2009
DOI: 10.1016/j.jeem.2008.11.001
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The dynamic effects of open-space conservation policies on residential development density

Abstract: a b s t r a c tRecent 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 residential land? A discrete-choice econometric model of lakeshore development is estimated with a unique parcel-level spatial-temporal dataset, using maximum simulated… Show more

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Cited by 59 publications
(40 citation statements)
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“…One possible reason for this finding might be that heterogeneous sorting behavior leads to the complementary relationship between the private lot and public open space. This is consistent with the findings by Lewis et al (2009) …”
Section: Boom-bust-recovery Periodssupporting
confidence: 94%
“…One possible reason for this finding might be that heterogeneous sorting behavior leads to the complementary relationship between the private lot and public open space. This is consistent with the findings by Lewis et al (2009) …”
Section: Boom-bust-recovery Periodssupporting
confidence: 94%
“…Ultimately, the lack of realistic fine-scale patterns is not an inherent limitation of econometric models. However, data limitations are the main reason why, to date, econometrically modeling fine-scale spatial effects has only been done with richly detailed parcel data sets for small regions such as U.S. counties (e.g., Irwin and Bockstael 2002, Newburn and Berck 2006, Lewis et al 2009, and not at the national scale. New data sets, such as the Land Cover Trends Data (Drummond and Loveland 2010) may overcome these data limitations though.…”
Section: Limitations Of Our Econometric Land-use Modelmentioning
confidence: 99%
“…More realistic simulation of fine-scale spatial patterns is the strength of parcel-level models, which are typically estimated from parcel-level data derived from localized sources such as county land information offices (e.g., Irwin and Bockstael 2002, Newburn and Berck 2006, Lewis et al 2009). Given that most parcel-level data sets can capture neighborhood effects, econometric models estimated from such data tend to incorporate much greater spatial detail.…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…Global, national, and region wide economic conditions are the largest drivers of aggregate land use change [12,13]. For the individual decision maker, however, local conditions-Including physical conditions of the land, the location of a given piece of land, and the nuanced preferences of the landowner can impact land use decisions [14,15]. Together, global and local drivers interact to create land use systems.…”
Section: Introductionmentioning
confidence: 99%