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Estimating Effects of an Urban Growth Boundary on Land Development

Published online by Cambridge University Press:  09 September 2016

Seong-Hoon Cho
Affiliation:
Department of Agricultural Economics, the University of Tennessee
Zhuo Chen
Affiliation:
Center for Disease Control and Prevention, the Chicago Center of Excellence in Health Promotion Economics, the University of Chicago
Steven T. Yen
Affiliation:
Department of Agricultural Economics, the University of Tennessee
David B. Eastwood
Affiliation:
Department of Agricultural Economics, the University of Tennessee
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Abstract

This study estimates the effects of an urban growth boundary (UGB) on land development decisions in Knox County, TN, using a heteroscedastic probit model. With combined effects of increased land development within the city boundary and decreased development within the UGB and the neighboring town of Farragut after the implementation of UGB, the UGB of Knox County has been successful in urban revitalization within the city boundary and discouraging urban sprawl. These UGB impacts may be related to the city government having the right to annex land parcels within the UGB without consent of land owners.

Type
Invited Paper Sessions
Copyright
Copyright © Southern Agricultural Economics Association 2006

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