Heterogeneous Developers, Spatial Interactions, and Land Development Outcomes under Uncertainty

Land development is a central topic in environmental, resource, urban and regional economics, yet our empirical knowledge of people behind land development, the developers, and the supply of urban land is limited. In response I develop a model of exurban land developers to test the spatial interactions of heterogeneous developers in exurban areas. Using estimation techniques that identify a parameter isolate the spatial competition and interaction effect I am able to determine the effects of developer behavior. I find significant evidence of land developers competing spatially as they locate across an exurban county.


Issue Date:
2012
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/124932
Total Pages:
25




 Record created 2017-04-01, last modified 2017-08-26

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