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| Lewis, David J.; Provencher, Bill; Butsic, Van. |
| Recent economic analyses emphasize that designated open-space increases the rents on neighboring residential land, and likewise, the probability of undeveloped land converting to residential uses. This paper addresses a different question: What is the effect of local open space conservation on the rate of growth in the density of existing residential land? The analysis is relevant for exurban development and also for remote lakeshore development, where shoreline development density can rapidly increase over time and open-space policies are often advocated as a way to protect ecosystems by reducing development. A discrete choice econometric model of lakeshore development is estimated with a unique parcel-level spatial-temporal dataset, using maximum... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; Land Economics/Use. |
| Ano: 2008 |
URL: http://purl.umn.edu/92199 |
