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Neighborhood spillover effects between rezoning and housing price

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  • S. Cho
  • J. Kim
  • R. Roberts
  • S. Kim

Abstract

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Suggested Citation

  • 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.
  • Handle: RePEc:spr:anresc:v:48:y:2012:i:1:p:301-319
    DOI: 10.1007/s00168-010-0401-9
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    References listed on IDEAS

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    1. Munneke, Henry J., 2005. "Dynamics of the urban zoning structure: An empirical investigation of zoning change," Journal of Urban Economics, Elsevier, vol. 58(3), pages 455-473, November.
    2. Rolleston, Barbara Sherman, 1987. "Determinants of restrictive suburban zoning: An empirical analysis," Journal of Urban Economics, Elsevier, vol. 21(1), pages 1-21, January.
    3. McMillen, Daniel P. & McDonald, John F., 1991. "A Markov Chain model of zoning change," Journal of Urban Economics, Elsevier, vol. 30(2), pages 257-270, September.
    4. Maser, Steven M & Riker, William H & Rosett, Richard N, 1977. "The Effects of Zoning and Externalities on the Price of Land: An Empirical Analysis of Monroe County, New York," Journal of Law and Economics, University of Chicago Press, vol. 20(1), pages 111-132, April.
    5. Jen-Jia Lin & Chi-Hau Hwang, 2004. "Analysis of property prices before and after the opening of the Taipei subway system," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 38(4), pages 687-704, December.
    6. Quigley, John M. & Rosenthal, Larry A., 2005. "The Effects of Land-Use Regulation on the Price of Housing: What Do We Know? What Can We Learn?," Berkeley Program on Housing and Urban Policy, Working Paper Series qt90m9g90w, Berkeley Program on Housing and Urban Policy.
    7. Lee, Lung-Fei, 1983. "Generalized Econometric Models with Selectivity," Econometrica, Econometric Society, vol. 51(2), pages 507-512, March.
    8. Brent L. Mahan & BStephen Polasky & Richard M. Adams, 2000. "Valuing Urban Wetlands: A Property Price Approach," Land Economics, University of Wisconsin Press, vol. 76(1), pages 100-113.
    9. Pogodzinski, J. M. & Sass, Tim R., 1994. "The theory and estimation of endogenous zoning," Regional Science and Urban Economics, Elsevier, vol. 24(5), pages 601-630, October.
    10. 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.
    11. Wallace, Nancy E., 1988. "The market effects of zoning undeveloped land: Does zoning follow the market?," Journal of Urban Economics, Elsevier, vol. 23(3), pages 307-326, May.
    12. Seong-Hoon Cho & Dayton M. Lambert & Roland K. Roberts, 2010. "Forecasting Open Space with a Two-Rate Property Tax," Land Economics, University of Wisconsin Press, vol. 86(2), pages 263-280.
    13. G. Donald Jud, 1980. "The Effects of Zoning on Single-Family Residential Property Values: Charlotte, North Carolina," Land Economics, University of Wisconsin Press, vol. 56(2), pages 142-154.
    14. McMillen, Daniel P. & McDonald, John F., 1991. "A simultaneous equations model of zoning and land values," Regional Science and Urban Economics, Elsevier, vol. 21(1), pages 55-72, May.
    15. Seong-Hoon Cho & Christopher D. Clark & William M. Park & Seung Gyu Kim, 2009. "Spatial and Temporal Variation in the Housing Market Values of Lot Size and Open Space," Land Economics, University of Wisconsin Press, vol. 85(1), pages 51-73.
    16. 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).
    17. Epple, Dennis & Romer, Thomas & Filimon, Radu, 1988. "Community development with endogenous land use controls," Journal of Public Economics, Elsevier, vol. 35(2), pages 133-162, March.
    18. Ohls, James C. & Weisberg, Richard Chadbourn & White, Michelle J., 1974. "The effect of zoning on land value," Journal of Urban Economics, Elsevier, vol. 1(4), pages 428-444, October.
    19. Wu, JunJie & Cho, Seong-Hoon, 2007. "The effect of local land use regulations on urban development in the Western United States," Regional Science and Urban Economics, Elsevier, vol. 37(1), pages 69-86, January.
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    Citations

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    Cited by:

    1. Kling, Hannah KM, 2020. "Land-Use Regulations As Exclusion: A GIS Analysis," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 50(1), February.
    2. Russ Kashian & Ronald Tittle & Summer Cliff, 2020. "The Impact of Density Rezoning in a Small College Town," The Journal of Real Estate Finance and Economics, Springer, vol. 61(2), pages 275-287, August.

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    More about this item

    Keywords

    C3; R2; R5;
    All these keywords.

    JEL classification:

    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • R5 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis

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