Optimization of floor area ratio regulation in a growing city

B-Tier
Journal: Regional Science and Urban Economics
Year: 2009
Volume: 39
Issue: 4
Pages: 502-511

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

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

Abstract

Maximum floor area ratio (FAR) regulation is widely imposed in cities to mitigate negative population externalities (e.g. congestion). This paper presents determination of optimal FAR regulation in a two-zone city with a growing population. Results show the following. 1) Maximum FAR regulation alone is generally insufficient. It should be accompanied by minimum FAR regulation in one zone. 2) Optimal regulation at a particular time depends on expected changes in zonal populations over the longest replacement time among newly built buildings at that time. 3) Zonal optimal FAR is expected to vary with time, which might even necessitate replacement of maximum FAR with minimum FAR, and vice versa.

Technical Details

RePEc Handle
repec:eee:regeco:v:39:y:2009:i:4:p:502-511
Journal Field
Urban
Author Count
2
Added to Database
2026-01-25