Land use regulation and new construction

  title={Land use regulation and new construction},
This paper describes the relationship between land use regulation and residential construction. We characterize regulations as either adding explicit costs, uncertainty, or delays to the development process. The theoretical framework suggests that the effects on new construction vary by the type of regulation. Using quarterly data from a panel of 44 U.S. metropolitan areas between 1985 and 1996, we find that land use regulation lowers the level of the steady-state of new construction. Our… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.
47 Citations
48 References
Similar Papers


Publications referenced by this paper.
Showing 1-10 of 48 references

Why don’t we know more about housing supply

  • D. DiPasquale
  • Journal of Real Estate Finance and Economics
  • 1999
Highly Influential
4 Excerpts

Urban development with lags

  • A. Bar-Ilan, W. Strange
  • Journal of Urban Economics
  • 1996
Highly Influential
4 Excerpts

Do Growth Controls Matter? A Review of the Empirical Evidence on the Effectiveness and Efficiency of Local Government Land Use Regulation

  • W. Fischel
  • Lincoln Institute of Land Policy,
  • 1990
Highly Influential
5 Excerpts

What to do (and not to do) with time series cross-section data

  • N. Beck, J. N. Katz
  • American Political Science Review
  • 1995
Highly Influential
3 Excerpts

Regulation for Revenue: The Political Economy of Land Use Exactions

  • A. A. Altshuler, J. A. Gomez-Ibanez
  • Brookings Institute,
  • 1993
Highly Influential
3 Excerpts

Permits, starts, and completions: structural relationships vs. real options

  • C. J. Mayer, C. T. Somerville Reg
  • Sci. Urban Econ
  • 2000

Taxes , fees , and urban development

  • A. W. McFarlane
  • Journal of Urban Economics
  • 1999

A model of sequential investment

  • A. Bar-Ilan, W. Strange
  • Journal of Economic Dynamics and Control
  • 1998
1 Excerpt

Similar Papers

Loading similar papers…