TY - GEN AU - Evans, Alan W. TI - Economics and land use planning SN - 9781405118613 U1 - 333.7 PY - 2004/// CY - Oxford PB - Blackwell publishing KW - N1 - CONTENTS Preface xi 1 Introduction 1 What is planning? 1 Prediction or control 4 Professional or political? 7 What ought planning to be: an economic viewpoint 9 2 Market Failure and Welfare Economics - A Justification for Intervention 13 Introduction 13 The analysis of external diseconomies 16 Politics and the distribution of welfare 20 3 Evaluation and Planning 23 Introduction 23 Cost-benefit analysis 24 The valuation of social costs and benefits 26 PBSA/CIA/CIE 29 Alternative non-economic approaches 31 Economic evaluation and political choice 34 4 Controlling the Density of Development 37 Introduction 37 Residential density controls 38 Control of office floor space 42 Conclusion 46 5 Zoning and Conservation 49 Introduction 49 Zoning 50 Heritage, historic districts and conservation 55 Conclusions 58 6 Green Belts, Growth Controls and Urban Growth Boundaries 59 Introduction 59 The economics of a green belt 60 Green belts in Britain 62 The green belt in South Korea 67 Growth controls and urban growth boundaries in the USA 69 Evaluation 72 Conclusions 73 7 Planning and the Land Market 75 Introduction 75 Ricardian theory 76 An alternative (neoclassical) view 79 The supply of land for a particular use 82 Conclusions 87 8 The Division of the Spoils: Profits, Planning Gain, Premium Seeking and Taxation 89 Introduction 89 A diagrammatic analysis 90 The beneficiaries 93 Planning gain, premium seeking and probability 103 Planning gain, premium seeking and welfare 108 Conclusions 110 9 Impact Fees 111 Introduction 111 Impact fees in theory and practice 112 Distributional effects 114 Impact fees in the United Kingdom 117 Developer contributions and environmental impact fees 119 Summary and conclusions 123 10 The Economic Consequences of Higher Land Values 125 Introduction 125 Land use policies and land prices 126 Adjustment in the housing market 131 Commercial and other uses 139 Factor price equalisation 143 Conclusions 145 11 The Macroeconomic Effects of Planning Constraints 147 Introduction 147 The elasticity of supply of housing and economic booms and slumps 147 Housing land availability in Britain 150 The rate of saving and price of housing and property 153 Cities, growth and agglomeration economies 155 Competitiveness 158 Conclusions 160 12 Methods of Planning 163 Introduction 163 Controls and taxes 163 The degree of control of detail 170 The supply of land by government 176 Conclusions 180 13 Politics, Public Choice and Political Economy 183 Introduction 183 Economics, the regulator and the regulated 184 The farming industry and the rural population 186 Public participation, public choice 188 Economic welfare and the planning system 192 Sustainability 194 In conclusion 196 References 199 Index 207 ER -