Tradable planning permits versus auctioned tradable development rights: different trading agents, different policy outcomes
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11240%2F16%3A10325102" target="_blank" >RIV/00216208:11240/16:10325102 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1080/09640568.2015.1077105" target="_blank" >http://dx.doi.org/10.1080/09640568.2015.1077105</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/09640568.2015.1077105" target="_blank" >10.1080/09640568.2015.1077105</a>
Alternative languages
Result language
angličtina
Original language name
Tradable planning permits versus auctioned tradable development rights: different trading agents, different policy outcomes
Original language description
The tradable planning permit (TPP) policy seeks to limit the land take by development. It can be used in countries where development rights are vested by land-use planning to certain landowners only. TPPs are traded among public authorities. We introduce here a new policy, called the auctioned tradable development rights (ATDR) policy, which takes advantage of unvested rights of development and of trading among private actors. We compare the TPP, the ATDR policy and our baseline land-use planning model using a set of criteria. There are trade-offs within compared models. Both trading policies extend opportunities for land protection from development in exchange for higher transaction costs (highest in the ATDR policy). Trading policies seek also to recapture a part of development rent, decrease rent-seeking, and locate new development more effectively from the investors' perspective. However, trading among public authorities in the TPP model may hinder attaining these effects.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
DO - Protection of landscape
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Environmental Planning and Management
ISSN
0964-0568
e-ISSN
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Volume of the periodical
59
Issue of the periodical within the volume
8
Country of publishing house
GB - UNITED KINGDOM
Number of pages
20
Pages from-to
1418-1437
UT code for WoS article
000377275700005
EID of the result in the Scopus database
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