Landownership and Residential Land Use in Urban Economies: Existence and Uniqueness of the Equilibrium

ISBN-13: 9784431684121 / Angielski / Miękka / 2012 / 127 str.

Suminori Tokunaga

Opis

As a prototype for introducing landownership into an urban residential choice model, a basic model of residential land use is proposed in which a group of city residents is assumed to own jointly a circular area of land extending from the central business district. Absentee and public landownership models are considered as special cases. With this basic model, the existence and uniqueness of the land-use equilibrium can be shown, and the effects of landownership, household income, and population can be analyzed. By extending this model to an arbitrary subset of the city land and by introducing a crowding externalities variable, the effects of landownership on the land-use equilibrium are examined using comparative statistics. This book will be extremely useful for those whose work or research covers the fields of economics, urban planning, or regional studies.

Spis treści

1. Introduction.- 1.1. Objective of the book.- 1.2. Review of Related Research.- 1.3. Plan of the book.- 2. Behavior of the Household with Land.- 2.1. Introduction.- 2.2. Basic Model of the Household with Land.- 2.3. Characteristics of Maximum Utility.- 2.4. Characteristics of the Optimal Lot Size and the Autarkic Land Rent.- 2.5. Conclusion.- 3. Impact of ?-landownership on Residential Land Use Equilibria.- 3.1. Introduction.- 3.2. The ?-landownership Model.- 3.3. Definition of the Land Use Equilibrium.- 3.4. Existence and Uniqueness of the Land Use Equilibrium.- 3.4.1. Existence of the Equilibria.- 3.4.2. Uniqueness of the Equilibrium.- 3.5. Comparative Statics.- 3.5.1 Changes in ? and Y02.- 3.5.2 Changes in Y01, N1 and N2.- 3.6. Conclusion.- Appendix 3.A: Proof of Lemma 3.6.- Appendix 3.B: Proof of Proposition 3.2.- Appendix 3.C: Proof of relation (3.31).- Appendix 3.D: Formal derivation of results for case 1 in Section 3.5.2.- Appendix 3.E Formal derivation of results for case 2 in Section 3.5.2.- 4. Impact of S-landownership on Residential Land Use Equilibria.- 4.1. Introduction.- 4.2. The S-landownership Model.- 4.3. Existence and Uniqueness of the Equilibrium.- 4.4. Comparative Statics.- 4.5. Conclusion.- Appendix 4.A: Proof of relation (4.22).- Appendix 4.B: Proof of Proposition 4.2.- Appendix 4.C: Proof of relation (4.25).- 5. Landownership and Welfare Impacts of Zoning Regulations.- 5.1. Introduction.- 5.2. A Crowding Externalities Model without a Zoning Regulation.- 5.2.1. The Residential Choice Behavior.- 5.2.2. The Land Use Equilibrium.- 5.3. A Crowding Externalities Model with a Zoning Regulation.- 5.3.1. The Residential Choice Behavior.- 5.3.2. The Land Use Equilibrium.- 5.4. Impact of Minimum Lot Size Regulation on Residential Land Use Equilibria.- 5.5. Conclusion.- Appendix 5.A: Case of a Large MLS Regulation.- 6. Conclusion.- References.- Author index.