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A fixed-effects model of the impact of minimum-lot-size zoning on residential development
Descriptive
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Title
A fixed-effects model of the impact of minimum-lot-size zoning on residential development
Name
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Jiang
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Li
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Li Jiang
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author
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Gottlieb
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Paul
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Advisory Committee
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Paul Gottlieb
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chair
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Carl
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Advisory Committee
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Carl Pray
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internal member
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Tavernier
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Edmund
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Advisory Committee
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Edmund Tavernier
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Rutgers University
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Graduate School - New Brunswick
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theses
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2008
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2008-10
Language
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English
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electronic
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vii, 45 pages
Abstract
Minimum lot size zoning has a long history of implementation as a growth control tool at the local level. But due to the relative scarcity of land use data with high quality, the actual effect of minimum lot size on residential land development is ambiguous and further investigation based on explicit empirical evidence is required. Our panel data on acres of land use in 83 New Jersey Highlands communities in 1986, 1995 and 2002 provide an ideal platform for exploring the true relationship between large-lot-zoning and residential land consumption. In this paper, we first construct a theoretical framework that illustrates why the relationship should be nonlinear, providing the correct specification for the independent variable of interest. Then two land use share models--the fixed effect model and OLS with a time dummy--are applied to the panel dataset. Results from a series of model adequacy tests demonstrate clear superiority of the fixed effect model. The empirical results based on the fixed effect method suggest that residential land development first increases with minimum lot size at a diminishing rate, and it declines after reaching the maximum point at the minimum lot size of 5.298 acres. Our results provide preliminary evidence that large-lot-zoning can only reduce residential growth if it is set at a relatively high level. The results also imply that up-zoning can be an effective tool for reducing land consumption.
Key words: fixed effect, growth control, minimum lot size, land use, large-lot-zoning, regional heterogeneity, residential development, urbanization
Key words: fixed effect, growth control, minimum lot size, land use, large-lot-zoning, regional heterogeneity, residential development, urbanization
Note
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M.S.
Note
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Includes bibliographical references (p. 41-44).
Subject
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Topic
Food and Business Economics
Subject
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Topic
Cities and towns--Growth
Subject
(ID = SUBJ3);
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Topic
Zoning
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Graduate School - New Brunswick Electronic Theses and Dissertations
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rucore19991600001
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http://hdl.rutgers.edu/1782.2/rucore10001600001.ETD.17502
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ETD_1037
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doi:10.7282/T3N87B3W
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ETD graduate
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Open
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Li Jiang
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Rutgers University. Graduate School - New Brunswick
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I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
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