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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/76699

    Title: Urban land policy and housing in an endogenously growing monocentric city
    Authors: Lin, Chu-Chia;Mai, C.-C.;Wang, P.
    Contributors: 經濟系
    Date: 2004-05
    Issue Date: 2015-07-20 17:37:08 (UTC+8)
    Abstract: We examine the long-run effects of urban land policy on housing investment/pricing and city development. Housing is introduced through a socially constant-returns household production technology with uncompensated positive neighborhood externalities. We prove the existence/uniqueness of and characterize the balanced growth spatial equilibrium. Both a control of the housing price at the urban fringe and a zoning policy that relaxes more-than-proportionately the floor area ratio in favor of locations toward the city center are growth-enhancing. The long-run rate of growth is unambiguously lower in a regime where zoning does not differentiate land-use intensity, compared to the conventional setup.
    Relation: Regional Science and Urban Economics, 34(3), 241-261
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1016/S0166-0462(03)00026-7
    DOI: 10.1016/S0166-0462(03)00026-7
    Appears in Collections:[經濟學系] 期刊論文

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