The effects of moratoria on residential development: Evidence from a matching approach

被引：23

作者：

Bento, Antonio ^{[1
]}

Towe, Charles

Geoghegan, Jacqueline

机构：

[1] Cornell Univ, Dept Appl Econ & Management, Ithaca, NY 14853 USA

[2] Univ Maryland, Dept Agr & Resource Econ, College Pk, MD 20742 USA

[3] Clark Univ, Dept Econ, Worcester, MA 01610 USA

来源：

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 2007年 / 89卷 / 05期

关键词：

D O I：

10.1111/j.1467-8276.2007.01086.x

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

An evaluation on the effects of the Adequate Public Facility Ordinance (APFO) has been conducted on new residential development in Howard County, Maryland. APFO has been used in some counties in Maryland in order to implement smart growth initiatives as the city is one of the fastest growing places in the US. In order to have an insight to the APFO, modern matching techniques has been used. A matching estimator has been used and the evaluation used a unique dataset for Howard County, Maryland. A class of estimators known as propensity score-matching estimators has been utilized. It was found that the APFO policy slowed new development in the two years after it has been enacted, or equivalent to about 355 new housing units.

引用

页码：1211 / 1218

页数：8

共 20 条

[1] The efficiency and distributional impacts of alternative anti-sprawl policies [J].

Bento, AM ;

Franco, SF ;

Kaffine, D .

JOURNAL OF URBAN ECONOMICS, 2006, 59 (01) :121-141

[2] Urban growth controls with resident landowners [J].

Brueckner, JK ;

Lai, FC .

REGIONAL SCIENCE AND URBAN ECONOMICS, 1996, 26 (02) :125-143

[3] GROWTH CONTROLS AND LAND VALUES IN AN OPEN CITY [J].

BRUECKNER, JK .

LAND ECONOMICS, 1990, 66 (03) :237-248

[4] STRATEGIC CONTROL OF GROWTH IN A SYSTEM OF CITIES [J].

BRUECKNER, JK .

JOURNAL OF PUBLIC ECONOMICS, 1995, 57 (03) :393-416

[5] Propensity score-matching methods for nonexperimental causal studies [J].

Dehejia, RH ;

Wahba, S .

REVIEW OF ECONOMICS AND STATISTICS, 2002, 84 (01) :151-161

[6] ON THE THEORY OF GROWTH CONTROLS [J].

ENGLE, R ;

NAVARRO, P ;

CARSON, R .

JOURNAL OF URBAN ECONOMICS, 1992, 32 (03) :269-283

[7]

FISCHEL W, 1990, DO GROWTH CONTROLS M

[8] Finite-sample properties of propensity-score matching and weighting estimators [J].

Frölich, M .

REVIEW OF ECONOMICS AND STATISTICS, 2004, 86 (01) :77-90

[9] Characterizing selection bias using experimental data [J].

Heckman, J ;

Ichimura, H ;

Smith, J ;

Todd, P .

ECONOMETRICA, 1998, 66 (05) :1017-1098

[10]

Heckman J., 1986, DRAWING INFERENCES S, P63, DOI DOI 10.1007/978-1-4612-4976-4_7

← 1 2 →