Abstract

This paper uses a data-intensive computable general equilibrium (CGE) model of a medium-sized city with integrated commercial and residential land data to analyze changes to local land use regulations via changes in land supply elasticities on economic development measures (employment, household income, housing prices, and tax revenue) under various types of regional growth that originate from different local sectors. The CGE framework overcomes difficulties of econometric modeling in this area, namely, measurement consistency, impact isolation, and endogeneity issues. The results both link the sparse work in this area and provide a systematic analysis including marginal and total impacts.

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Additional Information

ISSN
1543-8325
Print ISSN
0023-7639
Pages
pp. 237-255
Launched on MUSE
2016-03-29
Open Access
No
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