IDEAS home Printed from https://ideas.repec.org/a/cup/jagaec/v38y2006i02p287-298_02.html
   My bibliography  Save this article

Estimating Effects of an Urban Growth Boundary on Land Development

Author

Listed:
  • Cho, Seong-Hoon
  • Chen, Zhuo
  • Yen, Steven T.
  • Eastwood, David B.

Abstract

This study estimates the effects of an urban growth boundary (UGB) on land development decisions in Knox County, TN, using a heteroscedastic probit model. With combined effects of increased land development within the city boundary and decreased development within the UGB and the neighboring town of Farragut after the implementation of UGB, the UGB of Knox County has been successful in urban revitalization within the city boundary and discouraging urban sprawl. These UGB impacts may be related to the city government having the right to annex land parcels within the UGB without consent of land owners.

Suggested Citation

  • Cho, Seong-Hoon & Chen, Zhuo & Yen, Steven T. & Eastwood, David B., 2006. "Estimating Effects of an Urban Growth Boundary on Land Development," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 38(2), pages 287-298, August.
  • Handle: RePEc:cup:jagaec:v:38:y:2006:i:02:p:287-298_02
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1074070800022331/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Michael Howell‐Moroney, 2004. "What Are the Determinants of Open‐Space Ballot Measures? An Extension of the Research," Social Science Quarterly, Southwestern Social Science Association, vol. 85(1), pages 169-179, March.
    2. JunJie Wu & William G. Boggess, 2003. "Measuring Interactions among Urbanization, Land Use Regulations, and Public Finance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(4), pages 988-999.
    3. Dubois, Pierre, 2002. "Moral hazard, land fertility and sharecropping in a rural area of the Philippines," Journal of Development Economics, Elsevier, vol. 68(1), pages 35-64, June.
    4. M. Fletcher & P. Gallimore & J. Mangan, 2000. "Heteroscedasticity in hedonic house price models," Journal of Property Research, Taylor & Francis Journals, vol. 17(2), pages 93-108, January.
    5. J. Phillips & E. Goodstein, 2000. "Growth management and housing prices: the case of Portland, Oregon," Contemporary Economic Policy, Western Economic Association International, vol. 18(3), pages 334-344, July.
    6. Okmyung Biny & Stephen Polasky, 2004. "Effects of Flood Hazards on Property Values: Evidence Before and After Hurricane Floyd," Land Economics, University of Wisconsin Press, vol. 80(4).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wentao Niu & Ting Nie & Xiao Chen & Tianxi Wang & Jingyi Shi & Zhenzhen Xu & Hexiong Zhang, 2022. "Understanding the Corrective Effect of the Urban Growth Boundary Policy on Land Finance Dependence of Local Governments in China," IJERPH, MDPI, vol. 19(8), pages 1-31, April.
    2. Kehao Zhou & Ronghui Tan, 2022. "More Than Thirty Years of Environmentally Sensitive Area Loss in Wuhan: What Lessons Have We Learned from Urban Containment Policy?," Land, MDPI, vol. 11(8), pages 1-20, August.
    3. Kim, Seung Gyu & Cho, Seong-Hoon & Classen, Roger, 2012. "Exploring Spatially Heterogeneous Effect of Property Tax Scheme on Land Development," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124709, Agricultural and Applied Economics Association.
    4. Jiaojiao Luo & Wei Wang & Yuzhe Wu & Yi Peng & Linlin Zhang, 2021. "Analysis of an Urban Development Boundary Policy in China Based on the IAD Framework," Land, MDPI, vol. 10(8), pages 1-17, August.
    5. Dempsey, Judith A. & Plantinga, Andrew J., 2013. "How well do urban growth boundaries contain development? Results for Oregon using a difference-in-difference estimator," Regional Science and Urban Economics, Elsevier, vol. 43(6), pages 996-1007.
    6. Tan, Ronghui & Liu, Pengcheng & Zhou, Kehao & He, Qingsong, 2022. "Evaluating the effectiveness of development-limiting boundary control policy: Spatial difference-in-difference analysis," Land Use Policy, Elsevier, vol. 120(C).
    7. Jun Ren & Wei Zhou & Xuelu Liu & Liang Zhou & Jing Guo & Yonghao Wang & Yanjun Guan & Jingtian Mao & Yuhan Huang & Rongrong Ma, 2019. "Urban Expansion and Growth Boundaries in an Oasis City in an Arid Region: A Case Study of Jiayuguan City, China," Sustainability, MDPI, vol. 12(1), pages 1-21, December.
    8. Jae Hong Kim, 2013. "Measuring the Containment and Spillover Effects of Urban Growth Boundaries: The Case of the Portland Metropolitan Area," Growth and Change, Wiley Blackwell, vol. 44(4), pages 650-675, December.
    9. Tan, Ronghui & Xu, Shuxian, 2023. "Urban growth boundary and subway development: A theoretical model for estimating their joint effect on urban land price," Land Use Policy, Elsevier, vol. 129(C).
    10. Newburn, David A. & Berck, Peter, 2011. "Growth Management Policies for Exurban and Suburban Development: Theory and an Application to Sonoma County, California," Agricultural and Resource Economics Review, Cambridge University Press, vol. 40(3), pages 375-392, December.
    11. Haoying Han & Chen Huang & Kun-Hyuck Ahn & Xianfan Shu & Liyun Lin & Derong Qiu, 2017. "The Effects of Greenbelt Policies on Land Development: Evidence from the Deregulation of the Greenbelt in the Seoul Metropolitan Area," Sustainability, MDPI, vol. 9(7), pages 1-17, July.
    12. Marin V. Geshkov & Joseph S. DeSalvo, 2012. "The Effect Of Land-Use Controls On The Spatial Size Of U.S. Urbanized Areas," Journal of Regional Science, Wiley Blackwell, vol. 52(4), pages 648-675, October.
    13. Yuya Sasaki & Arthur Caplan, 2008. "Matching Heterogeneous Traders in Quantity-Regulated Markets," Computational Economics, Springer;Society for Computational Economics, vol. 31(4), pages 341-362, May.
    14. Callum Logan, 2013. "Valuing the Risk of Imperfect Information: Christchurch Earthquake," ERES eres2013_32, European Real Estate Society (ERES).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:rre:publsh:v:38:y:2008:i:1:p:29-44 is not listed on IDEAS
    2. Cho, Seong-Hoon & Bowker, James Michael & Park, William M., 2006. "Measuring the Contribution of Water and Green Space Amenities to Housing Values: An Application and Comparison of Spatially Weighted Hedonic Models," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(3), pages 1-23, December.
    3. S. Cho & J. Kim & R. Roberts & S. Kim, 2012. "Neighborhood spillover effects between rezoning and housing price," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(1), pages 301-319, February.
    4. Zhuo Chen & Seong-Hoon Cho & Neelam Poudyal & Roland K. Roberts, 2009. "Forecasting Housing Prices under Different Market Segmentation Assumptions," Urban Studies, Urban Studies Journal Limited, vol. 46(1), pages 167-187, January.
    5. Guilfoos, Todd & Walsh, Jason, 2023. "A hedonic study of New England dam removals," Ecological Economics, Elsevier, vol. 203(C).
    6. Tao Gu & Masayuki Nakagawa & Makoto Saito & Hisaki Yamaga, 2018. "Public Perceptions of Earthquake Risk and the Impact on Land Pricing: The Case of the Uemachi Fault Line in Japan," The Japanese Economic Review, Japanese Economic Association, vol. 69(4), pages 374-393, December.
    7. Allan Beltrán & David Maddison & Robert J. R. Elliott, 2018. "Assessing the Economic Benefits of Flood Defenses: A Repeat‐Sales Approach," Risk Analysis, John Wiley & Sons, vol. 38(11), pages 2340-2367, November.
    8. Shuangqing Sheng & Wei Song & Hua Lian & Lei Ning, 2022. "Review of Urban Land Management Based on Bibliometrics," Land, MDPI, vol. 11(11), pages 1-25, November.
    9. Ayala-Cantu, Luciano & Morando, Bruno, 2020. "Rental markets, gender, and land certificates: Evidence from Vietnam," Food Policy, Elsevier, vol. 94(C).
    10. Edward B. Barbier, 2016. "The Protective Value of Estuarine and Coastal Ecosystem Services in a Wealth Accounting Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 64(1), pages 37-58, May.
    11. Paul C. Cheshire & Christian A. L. Hilber, 2008. "Office Space Supply Restrictions in Britain: The Political Economy of Market Revenge," Economic Journal, Royal Economic Society, vol. 118(529), pages 185-221, June.
    12. John Landis & Vincent J. Reina, 2021. "Do Restrictive Land Use Regulations Make Housing More Expensive Everywhere?," Economic Development Quarterly, , vol. 35(4), pages 305-324, November.
    13. Mutlu, Asli & Roy, Debraj & Filatova, Tatiana, 2023. "Capitalized value of evolving flood risks discount and nature-based solution premiums on property prices," Ecological Economics, Elsevier, vol. 205(C).
    14. José-María Montero & Román Mínguez & Gema Fernández-Avilés, 2018. "Housing price prediction: parametric versus semi-parametric spatial hedonic models," Journal of Geographical Systems, Springer, vol. 20(1), pages 27-55, January.
    15. Dong Chen & Rongrong Liu & Maoxian Zhou, 2023. "Delineation of Urban Growth Boundary Based on Habitat Quality and Carbon Storage: A Case Study of Weiyuan County in Gansu, China," Land, MDPI, vol. 12(5), pages 1-17, May.
    16. Ying Fan & Kai-Uwe Kühn & Francine Lafontaine, 2017. "Financial Constraints and Moral Hazard: The Case of Franchising," Journal of Political Economy, University of Chicago Press, vol. 125(6), pages 2082-2125.
    17. O. Ashton Morgan & Stuart E. Hamilton, 2009. "Disentangling Access and View Amenities in Access-restricted Coastal Residential Communities," Working Papers 09-10, Department of Economics, Appalachian State University.
    18. Wisdom Akpalu & Mintewab Bezabih, 2015. "Tenure Insecurity, Climate Variability and Renting out Decisions among Female Small-Holder Farmers in Ethiopia," Sustainability, MDPI, vol. 7(6), pages 1-16, June.
    19. Daniel, Vanessa E. & Florax, Raymond J.G.M. & Rietveld, Piet, 2009. "Flooding risk and housing values: An economic assessment of environmental hazard," Ecological Economics, Elsevier, vol. 69(2), pages 355-365, December.
    20. Biljana Davidovska Stojanova & Branimir Jovanovic & Maja Kadievska Vojnovic & Gani Ramadani & Magdalena Petrovska, 2008. "Real Estate Prices In The Republic Of Macedonia," Working Papers 2008-03, National Bank of the Republic of North Macedonia.
    21. Deininger, Klaus & Jin, Songqing, 2007. "Land rental markets in the process of rural structural transformation : productivity and equity impacts in China," Policy Research Working Paper Series 4454, The World Bank.

    More about this item

    JEL classification:

    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
    • Q24 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Land
    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jagaec:v:38:y:2006:i:02:p:287-298_02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/aae .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.