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The Welfare Economics of Land Use Planning

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Abstract

This paper presents an empirical methodology for the evaluation of the benefits and costs of land use planning. The technique is applied in the context of the Town and Country Planning System of the UK, and examines the gross and net benefits of land use regulation and their distribution across income groups. The results show that the welfare and distributional impacts can be large.

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  • Paul Cheshire & Stephen Sheppard, 2001. "The Welfare Economics of Land Use Planning," Department of Economics Working Papers 2001-03, Department of Economics, Williams College.
    • Handle: RePEc:wil:wileco:2001-03
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    File URL: https://web.williams.edu/Economics/wp/SheppardcheshireWelfareEconLandUsePlanning.pdf
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    Cited by:

    1. David Brasington & Donald R. Haurin, 2006. "Educational Outcomes and House Values: A Test of the value added Approach," Journal of Regional Science, Wiley Blackwell, vol. 46(2), pages 245-268, May.

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