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Land Use In Economic Theory: Principles And Prospects

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  • Brooks, Douglas H.

Abstract

Profit-maximizing behavior determines the rents that will be bid for a piece of land in an agricultural or urban context, and competition among potential users determines the resulting use of that land. Techniques recently developed in urban land use theory are shown to apply to agricultural land use as well, and can be particularly useful in studying land use change at the urban fringe. This report highlights the economic principles governing land use and ways in which they can be applied in current and future land use research.

Suggested Citation

  • Brooks, Douglas H., 1987. "Land Use In Economic Theory: Principles And Prospects," Staff Reports 277989, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:277989
    DOI: 10.22004/ag.econ.277989
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    References listed on IDEAS

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    1. Samuelson, Paul A, 1983. "Thunen at Two Hundred," Journal of Economic Literature, American Economic Association, vol. 21(4), pages 1468-1488, December.
    2. Henderson, J V, 1974. "The Sizes and Types of Cities," American Economic Review, American Economic Association, vol. 64(4), pages 640-656, September.
    3. Lee, Kyu Sik, 1982. "A model of intraurban employment location: An application to Bogota, Colombia," Journal of Urban Economics, Elsevier, vol. 12(3), pages 263-279, November.
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