Cost‐Benefit Analysis of Local Land Use Allocation Decisions

McDonald, John F.

doi:10.1111/0022-4146.00217

Cited by 20 publications

(15 citation statements)

References 27 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…There have been many papers examining the qualities and competitiveness of land markets (Thorsnes & Simons, 1999;Nishimura, 1999) and different land uses (Johnston, Swallow, & Bauer 2002;McDonald, 2001). Some papers have focused on the best land use and the timing of development.…”

Section: Previous Studiesmentioning

confidence: 99%

Buyer-Type Effects in Conservation and Preservation Property Values

Winfree

McCluskey

Mittelhammer

2006

J Real Estate Finan Econ

View full text Add to dashboard Cite

Properties can be bought by government agencies, land trusts, or private entities for conservation and preservation purposes, such as farmland preservation, wildlife refuges, other conservation, and cultural and historical preservation. There is variation in the dollars paid per acre across properties and across buyer type. An option value model based on future potential land uses is used to explain much of this variation. The data used in our analysis is sales transactions data for conservation and preservation purposes from throughout the United States. We find that much of the value of conservation properties is derived from future potential land uses, including housing, timber, recreation, and conservation. We confirm that public versus private buyers value options differently, which makes sense from a public good point of view, if markets are thin. Copyright Springer Science + Business Media, LLC 2006Land value, Preservation property, Option values,

show abstract

Section: Previous Studiesmentioning

confidence: 99%

Buyer-Type Effects in Conservation and Preservation Property Values

Winfree

McCluskey

Mittelhammer

2006

J Real Estate Finan Econ

View full text Add to dashboard Cite

show abstract

“…Previously, a wide range of mathematical techniques were developed to examine economic, environmental and ecological impacts of various land-use actions, and thus aid decision makers in formulating effective land-use allocation policies (Collins and Barry, 1986;Mendoza, 1987;McDonald, 2001;Ligmann-Zielinska et al, 2008;Mitsova et al, 2011). For example, McDonald (2001) used a cost-benefit analysis method for the assessment of local land-use allocation decisions based on a sequence of microeconomic models (e.g., Cobb-Douglas Production Function). Ligmann-Zielinska et al (2008) examined the applicability of spatial optimization as a generative modeling technique for multiobjective sustainable land-use allocation in a town of the state of Washington, where spatial optimization was used to generate a number of compromise spatial alternatives that are feasible and different from each other.…”

Section: Introductionmentioning

confidence: 99%

A hybrid inexact optimization model for land-use allocation of China

et al. 2014

View full text Add to dashboard Cite

Land scarcity has become the prominent obstacle on the way to sustainable development for China. Under the constraints of land shortage, how to allocate the finite land resources to the multiple land users in China considering various political, environmental, ecological and economic conditions have become research topics with great significance. In this study, an interval fuzzy national-scale land-use model (IFNLM) was developed for optimizing land systems of China. IFNLM is based on an integration of existing interval linear programming (ILP), and fuzzy flexible programming (FFP) techniques. IFNLM allows uncertainties expressed as discrete interval values and fuzzy sets to be incorporated within a general optimization framework. It can also facilitate national-scale land-use planning under various environmental, ecological, social conditions within a multi-period and multi-option context. Then, IFNLM was applied to a real case study of land-use planning in China. The satisfaction degree of environmental constraints is between 0.69 and 0.97, the system benefit will between 198.25 × 10 12 USD and 229.67 × 10 12 USD. The results indicated that the hybrid model can help generate desired policies for land-use allocation with a maximized economic benefit and minimized environmental violation risk. Optimized land-use allocation patterns can be generated from the proposed IFNLM. Keywords: land-use planning; uncertain model; interval linear programming (ILP); fuzzy flexible programming (FFP); environmental protection; interval fuzzy national-scale land-use model (IFNLM)

show abstract

“…One reason is that land use studies typically do not consider the connectedness of firm and household location decisions, while regional economic development studies rarely account for land (McDonald, 2001). Moreover, it appears that land use researchers think more at the micro-scale of neighborhoods (or intra-regional), while economic development researchers think more at the macro scale (or interregional).…”

Section: Introductionmentioning

confidence: 99%

Integrating Regional Economic Development Analysis and Land Use Economics

Partridge

Rickman

2013

Oxford Handbooks Online

View full text Add to dashboard Cite

Two largely separate literatures exist on regional economic development and land use economics. In this chapter, we argue that a full understanding of each of the two areas requires greater knowledge of their interrelationship. We review key studies of the two literatures, particularly those related to the close interconnectedness of regional economic development and land use. We contend that a critical shortcoming in the literatures is that key features that affect both land use and economic activity are typically not systematically considered. We then posit that the spatial equilibrium framework is especially suited for understanding the various feedback mechanisms that affect both. Also particularly promising are the increased availability of GIS and micro data, as well as recent methodological advances in empirical estimation and modeling.1

show abstract

Cost‐Benefit Analysis of Local Land Use Allocation Decisions

Cited by 20 publications

References 27 publications

Buyer-Type Effects in Conservation and Preservation Property Values

Buyer-Type Effects in Conservation and Preservation Property Values

A hybrid inexact optimization model for land-use allocation of China

Integrating Regional Economic Development Analysis and Land Use Economics

Contact Info

Product

Resources

About