Title：Measuring the Stringency of Land Use Regulation: A Shadow Price Approach

　　Schedule: June 1, Wed 10-12 AM

　　Location: 腾讯会议 359 510 809

　　Abstract：Land use regulations are ubiquitous. I propose a shadow price approach to measuring the stringency of land use regulation. A regulation is considered more restrictive if the land developer is willing to pay a larger amount for a marginal relaxation of the regulation. I show that existing theory-based measures of land use stringency are either equivalents or variations of this shadow price measure. Using data from China, I demonstrate that it is possible to compare the stringency of two kinds of land use regulation, a key advantage of this shadow price approach.

　　Introduction:张俊富博士，美国克拉克大学经济系教授，主要研究城市与区域经济学。他的研究包括中国城镇化、区域发展、创业和工作机会创造、高科技产业的集聚、居住隔离等。他在 Journal of Economic Behavior and Organization , Journal of Urban Economics , Regional Science and Urban Economics, and Review of Economics and Statistics  等国际知名学术期刊发表论文多篇。