Land assembly in Amsterdam, 1832–2015
Name
Predicting Land Assembly 2016-09-15.pdf
Description
Accepted version
Size
1008.41 KB
Format
Adobe PDF
Checksum (MD5)
0ca4a70270c942749395f85861b3e141
Author(s)
Lindenthal, Thies
Eichholtz, Piet
Geltner, David M
Date Issued
May 2017
Journal
Regional Science and Urban Economics
Publisher
Elsevier BV
Citation
Lindenthal, Thies et al. "Land assembly in Amsterdam, 1832–2015." Regional Science and Urban Economics 64 (May 2017): 57-67 © 2017 Elsevier B.V.
Version
Author's final manuscript
Abstract
Inner city redevelopment frequently involves the assembly of small lots into bigger ones. We analyze joint lot development and the influence of coordination and transaction costs of land assembly on the exercise of the redevelopment option, using Amsterdam micro housing information for 1832, 1860 and 2015. In all, we have a complete set of building structure and household characteristics for dwellings on almost 30,000 lots for each of these years. We estimate a logit model to predict joint lot redevelopment, based on structural characteristics of lots and dwellings and on social characteristics of their occupants. The results show that both types of characteristics significantly explain land assembly, and the regression coefficients adhere to the theoretical land assembly literature. This paper contributes importantly to our knowledge of the specific land parcel and structural physical characteristics that impact redevelopment. To our knowledge, this is the first paper to study the joint characteristics of the potentially combinable lots, and to document and quantify the role of social characteristics in land assembly.
MIT Department
Massachusetts Institute of Technology. Department of Urban Studies and Planning
Terms of Use
Creative Commons Attribution-NonCommercial-NoDerivs License
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1016/j.regsciurbeco.2017.01.003
