Public open-space conservation under a budget constraint Public Deposited

http://ir.library.oregonstate.edu/concern/articles/pr76f5087

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  • This paper analyzes the fiscal and land value impacts of public open-space conservation in a budget-constrained city. It derives the necessary and sufficient conditions for open-space conservation to increase the level of municipal services and the total land value within the city. The theoretical results, together with the empirical evidence found in the literature, suggest that open-space conservation can increase the level of municipal services and total land value in a significant share of American cities even if it generates no amenities. Open space conservation will likely increase total land values and municipal services in metropolitan areas that have stringent land use regulations, high development densities, and relatively little open space, but will likely reduce municipal services and total land values in small, lightly regulated cities surrounded by rural land and fiscally constrained in providing essential public goods (H4, R3, Q2).
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  • Wu, J. (2014). Public open-space conservation under a budget constraint. Journal of Public Economics, 111, 96-101. doi:10.1016/j.jpubeco.2013.12.008
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  • description.provenance : Submitted by Erin Clark (erin.clark@oregonstate.edu) on 2014-07-09T16:41:06Z No. of bitstreams: 1 WuJunJieAppliedEconomicsPublicOpen-Space.pdf: 990473 bytes, checksum: d774d24b8d21fb3cadffcf2d1e22b3b7 (MD5)
  • description.provenance : Made available in DSpace on 2014-07-09T16:41:22Z (GMT). No. of bitstreams: 1 WuJunJieAppliedEconomicsPublicOpen-Space.pdf: 990473 bytes, checksum: d774d24b8d21fb3cadffcf2d1e22b3b7 (MD5) Previous issue date: 2014-03
  • description.provenance : Approved for entry into archive by Erin Clark(erin.clark@oregonstate.edu) on 2014-07-09T16:41:22Z (GMT) No. of bitstreams: 1 WuJunJieAppliedEconomicsPublicOpen-Space.pdf: 990473 bytes, checksum: d774d24b8d21fb3cadffcf2d1e22b3b7 (MD5)

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