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Cited by 265

The DOI matches its Crossref record; 18 of the 18 references it cites were found in a registry or an index.

Land Use Regulation and Welfare

·2014·Econometrica
DOI 10.3982/ecta9823
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Abstract

We evaluate the effect of land use regulation on the value of land and on welfare. Our estimates are based on a decomposition of the effects of regulation into three components: an own-lot effect, which reflects the cost of regulatory constraints to the owner of a parcel; an external effect, which reflects the value of regulatory constraints on one's neighbors; a supply effect, which reflects the effect of regulated scarcity of developable land. Using this decomposition, we arrive at a novel strategy for estimating a plausibly causal effect of land use regulation on land value and welfare. This strategy exploits cross-border changes in development, prices, and regulation in regions near municipal borders. Our estimates suggest large negative effects of regulation on the value of land and welfare in these regions.

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Metadata

Venue
Econometrica
Publisher
The Econometric Society
Published
2014
Volume
82
Issue
4
Pages
1341-1403
ISSN
0012-9682 (ISSN-L)
DOI
10.3982/ecta9823
OpenAlex
W1933310288
Cited by
265
References
18
FWCI
40.98
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Land Use Regulation and Welfare. https://app.cochat.ai/papers/10.3982/ecta9823
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Land Use Regulation and Welfare. (2014). Econometrica. https://doi.org/10.3982/ecta9823

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.