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Strategic Interaction and Spatial Multiplier Effects in Local Growth Control Policies: The California Housing Market AgEcon
Waldorf, Brigitte S.; Byun, Pillsung; Florax, Raymond J.G.M..
Since the 1970s, growth controls spread across many metropolitan regions in the United States. Several studies address the effects of local growth controls on housing markets, particularly its price effect, which is induced by rising construction cost, constrained housing supply, improved amenities, and market reorientation of homebuilders. However, only few studies explicitly address inter-jurisdictional spatial spillovers and strategic interaction of policy-makers of different jurisdictions in the design of growth control policies. This study focuses on two housing market outcomes, supply of new housing and market orientation, and utilizes a spatial econometric framework to systematically investigate local and global spatial spillovers giving rise to...
Tipo: Conference Paper or Presentation Palavras-chave: Spatial spillovers; Growth controls; Housing supply; Market orientation; Public Economics; C21; H23; H73; R31.
Ano: 2005 URL: http://purl.umn.edu/19574
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Discussion: Applications and Innovations in Spatial Econometrics AgEcon
LeSage, James P..
These articles provide a discussion of studies presented in a session on spatial econometrics, focusing on the ability of spatial regression models to quantify the magnitude of spatial spillover impacts. Both articles presented argue that a proper modeling of spatial spillovers is required to truly understand the phenomena under study, in one case the impact of climate change on land values (or crop yields) and in the second the role of regional industry composition on regional business establishment growth.
Tipo: Journal Article Palavras-chave: Lagged variables; Panel data; Spatial spillovers; Community/Rural/Urban Development; Environmental Economics and Policy; Resource /Energy Economics and Policy; C33; C51.
Ano: 2011 URL: http://purl.umn.edu/113519
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The effect of forest land use on the cost of drinking water supply: A spatial econometric analysis AgEcon
Abildtrup, Jens; Garcia, Serge; Stenger, Anne.
Forest land use is often associated with the protection of water resources from contamination and the reduced cost of drinking water supply. This study attempted to measure the value of the forest on the quality of water resources from a contingent market, namely drinking water supply, by estimating variations in drinking water costs as a function of variations in land uses. Spatial correlations were taken into account because of the use of different geographical scales (i.e., water service area and land uses) and the potential existence of organizational and technological spillovers between water services. We found a significant negative effect of forest land use on water costs. We found no evidence of spatial spillovers concerning the management regime...
Tipo: Presentation Palavras-chave: Water quality; Land uses; Forest; Water supply service; Spatial spillovers; Demand and Price Analysis; Land Economics/Use; Resource /Energy Economics and Policy; C21; Q23; Q25; R14.
Ano: 2011 URL: http://purl.umn.edu/120385
Registros recuperados: 3
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