The welfare economics of land use planning

This paper presents an empirical methodology for the evaluation of the benefits and costs of land use planning. The technique is applied in the context of the Town and Country Planning System of the UK, and examines the gross and net benefits of land use regulation and their distribution across inco...

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Bibliographic Details
Published in:Journal of urban economics 2002-09, Vol.52 (2), p.242-269
Main Authors: Cheshire, Paul, Sheppard, Stephen
Format: Article
Language:English
Subjects:
Distribution of wealth
Economics
Land use
Land use regulation
Planning policy
Regulation
Urban economics
Urban planning
Urban policy
Urban studies
Wealth distribution
Welfare economics
Zoning
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Summary:This paper presents an empirical methodology for the evaluation of the benefits and costs of land use planning. The technique is applied in the context of the Town and Country Planning System of the UK, and examines the gross and net benefits of land use regulation and their distribution across income groups. The results show that the welfare and distributional impacts can be large.
ISSN:0094-1190
1095-9068
DOI:10.1016/S0094-1190(02)00003-7