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A behavior-driven agent-based model of exurban land market is used to assess the effectiveness of development tax on the control of leapfrog development. Acknowledging the stylized fact that land demand… Click to show full abstract
A behavior-driven agent-based model of exurban land market is used to assess the effectiveness of development tax on the control of leapfrog development. Acknowledging the stylized fact that land demand decreases while the supply increases along the urban-rural gradient, we show that development tax becomes ineffective when it limits the market competition on undeveloped land.
Keywords:
development tax;
development;
land;
land market
Journal Title: Land Use Policy
Year Published: 2020
Link to full text (if available)
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Journal Title: Land Use Policy
Year Published: 2020
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!