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Land Use and Urban Spatial Structure

Paper Session

Friday, Jan. 3, 2025 10:15 AM - 12:15 PM (PST)

San Francisco Marriott Marquis, Nob Hill B
Hosted By: American Real Estate and Urban Economics Association
  • Chair: Eunjee Kwon, University of Cincinnati

Place-based Land Policy and Spatial Misallocation: Theory and Evidence from China

Min Fang
,
University of Florida

Abstract

Place-based policies may create spatial misallocation. We investigate a major policy in China that aims to reduce regional development gaps by distributing more urban land to underdeveloped inland regions. We show empirical evidence that this policy decreased productivity in more developed eastern regions relative to inland regions. We then build a prefecture-level spatial equilibrium model with migration, land constraints, and agglomeration. The model reveals that this policy led to substantial output and productivity losses by distorting both labor and production across regions. Regional output gaps shrank, but workers from under-developed regions reduced their migration to developed regions and earned less. Counterfactuals show that national output would have been 1.8% higher in 2010 if the policy had not been implemented, and workers from underdeveloped regions would have earned 7% more income. We propose a regional monetary transfer policy that reduces regional inequality without significantly increasing spatial misallocation.

Fragmented by Nature: Metropolitan Geography, Urban Connectivity, and Environmental Outcomes

Albert Saiz
,
Massachusetts Institute of Technology
Luyao Wang
,
Massachusetts Institute of Technology
Weipeng Li
,
Research Center of Big Data, College of Information and Communication

Abstract

Physical geography has long been identified as critical for urban development, land use, and environmental outcomes in cities worldwide. However, the extant literature has yet to provide comprehensive, quantitative analyses of the global extent and impact of urban geographic barriers. Our study introduces three novel indexes: the share of natural barriers, non-convexity (a measure of natural fragmentation), and the average road detour, to measure and study the practical reach and effects of natural barriers around global cities. We calculate these indexes for four separate global city-boundary definitions, further augmenting their original shapefiles with relevant additional variables. We find that natural barriers lead to more complex transportation environments and are associated to higher urban densities, smaller urbanized footprints, taller buildings, and less pollution, but also to lower incomes and smaller populations. To draw meaningful policy conclusions, comparative research about environmental, economic, and social outcomes across global cities should always account for their surrounding geographies.

Build up a Metropolis: Land Use Regulations, Spatial Misallocation, and Welfare

Qinghua Zhang
,
Peking University
Zhi Wang
,
Fudan University

Abstract

We examine the general equilibrium effect of land use regulations within a city using a novel inner-city structure model that integrates both endogenous benefits and costs of urban agglomeration. Utilizing this model alongside a newly constructed, spatially disaggregated dataset for Shanghai, we uncover spatial misallocations of floor space caused by the city’s land use regulations diverging from market demand. Allowing market forces to determine the land allocation between business and residential uses could improve welfare by 6.7%. An additional 2.4% could be gained by lifting height restrictions. These welfare gains primarily stem from improved production and consumption agglomeration economies and reduced housing costs. This paper also offers crucial insights for the future spatial development of expanding metropolises like Shanghai. While aligning regulations with market demands boosts efficiency typically, governmental interventions may be essential to address coordination failures resulting from a city’s historical layout that presents spatial misallocation. Specifically, regarding constructing an additional 270 million sqm of new floor space as outlined in Shanghai’s Master plan 2017-2035, we find that by prioritizing new land development in subcenters, welfare could be raised by 21.1%. This gain surpasses a citywide market-driven approach by 6.2%. The additional gains primarily result from enhanced productivity and residential amenities and reduced commuting costs.

Work-from-Home and Urban Spatial Structure: An Elementary Model

Jan K. Brueckner
,
University of California-Irvine

Abstract

Attempts to capture the impacts of work-from-home on cities has generated a boom in both theoretical and empirical analysis. While the new theoretical WFH models are rich and complex, this paper develops a simpler, more-transparent framework. Its crucial features are a Leontief production function for CBD firms and a Leontief utility function for urban workers. On the production side, firms initially use labor (N) and land (L) in a fixed one-to-one proportion (so that L = N), but WFH reduces the share of workers that are physically present in the workplace to some fraction k < 1, which reduces the required land input to kN < N, shrinking the size of the CBD. On the consumption side, WFH reduces commuting cost by the factor k but requires extra space in the home, raising the land used by 1/k without affecting consumption utility. Three standard equilibrium conditions determine the CBD wage, worker land consumption, and the distance to the edge of the city, which in turn yield CBD and residential rents. The analysis derives the effect of WFH (which reduces k below 1) on the variables of interest. Illuminating results emerge from the analysis.

Discussant(s)
Alexander Rothenberg
,
Syracuse University
Remi Jedwab
,
George Washington University
Andrii Parkhomenko
,
University of Southern California
Hoyoung Yoo
,
University of Illinois-Urbana-Champaign
JEL Classifications
  • R0 - General