Hostname: page-component-586b7cd67f-2brh9 Total loading time: 0 Render date: 2024-11-25T13:23:54.646Z Has data issue: false hasContentIssue false

Factors Influencing Land Values in the Presence of Suburban Sprawl

Published online by Cambridge University Press:  10 May 2017

Bruce E. Lindsay
Affiliation:
Department of Agricultural and Food Economics, University of Massachusetts, Amherst, Massachusetts
Cleve E. Willis
Affiliation:
Department of Agricultural and Food Economics, University of Massachusetts, Amherst, Massachusetts
Get access

Extract

The spread of suburbs into previously rural areas has become commonplace in the United States. A rather striking aspect of this phenomenon has been the discontinuity which results. This aspect is often manifest in a haphazard mixture of unused and densely settled areas which has been described as “sprawl”. A more useful definition of suburban sprawl, its causes, and its consequences, is provided below in order to introduce the econometric objectives of this paper.

Type
Research Article
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 Alonso, W., “A Theory of the Urban Land Market”, Papers and Proceedings of the Regional Science Association, Volume 6, 1960.Google Scholar
2 Bahl, Roy W., “A Land Speculation Model: The Role of the Property Tax as a Constraint to Urban Sprawl”, Journal of Regional Science, Winter 1968.Google Scholar
3 Clawson, Marion, “Urban Sprawl and Speculation in Suburban Land”, Land Economics, May 1962.Google Scholar
4 Clonts, Howard A. Jr., “Influence of Urbanization on Land Values at the Urban Periphery”, Land Economics, November 1970.Google Scholar
5 Farrar, D. E. and Glauber, R. R., “Multicollinearity in Regression Analysis: The Problem Re-visited”, Review of Economics and Statistics, 49: 1967.Google Scholar
6 Goldberger, Arthur S., Econometric Theory, New York: John Wiley and Sons, 1964.Google Scholar
7 Harvey, R. O. and Clark, W. A. V., “The Nature and Economics of Urban Sprawl”, Land Economics, February 1965.Google Scholar
8 Johnston, J., Econometric Methods, New York: McGraw-Hill, 1972.Google Scholar
9 Lindsay, B. E., “The Influence of Selected Variables on Land Values in the Rural-Urban Interface”, Unpublished M.S. Thesis, Department of Agricultural and Food Economics, University of Massachusetts, Amherst, Massachusetts, 1973.Google Scholar
10 Mohring, Herbert, “Land Values and the Measurement of Highway Benefits”, Journal of Political Economy, June 1961.Google Scholar
11 Pendleton, W. C., “The Valuation of Accessibility”, Ph.D. Dissertation, University of Chicago, 1962.Google Scholar
12 Yeates, Maurice H., “Some Factors Affecting the Spatial Distribution of Chicago Land Values, 1910-1960”, Economic Geography, January 1965.Google Scholar