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Impacts of Land Development Charges

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  • Andrew R. Watkins

Abstract

This paper analyzes the impacts of development charges on urban land development. The way in which the burden of a development charge is shared between land supplier, developer, and land consumer, as well as its impact on demand and on developer's profit, depends on a complex range of factors, including the elasticities of land supply and demand, the relationships between the development charge, the developer's fixed costs, and the raw land and developed land prices before charges are exacted. The policy implications of these findings are discussed.

Suggested Citation

  • Andrew R. Watkins, 1999. "Impacts of Land Development Charges," Land Economics, University of Wisconsin Press, vol. 75(3), pages 415-424.
    • Handle: RePEc:uwp:landec:v:75:y:1999:i:3:p:415-424
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    Cited by:

    1. Quigley, John M. & Swoboda, Aaron M., 2007. "The urban impacts of the Endangered Species Act: A general equilibrium analysis," Journal of Urban Economics, Elsevier, vol. 61(2), pages 299-318, March.
    2. Koetter, Theo & Sikder, Sujit Kumar & Weiss, Dominik, 2021. "The cooperative urban land development model in Germany - An effective instrument to support affordable housing," Land Use Policy, Elsevier, vol. 107(C).
    3. Quigley, John M. & Swoboda, Aaron, 2006. "A General Equilibrium Analysis of Land Use Restrictions and Residential Welfare," Berkeley Program on Housing and Urban Policy, Working Paper Series qt11k4p0vt, Berkeley Program on Housing and Urban Policy.
    4. John Anderson, 2005. "Taxes and Fees as Forms of Land Use Regulation," The Journal of Real Estate Finance and Economics, Springer, vol. 31(4), pages 413-427, December.
    5. Hugo Priemus & Erik Louw, 2002. "Recovery of land costs: a land policy instrument missing in the Netherlands?," European Journal of Housing Policy, Taylor and Francis Journals, vol. 2(2), pages 127-146.

    More about this item

    JEL classification:

    • R52 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Land Use and Other Regulations

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