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Effects of development tax on leapfrog sprawl in a thinly traded land market

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  • Chen, Yong

Abstract

A behavior-driven agent-based model of exurban land market is used to assess the effectiveness of development tax on the control of leapfrog development. Acknowledging the stylized fact that land demand decreases while the supply increases along the urban-rural gradient, we show that development tax becomes ineffective when it limits the market competition on undeveloped land.

Suggested Citation

  • Chen, Yong, 2020. "Effects of development tax on leapfrog sprawl in a thinly traded land market," Land Use Policy, Elsevier, vol. 92(C).
  • Handle: RePEc:eee:lauspo:v:92:y:2020:i:c:s0264837719303540
    DOI: 10.1016/j.landusepol.2019.104420
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    More about this item

    Keywords

    Anti-sprawl; Agent-based model; Land use; Leapfrog; Development tax;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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