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An examination of the monopoly zoning hypothesis
Resource type
Author/contributor
- Thorson, J.A. (Author)
Title
An examination of the monopoly zoning hypothesis
Abstract
There have been several studies that have investigated the effect of zoning on housing prices. One hypothesis is that the restrictiveness of zoning laws will vary with the monopoly power of a town. The degree of monopoly power varies with the number of towns in the urban area. Urban areas with few zoning jurisdictions are likely to have higher housing prices than more fragmented urban areas. Previous research on this topic has shown mixed results. The results in this article suggest that towns with more monopoly power do tend to have significantly higher housing prices than more fragmented urban areas.
Publication
Land Economics
Publisher
University of Wisconsin Press
Date
1996
Volume
72
Issue
1
Pages
43-55
Journal Abbr
Land Econ.
DOI
Citation Key
thorsonExaminationMonopolyZoning1996
ISSN
00237639 (ISSN)
Archive
Scopus
Language
English
Extra
23 citations (Crossref) [2023-10-31]
Citation
Thorson, J. A. (1996). An examination of the monopoly zoning hypothesis. Land Economics, 72(1), 43–55. Scopus. https://doi.org/10.2307/3147156
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