JUE Insight: Measuring the Stringency of Land Use Regulation Using a Shadow Price Approach

A-Tier
Journal: Journal of Urban Economics
Year: 2023
Volume: 133
Issue: C

Score contribution per author:

4.022 = (α=2.01 / 1 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I propose a shadow price approach to measuring the stringency of land use regulation. A regulation is considered more restrictive if the land developer is willing to pay a larger amount for a marginal relaxation of the regulation. I show that existing theory-based measures of land use stringency are either equivalents or variations of this shadow price measure. Using data from China, I demonstrate that it is possible to compare the stringency of two kinds of land use regulation, a key advantage of this shadow price approach.

Technical Details

RePEc Handle
repec:eee:juecon:v:133:y:2023:i:c:s0094119022000389
Journal Field
Urban
Author Count
1
Added to Database
2026-01-29