TRANSITION OF LAND TO URBAN USE

被引:89
作者
ARNOTT, RJ [1 ]
LEWIS, FD [1 ]
机构
[1] UNIV BRITISH COLUMBIA,VANCOUVER V6T 1W5,BC,CANADA
关键词
D O I
10.1086/260744
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the economics of the transition of land from rural to urban use. A simple model is employed to examine the developer's problem: when and at what density should vacant land be developed to maximize the present value of the land? A series of rules emerges from the analysis relating to the timing and density of new development. In the latter half of the paper, the rules are tested against recent Canadian experience and perform well.-Authors
引用
收藏
页码:161 / 169
页数:9
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