THE ECONOMICS OF LAND-ZONING

dc.creatorGoetz, Renan-Ulrich
dc.creatorZilberman, David
dc.date2017-04-01T20:11:52Z
dc.date.accessioned2026-07-09T03:37:07Z
dc.descriptionLand-use restrictions are frequently applied to separate polluting from non-polluting activities. In contrast to the existing literature, we incorporate spatial and intertemporal aspects of the problem simultaneously and determine the border of the zones endogenously. The results, based on a two-stage optimization method, show that non-spatially differentiated Pigouvian taxes on the final emissions are able to establish the socially optimal outcome. Second-best instruments alone, such as a spatially differentiated tax on inputs or outputs are not able to support the socially optimal outcome and need to be complemented by land-zoning or land-use taxes. We compare the efficiency of different spatial environmental policies such as land-use taxes or land zoning. The necessary changes required to transform a spatially optimal, yet static, environmental policy into an intertemporally and spatially optimal environmental policy are presented and discussed.
dc.identifierdoi:10.22004/ag.econ.21828
dc.identifierhttps://ageconsearch.umn.edu/record/21828/files/sp00go01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/21828
dc.identifier.urihttp://hdl.handle.net/123456789/536657
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/21828
dc.titleTHE ECONOMICS OF LAND-ZONING
dc.typeText

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