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Land price and development, a criticism to the logic of urbanization: a case study of urban space production in Timoteo, MG, Brazil

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  • Bernardo Alves Furtado

    (Cedeplar-UFMG)

Abstract

This brief essay aims to demonstrate the fundamental importance of the cost of producing and managing urban space from a developing country perspective. It also indicates, based upon vast literature, that the price of urban investments ends up to have an expelling trend to citizens away from the benefits which they cannot afford. This fact suggests a vice cycle in which the more the City invests the more expensive it becomes to its citizens who, helplessly, move out into unserviced neighborhoods. Furthermore, it analyses the production of space in a middle-sized city in Brazil based on parcel approval documents from the 1930s to the 1990s. It also uses Kevin Lynch’s city landscape theoretical framework to help interpret the evolution of urban space in Timoteo. This paper ends with some suggestions to the problem posed.

Suggested Citation

  • Bernardo Alves Furtado, 2005. "Land price and development, a criticism to the logic of urbanization: a case study of urban space production in Timoteo, MG, Brazil," Textos para Discussão Cedeplar-UFMG td258, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td258
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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20258.pdf
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    References listed on IDEAS

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    1. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64(5), pages 416-416.
    2. Hoyt, William H. & Rosenthal, Stuart S., 1997. "Household Location and Tiebout: Do Families Sort According to Preferences for Locational Amenities?," Journal of Urban Economics, Elsevier, vol. 42(2), pages 159-178, September.
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    Cited by:

    1. Levin, Mark (Левин, Марк), 2018. "Research of Economic Models of Innovations Aimed at Overcoming the Deficit of Natural Resources [Исследование Экономических Моделей Инноваций, Направленных На Преодоление Дефицита Природных Ресурсо," Working Papers 021803, Russian Presidential Academy of National Economy and Public Administration.

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    More about this item

    Keywords

    urban cost; urban dynamics; land price; city landscape; urban space.;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies

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