A COMMENT ON ZONING, RETURNS TO SCALE, AND THE VALUE OF UNDEVELOPED LAND

被引：38

作者：

COLWELL, PF ^{[1
]}

SIRMANS, CF ^{[1
]}

机构：

[1] UNIV CONNECTICUT,STORRS,CT 06268

来源：

REVIEW OF ECONOMICS AND STATISTICS | 1993年 / 75卷 / 04期

关键词：

D O I：

10.2307/2110041

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper revisits the relationship between land value and parcel sizse. We demonstrate that, using a simple arbitrage equilibrium argument, the value-size relationship is convex (concave) whenever land assembly (subdivision) is possible. We also explore further the impact of zoning on market outcomes.

引用

页码：783 / 786

页数：4

共 50 条

[1] ZONING, RETURNS TO SCALE, AND THE VALUE OF UNDEVELOPED LAND
BROWNSTONE, D
DEVANY, A
[J]. REVIEW OF ECONOMICS AND STATISTICS, 1991, 73 (04) : 699 - 704
[2] THE MARKET EFFECTS OF ZONING UNDEVELOPED LAND - DOES ZONING FOLLOW THE MARKET
WALLACE, NE
[J]. JOURNAL OF URBAN ECONOMICS, 1988, 23 (03) : 307 - 326
[3] EFFECT OF ZONING ON LAND VALUE
OHLS, JC
WEISBERG, RC
WHITE, MJ
[J]. JOURNAL OF URBAN ECONOMICS, 1974, 1 (04) : 428 - 444
[4] RETURNS TO SCALE AND SCALE ELASTICITY - COMMENT
GIACOMETTI, M
[J]. RIVISTA INTERNAZIONALE DI SCIENZE ECONOMICHE E COMMERCIALI, 1979, 26 (12): : 1189 - 1192
[5] RETURNS TO SCALE AND GROWTH - COMMENT
FINN, TJ
KADIYALA, KR
[J]. JOURNAL OF POLITICAL ECONOMY, 1971, 79 (02) : 366 - 366
[6] RETURNS TO SCALE AND COST CURVES - COMMENT
MCELROY, FW
[J]. SOUTHERN ECONOMIC JOURNAL, 1970, 37 (02) : 227 - 228
[7] Returns to Scale and the Spacing of Isoquants: Comment
McElroy, F. W.
[J]. AMERICAN ECONOMIC REVIEW, 1967, 57 (01): : 223 - 224
[8] URBAN LAND-VALUE FUNCTIONS WITH ENDOGENOUS ZONING
MCMILLEN, DP
MCDONALD, JF
[J]. JOURNAL OF URBAN ECONOMICS, 1991, 29 (01) : 14 - 27
[9] RETURNS TO SCALE AND AVERAGE COST CURVE - COMMENT
FORSUND, FR
[J]. SWEDISH JOURNAL OF ECONOMICS, 1971, 73 (02): : 259 - 260
[10] IRRELEVANCE OF RETURNS TO SCALE IN SRAFFAS ANALYSIS - COMMENT
LEVINE, AL
[J]. JOURNAL OF ECONOMIC LITERATURE, 1977, 15 (01) : 70 - 72

← 1 2 3 4 5 →