Optimization of floor area ratio regulation in a growing city

Maximum floor area ratio (FAR) regulation is widely imposed in cities to mitigate negative population externalities (e.g. congestion). This paper presents determination of optimal FAR regulation in a two-zone city with a growing population. Results show the following. 1) Maximum FAR regulation alone...

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Veröffentlicht in:	Regional science and urban economics 2009-07, Vol.39 (4), p.502-511
Hauptverfasser:	Joshi, Kirti Kusum, Kono, Tatsuhito
Format:	Artikel
Sprache:	eng
Schlagworte:	Cities Congestion Construction industry Deadweight loss Externalities Externality Floor area ratio Optimization Population externality Population externality Floor area ratio Congestion Deadweight loss Population growth Regulation Studies Urban development Urban planning Urban space
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