Estimating Effects of an Urban Growth Boundary on Land Development

Seong‐Hoon Cho · Zhuo Chen · Steven T. Yen · David B. Eastwood

29 citations0/0 files storedJournal of Agricultural and Applied Economics

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Local Governance and Planning Regional Economics and Spatial Analysis Urban Planning and Valuation

Abstract

This study estimates the effects of an urban growth boundary (UGB) on land development decisions in Knox County, TN, using a heteroscedastic probit model. With combined effects of increased land development within the city boundary and decreased development within the UGB and the neighboring town of Farragut after the implementation of UGB, the UGB of Knox County has been successful in urban revitalization within the city boundary and discouraging urban sprawl. These UGB impacts may be related to the city government having the right to annex land parcels within the UGB without consent of land owners.

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References

2001Econometric Analysis of Cross Section and Panel Data 2004Effects of Flood Hazards on Property Values: Evidence before and after Hurricane Floyd 1997Valuing Urban Wetlands: A Property Pricing Approach,2000Valuing Urban Wetlands: A Property Price Approach 1993Assessing urban growth management 2004What Are the Determinants of Open‐Space Ballot Measures? An Extension of the Research*

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2013How well do urban growth boundaries contain development? Results for Oregon using a difference-in-difference estimator

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