Politics In A Dynamic View Of Land-Use Regulations: Of Interest Groups And Homevoters

The nature of land-use regulation differs by type of jurisdiction. Regulatory politics at the local level is the major source of the dynamic consistency problem. Courts are reluctant to enforce the regulatory commitments of previous officials at all levels of government, but the alternative politica...

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Bibliographic Details
Published in:The journal of real estate finance and economics 2005-12, Vol.31 (4), p.397-403
Main Author: Fischel, William A
Format: Article
Language:English
Subjects:
Bureaucracy
Campaign contributions
Economic dynamics
Economic models
Expenditures
Farms
Government agencies
Interest groups
Jurisdiction
Land economics
Land use
Landowners
Local government
Political economy
Politics
Population
Public lands
Real estate market
Regulation
Regulatory policy
Studies
Voters
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Summary:The nature of land-use regulation differs by type of jurisdiction. Regulatory politics at the local level is the major source of the dynamic consistency problem. Courts are reluctant to enforce the regulatory commitments of previous officials at all levels of government, but the alternative political and reputation constraints on official promise-keeping are most problematic at the local level. Local majoritarianism presents the greatest challenge to attempts to improve the dynamic efficiency of land-use regulation. [PUBLICATION ABSTRACT]
ISSN:0895-5638
1573-045X
DOI:10.1007/s11146-005-3289-x