Publication Details

Category Text Publication
Reference Category Conference papers
Title (Primary) Facilitating land use planning by tradable development rights
Title (Secondary) 9th International Conference of European Society for Ecological Economics "Advancing Ecological Economics: Theory and Practise" Istanbul, June 14th to 17th 2011
Author Lehmann, P.; Schröter-Schlaack, C. ORCID logo
Year 2011
Department OEKON
Page From 1
Page To 19
Language englisch
Keywords Land development; policy mix; permit trading; tradable development rights, land use planning; environmental benefits; transaction costs
Abstract

Existing land use planning systems seem to have failed in regulating land development properly. As a consequence, tradable development rights (TDRs) have increasingly been promoted as a regulatory alternative. This paper clarifies under which conditions TDRs can be a useful instrument to regulate land development. For this purpose, it first of all outlines the reasons why markets and existing planning approaches fail in governing land development. Moreover, it reflects on the experiences from air pollution control which have shown that the implementation of single tradable permits schemes may be neither desirable. Based on these insights, a pragmatic approach for land development control is proposed which embeds TDRs into the existing system of land use planning.

Persistent UFZ Identifier https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=11722
Lehmann, P., Schröter-Schlaack, C. (2011):
Facilitating land use planning by tradable development rights
9th International Conference of European Society for Ecological Economics "Advancing Ecological Economics: Theory and Practise" Istanbul, June 14th to 17th 2011
1 - 19