Urbanization under uncertainty and land use regulations : theory and estimation Public Deposited

http://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/n583xx39p

Descriptions

Attribute NameValues
Creator
Abstract or Summary
  • This dissertation consists of three papers on land use economics and policies. The first two papers focus primarily on local land use policies and urban development. The third paper addresses the question how environmental amenities affect households' residential choices in a metropolitan area. In the first paper, an option value approach is used to model land development decisions under uncertainty. A land use conversion model is estimated to examine the effect of land use regulations, benefit uncertainty, and other socioeconomic and spatial variables on urbanization and farmland development for counties in five western states (California, Idaho, Nevada, Oregon, and Washington). The empirical results confirm that risks associated with alternative land uses are important variables affecting land allocation. Agricultural zoning, state land use planning, and mandatory review of projects involving farmland conversion are most effective in controlling farmland development among all policies examined in this study. In the second paper, a theoretical model is developed to analyze the interactions among residential development, land use regulations, and public financial impacts (public expenditure and property tax). A simultaneous equations system with self-selection and discrete dependent variables is estimated to determine the interactions for counties in the five western states. The results show that county governments are more likely to impose land use regulations when facing rapid land development, high public expenditure and property tax. The land use regulations, in turn, decrease land development, long-run public expenditure, and property tax at the cost of higher housing prices and short-run property tax. The third paper examines equilibrium properties of local jurisdictions implied by the Tiebout-style model. A set of equilibrium conditions are derived from a general equilibrium model of local jurisdictions. The conditions are parameterized and empirically estimated in a two-stage procedure. The method is applied to communities in a Portland metropolitan area with an extension of public-good provision to include environmental amenities. The results suggest that the model can replicate many of the empirical regularities observed in the data. For example, the predicted income distributions across communities closely matched the observed distribution. The estimated income elasticity of housing demand is consistent with previous findings. One important finding of this paper is that the parameter estimates would be biased if environmental amenities are not considered.
Resource Type
Date Available
Date Copyright
Date Issued
Degree Level
Degree Name
Degree Field
Degree Grantor
Commencement Year
Advisor
Academic Affiliation
Non-Academic Affiliation
Subject
Rights Statement
Language
Digitization Specifications
  • File scanned at 300 ppi (Monochrome) using Capture Perfect 3.0.82 on a Canon DR-9080C in PDF format. CVista PdfCompressor 4.0 was used for pdf compression and textual OCR.
Replaces
Additional Information
  • description.provenance : Approved for entry into archive by Patricia Black(patricia.black@oregonstate.edu) on 2010-10-25T16:24:08Z (GMT) No. of bitstreams: 1 ChoSeongHoon2001.pdf: 961071 bytes, checksum: 895778aa8e43f0c2ac027a7a1188384a (MD5)
  • description.provenance : Made available in DSpace on 2010-10-25T16:25:43Z (GMT). No. of bitstreams: 1 ChoSeongHoon2001.pdf: 961071 bytes, checksum: 895778aa8e43f0c2ac027a7a1188384a (MD5)
  • description.provenance : Approved for entry into archive by Patricia Black(patricia.black@oregonstate.edu) on 2010-10-25T16:25:43Z (GMT) No. of bitstreams: 1 ChoSeongHoon2001.pdf: 961071 bytes, checksum: 895778aa8e43f0c2ac027a7a1188384a (MD5)
  • description.provenance : Submitted by Sara Mintonye (smscanner@gmail.com) on 2010-10-22T20:17:42Z No. of bitstreams: 1 ChoSeongHoon2001.pdf: 961071 bytes, checksum: 895778aa8e43f0c2ac027a7a1188384a (MD5)

Relationships

In Administrative Set:
Last modified: 08/08/2017

Downloadable Content

Download PDF
Citations:

EndNote | Zotero | Mendeley

Items