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cc-by-nc-nd, (c) Hilber et al., 2010
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/116764

On the origins of land use regulations: theory and evidence from us metro areas

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We model residential land use constraints as the outcome of a political economy game between owners of developed and owners of undeveloped land. Land use constraints benefit the former group (via increasing property prices) but hurt the latter (via increasing development costs). More desirable locations are more developed and, as a consequence of political economy forces, more regulated. Using OLS as well as an IV approach that directly follows from our model we find strong and robust support for our predictions at the US metro area level. We conclude from our analysis that land use regulations are suboptimal.

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HILBER, Christian a. l., ROBERT-NICOUD, Frédéric. On the origins of land use regulations: theory and evidence from us metro areas. _IEB Working Paper 2010/33_. [consulta: 25 de febrer de 2026]. [Disponible a: https://hdl.handle.net/2445/116764]

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