| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP14546
|
| DP14546 The Welfare Effects of Greenbelt Policy: Evidence from England |
| Hans Koster
|
| 发表日期 | 2020-03-31
|
| 出版年 | 2020
|
| 语种 | 英语
|
| 摘要 | I measure the economic effects of greenbelts that prohibit new construction beyond a predefined urban fringe and therefore act as urban growth boundaries. I focus on England, where 13% of the land is designated as greenbelt land. I estimate a quantitative general equilibrium model that includes amenities, housing construction, a traffic congestion externality, agglomeration forces, productivity and household location choices. To identify causal effects of greenbelt land, I construct counterfactual greenbelts, use greenbelt land in 1973, or focus on areas within a km of greenbelt boundaries. Greenbelt policy appears to generate positive amenity effects, but also strongly reduces housing supply. I find the greenbelts seem to increase welfare, as the equivalent income increase of workers is 0.3% and land rents increase by about 6.5%. Whether greenbelts benefit workers critically depends on the presence of spillovers and greenbelt amenities. |
| 主题 | International Trade and Regional Economics
; Public Economics
|
| 关键词 | Housing
Supply constraints
Greenbelts
Urban growth boundary
Open space
Gravity
|
| URL | https://cepr.org/publications/dp14546-0
|
| 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/543450
|
推荐引用方式
GB/T 7714 |
Hans Koster. DP14546 The Welfare Effects of Greenbelt Policy: Evidence from England. 2020.
|
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