Urban planning policies and the cost of living in large cities

Using a numerical simulation model to provide a sterile laboratory for studying the long-run effects of both land use and transportation policies, this paper offers two main findings. First, the authors argue that land use regulations have relatively small effects on the cost of labor in large cities due to location substitution by housing producers and households. Second, the authors show the compensating differential paid to workers in growing cities is invariant with respect to land use regulation. In the long run, the vast majority of the costs of land use regulations are due to changes to the cost of commuting rather than housing.

• Record URL:
  https://doi.org/10.1016/j.regsciurbeco.2022.103802
• Record URL:
  http://www.sciencedirect.com/science/article/pii/S0166046222000424
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/01660462
• Supplemental Notes:
  • © 2022 Published by Elsevier B.V. Abstract reprinted with permission of Elsevier.
• Authors:
  • Larson, William
  • 0000-0003-0359-7538
  • Yezer, Anthony
  • 0000-0003-0194-5041
  • Zhao, Weihua
• Publication Date: 2022-9

Language

• English

Media Info

• Media Type: Web
• Features: References;
• Pagination: 103802
• Serial:
  • Regional Science and Urban Economics
  • Volume: 96
  • Issue Number: 0
  • Publisher: Elsevier
  • ISSN: 0166-0462
  • Serial URL: http://www.sciencedirect.com/science/journal/01660462

Subject/Index Terms

• TRT Terms: Costs; Housing; Land use; Large cities; Policy; Regulation; Zoning
• Subject Areas: Economics; Planning and Forecasting; Policy; Transportation (General);

Filing Info

• Accession Number: 01848478
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 13 2022 1:13PM