Costs and Benefits of Land Use Regulations: A Theoretical Survey

John F. McDonald, Daniel P McMillen

Research output: Contribution to journalReview articlepeer-review


This article presents a survey of standard microeconomic models that are designed to be used in the cost-benefit analysis of local land use decisions at the individual parcel or block level. The models connect these policy decisions to outcomes in the urban land and labor markets so that costs and benefits can be measured.

Original languageEnglish (US)
Pages (from-to)157-175
Number of pages19
JournalJournal of Real Estate Literature
Issue number2
StatePublished - 2003
Externally publishedYes

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)


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