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Journal of Economic Geography Advance Access published online on September 21, 2009
Journal of Economic Geography, doi:10.1093/jeg/lbp048
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© The Author (2009). Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oxfordjournals.org

Moderating urban sprawl: is there a balance between shared open space and housing parcel size?

Seong-Hoon Cho*, Dayton M. Lambert*, Roland K. Roberts* and Seung Gyu Kim*

*Department of Agricultural Economics, University of Tennessee, 314A Morgan Hall, 2521 Morgan Circle, Knoxville, TN 37996, USA. email <scho9{at}utk.edu>

JEL classifications: C31, Q51, R58

This article addresses the tradeoff between the values households’ place on shared open space and parcel size, and the implications for housing development policy. Marginal implicit prices of shared open space and single-family housing parcel size are estimated using geographically weighted regression corrected for spatial autocorrelation. The marginal rate of substitution (MRS) of shared open space for lot size is calculated for individual households. Defining target areas based on site-specific MRSs could provide policy makers with more accurate information for designing or updating location-specific land use policies in efforts to moderate urban sprawl.

Keywords: geographically weighted regression, hedonic pricing, smart growth policy, urban sprawl
Date submitted: 31 July 2009     Date accepted: 13 August 2009


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