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Article
Publication date: 1 January 1998

Malcolm O. Asadoorian

Zoning is typically deemed a negative‐sum game accompanied by a call for the establishment of a market for development rights. Using a formal one‐stage game of a typical zoning

Abstract

Zoning is typically deemed a negative‐sum game accompanied by a call for the establishment of a market for development rights. Using a formal one‐stage game of a typical zoning lottery, I demonstrate that zoning is not exclusively negative‐sum, but can also be positive‐sum, even with internalized social costs.

Details

Studies in Economics and Finance, vol. 19 no. 1/2
Type: Research Article
ISSN: 1086-7376

Article
Publication date: 10 June 2021

Jeffrey G. Robert and Velma Zahirovic-Herbert

The purpose of this paper is to evaluate the parcel-level impacts of the zoning change.

Abstract

Purpose

The purpose of this paper is to evaluate the parcel-level impacts of the zoning change.

Design/methodology/approach

Using hedonic regression and propensity score matching econometric techniques, this paper analyses single-family housing prices within Fulton County Georgia. This paper combines data on the parcel-level zoning changes with nearby housing sales transactions to study the potential externality effects because of rezoning induced by private parties.

Findings

The paper finds evidence of heterogeneous rezoning effects, depending upon the type of rezoning conducted. At a distance within 0.75 miles, housing prices appreciate by 8.31% when nearby privately initiated rezoning maintains the residential character of a neighbourhood. However, housing prices decline by 21.26% when residential housing zones are converted to non-residential housing zones. The negative influences of rezoning residential use to non-residential uses decline as distance increases.

Originality/value

The analysis provides quantitative information on the impact of rezoning on residential property prices. Planning officials and developers can use these results to assuage homeowner fears of potential negative housing price effects associated with rezoning.

Details

International Journal of Housing Markets and Analysis, vol. 15 no. 3
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 21 November 2022

Juana Du and Charles Krusekopf

This study aims to examine two innovation zones in China, including the Suzhou Industrial Park and Tianjin Eco-city, to gain a comprehensive understanding of city locations…

Abstract

Purpose

This study aims to examine two innovation zones in China, including the Suzhou Industrial Park and Tianjin Eco-city, to gain a comprehensive understanding of city locations attributes and its relationship to inward foreign direct investment (FDI) from multinational enterprises (MNEs) in innovation zones embedded in nonhub cities in China.

Design/methodology/approach

This research incorporates two site visits and in-depth interviews with 39 personnel working with innovation zones. Thematic analysis is used to analyze interview data and documents.

Findings

The results highlight that cities can use innovation zones as a strategy to build high scale knowledge community precincts to connect MNEs and other global actors. As an important institutional feature of city locations, innovation zones increase within-city connectivity and connect cities in global networks resulting in cross-city connectivity to attract FDI from MNEs. From a dynamic knowledge community perspective, this research also compares active and passive approaches toward building knowledge communities and identifies several elements of knowledge communities within innovation zones in China.

Research limitations/implications

The research results could be further explored in other institutional and economic contexts, to understand the interplay of city locations, FDI and innovation zones, and the dynamics of building knowledge communities.

Practical implications

This research has several implications for policymakers and administrators who work with municipal economic development and the development and enhancement of innovation zones. It offers recommendations for MNEs to consider where to make foreign investments and the advantages innovation zones may offer to support FDI.

Originality/value

This research contributes to the literature related to economic development and how nonhub cities can attract FDI and join global networks. It offers empirical insights drawn from two successful innovation zones located in nonhub cities in China.

Details

Competitiveness Review: An International Business Journal , vol. 33 no. 3
Type: Research Article
ISSN: 1059-5422

Keywords

Book part
Publication date: 4 July 2019

Gardenia Harris

This chapter examines the history and evolution of land use regulation in the United States. The economic effect and influence on neighborhood composition is considered. The work…

Abstract

This chapter examines the history and evolution of land use regulation in the United States. The economic effect and influence on neighborhood composition is considered. The work of political theorists Antonio Gramsci and Michel Foucault is utilized to analyze the practice of zoning in the United States. An overview of the Standard Zoning Enabling Act, which sets the foundation for zoning within the United States, is presented. Michel Foucault’s notion of “disciplinary power” and Gramsci’s theory of “environmental hegemony” are highlighted to elucidate how land use regulations have operated to enhance the social and economic status of some populations, while limiting the opportunities of others. The potential for changing land use polices is also discussed.

Details

Political Authority, Social Control and Public Policy
Type: Book
ISBN: 978-1-78756-049-9

Keywords

Article
Publication date: 15 September 2023

Kaili Wang, Ke Dong, Jiachun Wu and Jiang Wu

The purpose of this paper is to identify the historical trends and status of the national development of artificial intelligence (AI) from a nationwide perspective and to enable…

Abstract

Purpose

The purpose of this paper is to identify the historical trends and status of the national development of artificial intelligence (AI) from a nationwide perspective and to enable governments at different administrative levels to promote AI development through policymaking.

Design/methodology/approach

This paper analyzed 248 Chinese AI policies (36 issued by the state agencies and 212 by the regional agencies). Policy bibliometrics, policy instruments and network analysis were used to reveal the AI policy patterns. Three aspects were analyzed: the spatiotemporal distribution of issued policies, the policy foci and instruments of policy contents and the cooperation and citation among policy-issuing agencies.

Findings

Results indicate that Chinese AI development is still in the initial phase. During the policymaking processes, the state and regional policy foci have strong consistency; however, the coordination among state and regional agencies is supposed to be strengthened. According to the issuing time of AI policies, Chinese AI development is in accordance with the global situation and has witnessed unprecedented growth in the last five years. And the coastal provinces have issued more targeted policies than the middle and western provinces. Governments at the state and regional levels have emphasized familiar policy foci and played the role of policymakers, along with regional governments that also functioned as policy executors as well. According to the three-dimension instruments coding, the authors found an uneven structure of policy instruments at both levels. Furthermore, weak cooperation appears at the state level, while little cooperation is found among regional agencies. Regional governments cite state policies, thus leading to the formation of top-down diffusion, lacking bottom-up diffusion.

Originality/value

The paper contributes to the literature by characterizing policy patterns from both external attributes and semantic contents, thus revealing features of policy distribution, contents and agencies. What is more, this research analyzes Chinese AI policies from a nationwide perspective, which contributes to clarifying the overall status and multi-level relationships of policies. The findings also benefit the coordinated development of governments during further policymaking processes.

Details

Library Hi Tech, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0737-8831

Keywords

Article
Publication date: 22 August 2022

Jordan Ferreira

The intention of this work is to generate a tool to facilitate the visualization of urban parameters, critically discussing the current form of urban planning in Brazil and thus…

Abstract

Purpose

The intention of this work is to generate a tool to facilitate the visualization of urban parameters, critically discussing the current form of urban planning in Brazil and thus facilitate popular participation in decisions, considering that since 2001, it is foreseen by law that the elaboration processes of municipal urban plans in Brazil must have popular participation in order to be legitimized.

Design/methodology/approach

The method consists of three-dimensionally modeling the constructive potential within the lots, using the parameters of the Ribeirão das Neves city master plan (State of Minas Gerais, Brazil), using computer software, to predict the impact on landscape that the parameters generate and comparing different software programs.

Findings

With the proposed tool, it became clear that many of the city's parameters alone cannot reach the guidelines of the master plan, and the comparison of two software programs generated options for different local realities. It is a methodology that is able to provide excellent support for urban planning laws in Brazil to be more effective and less delayed.

Originality/value

The software was configured with a script developed by the Geoprocessing Laboratory of a university in Brazil and was used for the first time to completely analyze a municipal master plan for the metropolitan region of Belo Horizonte, generating a tool able to be used in master plans' review.

Details

International Journal of Building Pathology and Adaptation, vol. 42 no. 2
Type: Research Article
ISSN: 2398-4708

Keywords

Article
Publication date: 31 July 2009

Paul D. Gottlieb and Adesoji Adelaja

This paper aims to build a mathematical model to determine the price of an acre of developable land, whether it is part of a large open tract (farm) or a smaller residential…

Abstract

Purpose

This paper aims to build a mathematical model to determine the price of an acre of developable land, whether it is part of a large open tract (farm) or a smaller residential parcel that can legally be subdivided. The primary purpose of the model is to explore the effect of various minimum lot‐size regulations on the price of these two types of vacant land. The study also attempts to explain apparently conflicting findings that have recently appeared in empirical studies of “down‐zoning” in the states of Maryland and New Jersey.

Design/methodology/approach

The mathematical model of land value is based on principles of asset valuation under uncertainty at various locations within a metropolitan area. The price of an acre of land is modeled as the present value of a stream of indirect utility to homeowners, and economic rents to farmers, developers or landlords, depending on an endogenous date of development. The cases of New Jersey and Maryland are compared using parameterized simulations, with minimum lot size allowed to vary.

Findings

The simulations reconcile earlier empirical studies on Maryland and New Jersey. The observed absence of any price effect of down‐zoning in rural Maryland appears to be caused by the fact that development is not imminent there. In New Jersey, development is imminent virtually everywhere, and a high proportion of today's vacant land value is due to its development potential. This means that down‐zoning will typically lead to dramatic declines in vacant land value in New Jersey.

Research limitations/implications

The study relies on state averages, so its results should not be applied to particular parcels in Maryland or New Jersey. The study incorporates uncertainty in expected developer profits, but not in future political decisions.

Practical implications

By clarifying the context in which zoning changes will or will not lead to decline in a landowner's asset value, the study can inform legal and political debates over re‐zonings in the USA. Included in these debates is the claim that some re‐zonings violate the “takings” clause of the USA constitution.

Originality/value

The majority of papers on this subject are empirical, using a hedonic or an appraisal methodology. This paper provides a coherent theoretical model of per‐acre land prices under different levels of zoning restriction. It can be used for simulation or prediction with relatively few input parameters.

Details

Agricultural Finance Review, vol. 69 no. 2
Type: Research Article
ISSN: 0002-1466

Keywords

Book part
Publication date: 19 October 2016

Ernesto López-Morales

In 1975, private and social housing production in Chile started to become increasingly privatized, in parallel with capital switching into the secondary circuit due to severe…

Abstract

In 1975, private and social housing production in Chile started to become increasingly privatized, in parallel with capital switching into the secondary circuit due to severe deindustrialization of the country. Since then, housing demand has largely drawn on state housing subsidies aimed at middle- to low-income demand, but more recently, a growing financialized mortgage market has increased demand even further, enlarging the mortgage debt burden on Chilean households. Private housing producers achieve higher profits by increasing sales prices, whilst production costs are kept relatively stable by purchasing and developing the cheapest land available, both on the fringes and within the inner sectors of the main metropolitan areas, as a form of accumulation by dispossession in hitherto underexploited, non-commodified land. However, low purchase prices of land create housing unaffordability for numbers of original owner-residents who sell land to redevelopers but cannot then afford replacement accommodation given the soaring housing prices in the main metropolises. It is for this reason that some central areas become gentrified. Focusing on the case of high-rise redevelopment of inner-city areas in Santiago, Chile, this paper addresses the extent to which demand and private developers’ profits increase alongside the risks of a generalized growing level of household debt and the displacement of low-income communities from inner areas. The continuous expansion of the extremely privatized housing market of Santiago responds to the needs of capital expansion rather than to the people’s needs.

Abstract

Details

Urban Dynamics and Growth: Advances in Urban Economics
Type: Book
ISBN: 978-0-44451-481-3

Article
Publication date: 26 June 2019

Visar Hoxha and Fjolla Shala

The purpose of this paper is to study the benefits of construction of sustainable buildings and highlight the challenges of achieving sustainable buildings in Kosovo. The present…

Abstract

Purpose

The purpose of this paper is to study the benefits of construction of sustainable buildings and highlight the challenges of achieving sustainable buildings in Kosovo. The present paper not only focuses on social, economic and environmental benefits of the sustainable buildings viewed from the perspective of construction industry experts but also on the challenges that the construction industry in Kosovo faces in achieving sustainable buildings.

Design/methodology/approach

The present study uses a qualitative research method and semi-structured interviews as a research instrument. The present study interviews around 20 experts of real estate management, architecture, civil engineering and sustainability.

Findings

The present research finds that the citizens of Kosovo are not very well informed about the benefits of sustainable buildings due to lack of adequate promotion of such buildings. The present study finds that sustainable buildings from the view of construction professionals in Prishtina, Kosovo, have economic, social, and environmental benefits mainly in the form of energy savings, lower operational costs, reduction of pollution and CO2 emissions and better health and satisfaction of occupants. The challenges are mainly of economic, structural and organizational and regulatory character.

Research limitations/implications

The present study has great implications for the society and construction industry because it shows to the investors all the benefits of building and using sustainable buildings. The findings of the present study, to a certain extent, fill the gap of lack of information that the construction industry in Kosovo faces regarding the benefits and challenges of sustainable buildings. The construction industry, buyers and authorities can benefit from the present study since they can understand the benefits and challenges of sustainable buildings, which can encourage them to invest more in sustainable buildings.

Originality/value

The study is the first qualitative study about the perception of construction professionals in Prishtina, Kosovo, regarding the benefits and challenges of sustainable buildings.

Details

Facilities , vol. 37 no. 13/14
Type: Research Article
ISSN: 0263-2772

Keywords

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