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The Supply of Land

Author

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  • D.G. Wiltshaw

    (Department of Town & Country Planning, Trent Polytechnic, Nottingham, United Kingdom)

Abstract

The supply of land to a use may result from individual suppliers maximizing utility. As a consequence: the slope of the supply curve cannot be determined a priori; supply will be influenced by the distribution of non-land income; different tenure categories will behave according to the balance of substitution and welfare effects; compulsory purchase may be necessary to surmount individual preferences; and the effect of a development gains tax on change of use will depend upon the relation between the rate of tax, the tax base, and the supplier's compensating variation.

Suggested Citation

  • D.G. Wiltshaw, 1985. "The Supply of Land," Urban Studies, Urban Studies Journal Limited, vol. 22(1), pages 49-56, February.
    • Handle: RePEc:sae:urbstu:v:22:y:1985:i:1:p:49-56
    DOI: 10.1080/00420988520080051
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    References listed on IDEAS

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    1. Alan W. Evans, 1973. "The Economics of Residential Location," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-01889-5, December.
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    Cited by:

    1. van der Krabben, E., 1995. "Urban dynamics : A real estate perspective: An institutional analysis of the production of the built environment," Other publications TiSEM 0934260d-3fcc-4e5f-aa7c-5, Tilburg University, School of Economics and Management.
    2. Ay, Jean-Sauveur & Latruffe, Laure, 2013. "The Empirical Content of the Present Value Model: A survey of the instrumental uses of farmland prices," Working papers 157112, Factor Markets, Centre for European Policy Studies.
    3. Leledakis, K. & Goumas, T. & Samouilidis, J.-E., 1987. "Soft energy sources in regional energy systems: The case of the Cyclades," Energy, Elsevier, vol. 12(12), pages 1329-1332.
    4. vdr Krabben, E. & Lambooy, J.G., 1994. "An institutional economic approach to land and propterty markets: Urban dynamics and institutional change," Research Memorandum FEW 636, Tilburg University, School of Economics and Management.

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