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A Property Rights Analysis of Urban Planning in Spain and UK

Author

Listed:
  • Shin S. Lee
  • Christopher J. Webster
  • Gonzalo Melián
  • Gabriel Calzada
  • Richard Carr

Abstract

This study compares urban planning and land management in Spain and the UK. Its purpose is to identify key differences in the legal bases for these activities in the two countries and to comment on the way in which the institutions that deliver them allocate property rights between the state and private organizations and individuals. In particular, we analyse the respective approaches to allocating rights to compensation and betterment value associated with land development, commenting on the efficiency and equity of each system and, in Coasian tradition, the influence the assignment of property rights has on municipal government behaviour.

Suggested Citation

  • Shin S. Lee & Christopher J. Webster & Gonzalo Melián & Gabriel Calzada & Richard Carr, 2013. "A Property Rights Analysis of Urban Planning in Spain and UK," European Planning Studies, Taylor & Francis Journals, vol. 21(10), pages 1475-1490, October.
    • Handle: RePEc:taf:eurpls:v:21:y:2013:i:10:p:1475-1490
    DOI: 10.1080/09654313.2012.722950
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    References listed on IDEAS

    as
    1. Barzel,Yoram, 1997. "Economic Analysis of Property Rights," Cambridge Books, Cambridge University Press, number 9780521597135, February.
    2. Chris Webster & Lawrence W.-C. Lai, 2003. "Property Rights, Planning and Markets," Books, Edward Elgar Publishing, number 2625.
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    Cited by:

    1. Yiming Wang & Michelle Baddeley, 2016. "The problem of land value betterment: a simplified agent-based test," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 57(2), pages 413-436, November.

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