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- Title
Moderating urban sprawl: is there a balance between shared open space and housing parcel size?
- Authors
Cho, Seong-Hoon; Lambert, Dayton M.; Roberts, Roland K.; Kim, Seung Gyu
- Abstract
This article addresses the tradeoff between the values households’ place on shared open space and parcel size, and the implications for housing development policy. Marginal implicit prices of shared open space and single-family housing parcel size are estimated using geographically weighted regression corrected for spatial autocorrelation. The marginal rate of substitution (MRS) of shared open space for lot size is calculated for individual households. Defining target areas based on site-specific MRSs could provide policy makers with more accurate information for designing or updating location-specific land use policies in efforts to moderate urban sprawl.
- Subjects
URBAN growth; OPEN spaces; HOUSING development; LAND use; AUTOCORRELATION (Statistics)
- Publication
Journal of Economic Geography, 2010, Vol 10, Issue 5, p763
- ISSN
1468-2702
- Publication type
Article
- DOI
10.1093/jeg/lbp048