IDEAS home Printed from https://ideas.repec.org/a/eee/lauspo/v146y2024ics0264837724002382.html
   My bibliography  Save this article

Urban inequality and the social function of land value capture: The credibility thesis, financing tools and planning in Latin America

Author

Listed:
  • Perez-Moreno, Oscar

Abstract

The use of Land Value Capture (LVC) tools in addressing urban inequality is a much-debated problem. A vital aspect of this problem is how the effectiveness of these tools could be measured. To this end, the article focuses on the credibility of LVC tools and assesses this in terms of the extent to which these instruments successfully embody the social function of property. The theoretical perspective of the credibility thesis could be a fruitful approach for understanding how LVC tools materialize (or not) the social function of property. Based on this, the article analyzes whether LVC tools arose endogenously from the interactions between social actors or whether they were exogenously imposed thereby generating the emergence of non-credible institutions. To deal with this complex issue, the article employs a broad qualitative and quantitative dataset (i.e. court cases, interviews, surveys, government/corporate statistics and textual materials), as well as integrated methods including the Conflict Analysis Model (CAM) to measure conflict intensity; the Formal, Actual and Targeted (FAT) Framework to identify actors’ perceptual divergences; and the Credibility Scales and Intervention (CSI) Checklist to relate credibility to desired policy effects. As a case-study, the paper examines LVC tools in a socio-economically skewed metropolis in South America: Medellín, Colombia.

Suggested Citation

  • Perez-Moreno, Oscar, 2024. "Urban inequality and the social function of land value capture: The credibility thesis, financing tools and planning in Latin America," Land Use Policy, Elsevier, vol. 146(C).
    • Handle: RePEc:eee:lauspo:v:146:y:2024:i:c:s0264837724002382
    DOI: 10.1016/j.landusepol.2024.107285
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264837724002382
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.landusepol.2024.107285?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Krul, Kees & Ho, Peter & Yang, Xiuyun, 2021. "Land titling as a conflict remedy or driver? Analyzing institutional outcomes through latent and manifest conflicts in China’s forest sector," Land Use Policy, Elsevier, vol. 100(C).
    2. Fan, Shengyue & Yang, Jinfei & Liu, Wenwen & Wang, He, 2019. "Institutional Credibility Measurement Based on Structure of Transaction Costs: A Case Study of Ongniud Banner in the Inner Mongolia Autonomous Region," Ecological Economics, Elsevier, vol. 159(C), pages 212-225.
    3. Goyal, Yugank & Choudhury, Pranab Ranjan & Ghosh, Ranjan Kumar, 2022. "Informal land leasing in rural India persists because it is credible," Land Use Policy, Elsevier, vol. 120(C).
    Full references (including those not matched with items on IDEAS)

    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. Groenewegen, John, 2022. "Institutional form (blueprints) and institutional function (process): Theoretical reflections on property rights and land," Land Use Policy, Elsevier, vol. 121(C).
    2. You, Heyuan & Zhang, Jinrong & Song, Yan, 2022. "Assessing conflict of farmland institutions using credibility theory: Implications for socially acceptable land use," Land Use Policy, Elsevier, vol. 112(C).
    3. Qian, Chen & Antonides, Gerrit & Heerink, Nico & Zhu, Xueqin & Ma, Xianlei, 2022. "An economic-psychological perspective on perceived land tenure security: Evidence from rural eastern China," Land Use Policy, Elsevier, vol. 120(C).
    4. Ho, Peter & Zevenbergen, Jaap & Tan, Rong, 2024. "The Credibility Thesis, a decade onwards: A review of the theoretical field, findings and future," Land Use Policy, Elsevier, vol. 146(C).
    5. Vatn, Arild, 2023. "The credibility thesis – A commentary from an original institutionalist position," Land Use Policy, Elsevier, vol. 131(C).
    6. Fan, Shengyue & He, Miao & Zhang, Tianyu & Huo, Yajing & Fan, Di, 2022. "Credibility measurement as a tool for conserving nature: Chinese herders’ livelihood capitals and payment for grassland ecosystem services," Land Use Policy, Elsevier, vol. 115(C).
    7. Chen, Huirong, 2022. "Linking institutional function with form: Distributional dynamics, disequilibrium, and rural land shareholding in China," Land Use Policy, Elsevier, vol. 120(C).
    8. Xu, Hongzhang & Pittock, Jamie & Daniell, Katherine, 2022. "‘Sustainability of what, for whom? A critical analysis of Chinese development induced displacement and resettlement (DIDR) programs," Land Use Policy, Elsevier, vol. 115(C).
    9. Sasu, Alexander & Javed, Arshad & Imran, Muhammad & Squires, Graham, 2024. "Land banking, land price and Ghana’s informal land markets: A relational complexity approach," Land Use Policy, Elsevier, vol. 141(C).
    10. Gupta, Priyanshu & Bhattacharya, Rajesh, 2024. "‘Go-No-Go’: Anticommons and Inter-ministerial conflict in India’s Forest and Mineral Governance," Land Use Policy, Elsevier, vol. 140(C).
    11. Goyal, Yugank & Choudhury, Pranab Ranjan & Ghosh, Ranjan Kumar, 2022. "Informal land leasing in rural India persists because it is credible," Land Use Policy, Elsevier, vol. 120(C).
    12. Shunran Wang & Fangping Rao & Xianlei Ma & Xiaoping Shi, 2022. "Farmland Dispute Prevention: The Role of Land Titling, Social Capital and Household Capability," Land, MDPI, vol. 11(10), pages 1-14, October.
    13. Guo-Hua Cao & Jing Zhang, 2021. "Is a sustainable loop of economy and entrepreneurial ecosystem possible? a structural perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 7002-7040, May.
    14. Cao, Yueming & Bai, Yunli & Sun, Mingxing & Xu, Xiangbo & Fu, Chao & Zhang, Linxiu, 2022. "Experience and lessons from the implementing of the latest Land Certificated Program in rural China," Land Use Policy, Elsevier, vol. 114(C).
    15. Wang, Weiye & Liu, Jinlong, 2022. "Lessons of government centralization and credibility: A qualitative case-study of administrative change in Jiuzhaigou Nature Reserve, China (1982–2018)," Land Use Policy, Elsevier, vol. 113(C).
    16. Ziqi Zhou & Yung Yau, 2021. "The Small Property Rights Housing Institution in Mainland China: The Perspective of Substitutability of Institutional Functions," Land, MDPI, vol. 10(9), pages 1-19, August.
    17. Ghorbani, Amineh & Ho, Peter & Bravo, Giangiacomo, 2021. "Institutional form versus function in a common property context: The credibility thesis tested through an agent-based model," Land Use Policy, Elsevier, vol. 102(C).
    18. Shengyue Fan & Xijing Luo & Peitao Han, 2023. "Conflict Resolution between Multi-Level Government and Farmers in Land Expropriation Based on Institutional Credibility Theory: Empirical Evidence from Shandong Province, China," Land, MDPI, vol. 12(4), pages 1-22, April.

    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:eee:lauspo:v:146:y:2024:i:c:s0264837724002382. 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: Joice Jiang (email available below). General contact details of provider: https://www.journals.elsevier.com/land-use-policy .

    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.