SPACE AND TIME: A COMPETING RISKS ANALYSIS OF THE IMPACT OF PROPERTY TAXES AND ZONING RESTRICTIONS ON RESIDENTIAL DEVELOPMENT.
Property taxes and zoning restrictions are prevalent tools for managing land use. We combine microlevel data on residential subdivision development from the Baltimore, Maryland, metro area from 1994 to 2007 with a competing risks model to examine how both policies influence the density and timing of...
| Publicado en: | International Economic Review Vol. 60; no. 3; pp. 1097 - 1131 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Aug2019
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=138151354&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 138151354 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00206598 IER jtl: International Economic Review issn: 00206598 maglogo: Y pubinfo: dt: Aug2019 vid: 60 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 138151354 10.1111/iere.12380 ppf: 1097 ppct: 34 formats: tig: atl: SPACE AND TIME: A COMPETING RISKS ANALYSIS OF THE IMPACT OF PROPERTY TAXES AND ZONING RESTRICTIONS ON RESIDENTIAL DEVELOPMENT. aug: au: Wrenn, Douglas H. Klaiber, H. Allen affil: Pennsylvania State University, U.S.A. The Ohio State University, U.S.A. su: Baltimore (Md.) Planned communities Property tax Competing risks Spacetime Risk assessment sug: subj: Planned communities Baltimore (Md.) Property tax Competing risks Spacetime Risk assessment ab: Property taxes and zoning restrictions are prevalent tools for managing land use. We combine microlevel data on residential subdivision development from the Baltimore, Maryland, metro area from 1994 to 2007 with a competing risks model to examine how both policies influence the density and timing of residential development. Consistent with theory, we demonstrate that the impact of both policies on optimal density and timing depends on whether density and time are substitutes or complements in the profit function. Our results have important implications as they provide key empirical insights into how property taxes and zoning interact to influence development patterns. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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