An economic theory of urban growth control
Article Abstract:
Engle, Navarro and Carson developed a theory of urban growth control based on exogenous residents' utility, which forced them to use a criterion of efficiency that is not ideal. The theory of urban growth control was expanded in the direction of endogenous residents' utility in a closed two-city economy. The results show that growth control policy is warranted only if there are size-related externalities in the urban growth process. If an urban growth policy model is necessary anyway, there should be an intervening policy on population allocation even before population growth happens.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1995
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Household mobility and the moderate leviathan efficiency and decentralization
Article Abstract:
Policymakers will seek internal and external market efficiency regardless of the number of regions under conditions of perfect household mobility. The inefficient use of resources by regional officials is traced to government failure in recognizing the positive contribution of increasing customer utility. Such examples indicate the negative impact of fiscal externalities in regional allocation settings.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1998
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Why oppose TDRs?: Transferable development rights can increase overall development
Article Abstract:
A partial equilibrium model shows that substituting a standard height zoning rule with transferable development rights (TDRs) can result in higher overall development. Challengers of marketable permit plans oftentimes fail to cite the possibility of greater harmful activity as the ethics of granting the property rights to polluters or developers is often the issue.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1997
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- Abstracts: Economic analyses of Industrial Research Institutes in developing countries: the Indian experience. Patenting of recombinant proteins: an analysis of tissue plasminogen activator (t-PA) in Europe, the United States and Japan
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