Abstract
The paper sets up a spatial, general equilibrium model of the residential economy in a semi-closed city with two income groups. The rich live in the suburbs and the poor in the central city. It appears that suburban minimum lot size zoning raises the utility level of the poor, a distributional consequence which has perhaps not been highlighted before. It also reduces land values (except at the periphery) and increases the size both of the central city and metropolitan area, implying that this form of zoning may be one of the major factors contributing to urban sprawl.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
