G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11146
DP11146 Game of zones: The political economy of conservation areas
Gabriel Ahlfeldt; Sevrin Waights; Nicolai Wendland
发表日期2016-03-02
出版年2016
语种英语
摘要We develop and test a simple theory of the conservation area designation process in which we postulate that the level of designation is chosen to comply with interests of local homeowners. Conservation areas provide benefits to local homeowners by reducing uncertainty regarding the future of their area. At the same time, the restrictions impose a cost by limiting the degree to which properties can be altered. In line with our model predictions we find that an increase in preferences for historic character by the local pop-ulation increases the likelihood of a designation, and that new designations at the margin are not associat-ed with significant house price capitalisation effects.
主题International Trade and Regional Economics ; Public Economics
关键词Designation Difference-in-differences England Gentrification Heritage Property value
URLhttps://cepr.org/publications/dp11146
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539961
推荐引用方式
GB/T 7714
Gabriel Ahlfeldt,Sevrin Waights,Nicolai Wendland. DP11146 Game of zones: The political economy of conservation areas. 2016.
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