| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5103720 | Regional Science and Urban Economics | 2017 | 11 Pages |
Abstract
We estimate a logit model to predict joint lot redevelopment, based on structural characteristics of lots and dwellings and on social characteristics of their occupants. The results show that both types of characteristics significantly explain land assembly, and the regression coefficients adhere to the theoretical land assembly literature. This paper contributes importantly to our knowledge of the specific land parcel and structural physical characteristics that impact redevelopment. To our knowledge, this is the first paper to study the joint characteristics of the potentially combinable lots, and to document and quantify the role of social characteristics in land assembly.
Related Topics
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Economics and Econometrics
Authors
Thies Lindenthal, Piet Eichholtz, David Geltner,