise negative operation Pareto optimal planners planning constraints planning controls planning gain planning permission planning policy planning system political position possible premium seeking expenditure price of housing price of land proposal reasons rent rent seeking represented residential result sloping social costs South Korea southern England space supply of land urban area urban growth boundary urban sprawl vertical axis welfare economics zoning