The Oxford Handbook of Urban Economics and Planning


Book Description

This volume embodies a problem-driven and theoretically informed approach to bridging frontier research in urban economics and urban/regional planning. The authors focus on the interface between these two subdisciplines that have historically had an uneasy relationship. Although economists were among the early contributors to the literature on urban planning, many economists have been dismissive of a discipline whose leading scholars frequently favor regulations over market institutions, equity over efficiency, and normative prescriptions over positive analysis. Planners, meanwhile, even as they draw upon economic principles, often view the work of economists as abstract, not sensitive to institutional contexts, and communicated in a formal language spoken by few with decision making authority. Not surprisingly, papers in the leading economic journals rarely cite clearly pertinent papers in planning journals, and vice versa. Despite the historical divergence in perspectives and methods, urban economics and urban planning share an intense interest in many topic areas: the nature of cities, the prosperity of urban economies, the efficient provision of urban services, efficient systems of transportation, and the proper allocation of land between urban and environmental uses. In bridging this gap, the book highlights the best scholarship in planning and economics that address the most pressing urban problems of our day and stimulates further dialog between scholars in urban planning and urban economics.




The Economics of Property and Planning


Book Description

This book introduces the interlocking disciplines of property and planning to economic theory and practice. Unlike any other available textbook, The Economics of Property and Planning skilfully introduces the reader to the interplay between property and planning using an economic lens. As resources become scarce, there is a growing need for students to understand the principles of economics in property and planning, especially given the rapid social, environmental, technological, and political changes that are shaping places. The book begins with an outline of key economists and economic problems, then resources and scarcity, before examining macro- and microeconomic factors at play in property and planning. Furthermore, this book covers a variety of topics, including spatial and locational modelling, fiscal approaches to redistribution, regeneration and renewal, and transport and infrastructure financing. There is also a particular focus on contemporary issues such as climate change, environmental limits to economic growth, sustainability and resilience, and affordable housing. This book also introduces practical evaluation tools and appraisal, plus a look at property and planning with respect to macroeconomic objectives, policy, and new directions. With property and planning essential factors in economic thinking and doing, this book provides insight into what future places will look like in real terms and how they will be shaped by policy. Targeted disciplines for this book include Economics, Planning, Property, Construction, Geography, Environmental Management, Sustainability, Housing, Built Environment, Land Economy, Urban Studies, Regional Studies, and Public Policy.




Order without Design


Book Description

An argument that operational urban planning can be improved by the application of the tools of urban economics to the design of regulations and infrastructure. Urban planning is a craft learned through practice. Planners make rapid decisions that have an immediate impact on the ground—the width of streets, the minimum size of land parcels, the heights of buildings. The language they use to describe their objectives is qualitative—“sustainable,” “livable,” “resilient”—often with no link to measurable outcomes. Urban economics, on the other hand, is a quantitative science, based on theories, models, and empirical evidence largely developed in academic settings. In this book, the eminent urban planner Alain Bertaud argues that applying the theories of urban economics to the practice of urban planning would greatly improve both the productivity of cities and the welfare of urban citizens. Bertaud explains that markets provide the indispensable mechanism for cities’ development. He cites the experience of cities without markets for land or labor in pre-reform China and Russia; this “urban planners’ dream” created inefficiencies and waste. Drawing on five decades of urban planning experience in forty cities around the world, Bertaud links cities’ productivity to the size of their labor markets; argues that the design of infrastructure and markets can complement each other; examines the spatial distribution of land prices and densities; stresses the importance of mobility and affordability; and critiques the land use regulations in a number of cities that aim at redesigning existing cities instead of just trying to alleviate clear negative externalities. Bertaud concludes by describing the new role that joint teams of urban planners and economists could play to improve the way cities are managed.




Urban Economics and Urban Policy


Book Description

øThis groundbreaking book will prove to be an invaluable resource and a rewarding read for academics, practitioners and policymakers interested in the economics of urban policy, urban planning and development, as well as international studies and innov




Urban Transit


Book Description

The only modern text to cover all aspects of urban transit operations, planning, and economics Global in scope, up-to-date with current practice, and written by an internationally renowned expert, Urban Transit: Operations, Planning, and Economics is a unique volume covering the full range of issues involved in the operation, planning, and financing of transit systems. Presenting both theoretical concepts and practical, real-world methodologies for operations, planning and analyses of transit systems, this book is a comprehensive single-volume text and reference for students as well as professionals. The thorough examination of technical fundamentals and management principles in this book enables readers to address projects across the globe despite nuances in regulations and laws. Dozens of worked problems and end-of-chapter exercises help familiarize the reader with the formulae and analytical techniques presented in the book's three convenient sections: Transit System Operations and Networks Transit Agency Operations, Economics, and Organization Transit System Planning Visually enhanced with nearly 250 illustrations, Urban Transit: Operations, Planning, and Economics is a reliable source of the latest information for transit planners and operators in transit agencies, metropolitan planning organizations, city governments, consulting firms as well as students of transportation engineering and city planning at universities and in professional courses.




City Planning


Book Description

City planning is a practice and a profession. It is also a set of goals and--sometimes utopian--aspirations. Formal thought about the shaping of cities as physical spaces and social environments calls on the same range of disciplines and approaches that we use for understanding cities themselves, from art and literature through the social and natural sciences. Surrounding the core profession of city planning, also known as urban or town planning, are related fields of architecture, landscape design, engineering, geography, political science and policy, sociology, and social work. In addition, the legions of community and environmental activists influence debates and controversies within the field. This Very Short Introduction is organized around eight key aspects of city planning: street layout; congestion and decentralization; the response to suburbanization; the conservation and regeneration of older districts; cities as natural systems; cities and regions; social class and ethnicity; and disasters and resilience. The underlying assumption throughout is that decisions that we make today about cities and metropolitan regions are best understood as the continuation of past efforts to solve fundamental problems that have shifted and evolved over multiple generations. At its best, city planning utilizes technical tools to achieve goals set by community action and political debate. Carl Abbott's addition to Oxford's long-running Very Short Introduction series is a brief but concentrated look at past decisions about the management of urban growth and their effects on the creation of the twenty-first century city. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.




Urban and Environmental Economics


Book Description

The importance of the built environment to environmental protection is well established, with strict environmental regulations now a feature of the working lives of planners, contractors, building designers, and quantity surveyors alike. Those new to, or preparing to join this industry must have an understanding of how their environmental responsibilities relate to their professional responsibilities in economic terms. Designed as an introductory textbook, Urban and Environmental Economics: An Introduction provides the background information from these disciplines to understand crucial tools and economic techniques. A broad range of theories of the natural and built environments and economics are explained, helping the reader develop a real understanding of the topics that influence this subject, such as: the history of economic thought on the built environment the economics of shared space in the built environment cost-benefit analysis and discounting macro-economic tools, measures, and policy sustainable development resource valuation. Illustrated throughout, and with lists of further reading in every chapter, this book is ideal for students at all levels who need to get to grips with the economics of the environment within a built environment context. Particularly useful to those studying planning, land economy, environmental management, or housing development.




Urban Economics and Fiscal Policy


Book Description

An innovative advanced-undergraduate and graduate-level textbook in urban economics With more than half of today’s global GDP being produced by approximately four hundred metropolitan centers, learning about the economics of cities is vital to understanding economic prosperity. This textbook introduces graduate and upper-division undergraduate students to the field of urban economics and fiscal policy, relying on a modern approach that integrates theoretical and empirical analysis. Based on material that Holger Sieg has taught at the University of Pennsylvania, Urban Economics and Fiscal Policy brings the most recent insights from the field into the classroom. Divided into short chapters, the book explores fiscal policies that directly shape economic issues in cities, such as city taxes, the provision of quality education, access to affordable housing, and protection from crime and natural hazards. For each issue, Sieg offers questions, facts, and background; illuminates how economic theory helps students engage with topics; and presents empirical data that shows how economic ideas play out in daily life. Throughout, the book pushes readers to think critically and immediately put what they are learning to use by applying cutting-edge theory to data. A much-needed resource for students and policymakers, Urban Economics and Fiscal Policy offers a unique approach to a vital and fast-growing area of economic study. Introduces advanced-undergraduate and graduate students to urban economics Presents the latest theoretical and empirical research Applies economic tools to real-world issues, including housing, labor, education, crime, and the environment Explains and uses simple economic models and quantitative analysis




Capital City


Book Description

“This superbly succinct and incisive book” on urban planning and real estate argues gentrification isn’t driven by latte-sipping hipsters—but is engineered by the capitalist state (Michael Sorkin, author of All Over the Map) Our cities are changing. Around the world, more and more money is being invested in buildings and land. Real estate is now a $217 trillion dollar industry, worth thirty-six times the value of all the gold ever mined. It forms sixty percent of global assets, and one of the most powerful people in the world—the former president of the United States—made his name as a landlord and developer. Samuel Stein shows that this explosive transformation of urban life and politics has been driven not only by the tastes of wealthy newcomers, but by the state-driven process of urban planning. Planning agencies provide a unique window into the ways the state uses and is used by capital, and the means by which urban renovations are translated into rising real estate values and rising rents. Capital City explains the role of planners in the real estate state, as well as the remarkable power of planning to reclaim urban life.




Planet of Cities


Book Description

Nearly 4,000 cities on our planet today have populations of 100,000 people or more. We know their names, locations, and approximate populations from maps and other data sources, but there is little comparable knowledge about all these cities, and none that can be described as rigorously scientific. The Planet of Cities together with its companion volume, the Atlas of Urban Expansion, contributes to developing a science of cities based on studying all these cities together—not in the abstract, but with a view to preparing them for their coming expansion. The book puts into question the main tenets of the familiar Containment Paradigm, also known as smart growth, urban growth management, or compact city, that is designed to contain boundless urban expansion, typically decried as sprawl. It examines this paradigm in a broader global perspective and shows it to be deficient and practically useless in addressing the central questions now facing expanding cities outside the United States and Europe. In its place Shlomo Angel proposes to revive an alternative Making Room Paradigm that seeks to come to terms with the expected expansion of cities, particularly in the rapidly urbanizing countries in Asia and Africa, and to make the minimally necessary preparations for such expansion instead of seeking to contain it. This paradigm is predicated on four propositions:1. The expansion of cities that urban population growth entails cannot be contained. Instead we must make adequate room to accommodate it.2. City densities must remain within a sustainable range. If density is too low, it must be allowed to increase, and if it is too high, it must be allowed to decline.3. Strict containment of urban expansion destroys the homes of the poor and puts new housing out of reach for most people. Decent housing for all can be ensured only if urban land is in ample supply.4. As cities expand, the necessary land for public streets, public infrastructure networks, and public open spaces must be secured in advance of development.The first part of the book explores planetary urbanization in a historical and geographical perspective, to establish a global perspective for the study of cities. It confirms that we are in the midst of an urbanization project that started in earnest at the beginning of the nineteenth century, has now reached its peak with half the world population residing in urban areas, and will come to a close, possibly by the end of this century, when most people who want to live in cities will have moved there. This realization lends urgency to the call for preparing for urban expansion now, when the urbanization project is still in full swing, rather than later, when it would be too late to make a difference.The second part of the book seeks to deepen our understanding and thus lessen our fear of urban expansion by providing detailed quantitative answers to seven sets of questions regarding the dimensions and attributes of urban expansion:1. What are the extents of urban areas everywhere and how fast are they expanding over time?2. How dense are these urban areas and how are urban densities changing over time?3. How centralized are the residences and workplaces in cities and do they tend to disperse to the periphery over time? 4. How fragmented are the built-up areas of cities and how are levels of fragmentation changing over time?5. How compact are the shapes of urban footprints and how are their levels of compactness changing over time?6. How much land would urban areas require in future decades?7. How much cultivated land will be consumed by expanding urban areas?By answering these questions and exploring their implications for action, this book provides the conceptual framework, basic empirical data, and practical agenda necessary for the minimal yet meaningful management of the urban expansion process.The companion volume, Atlas of Urban Expansion, was also authored by Lincoln Institute visiting fellow Shlomo “