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Costs and Benefits of Land Use Regulations: A Theoretical Survey

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  • John McDonald
  • Daniel McMillen

Abstract

This article presents a survey of standard microeconomic models that are designed to be used in the cost-benefit analysis of local land use decisions at the individual parcel or block level. The models connect these policy decisions to outcomes in the urban land and labor markets so that costs and benefits can be measured.

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  • John McDonald & Daniel McMillen, 2003. "Costs and Benefits of Land Use Regulations: A Theoretical Survey," Journal of Real Estate Literature, Taylor & Francis Journals, vol. 11(2), pages 157-176, January.
    • Handle: RePEc:taf:rjelxx:v:11:y:2003:i:2:p:157-176
    DOI: 10.1080/10835547.2003.12090122
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